I bought this book based on a recommendation from Robert Kiyosaki in his Rich Dad’s Cash Flow Quadrant book. In it he calls The Worldly Philosophers one of the most important books he has read and calls it a must read for those who are in business or investors.
The book is about the history of Economics by describing the times, lives and philosophy’s of the great (and some not so great) economists. While I have certainly heard the names of many famous economists, Adam Smith, Marx, John Maynard Keynes etc I never really knew much about their exact philosophies. Thanks to this book I have a better understanding of what they taught. So when I hear the term “Keynesian Economics” I now know they are referring to government tinkering with the economy.
The book is interesting but not what I was expecting. The stories are more about the lives of the economists and how that shaped their theories, rather than a discussion of the theories themselves. If you want a book about the how to nuts and bolts of economics that you can apply in your life and business, this is not it. If you want a book that is interesting, that will challenge you, and will give you a solid background in history and economics this could be just the ticket.