Fourth Estate, £10.99
Grand Pursuit, By Sylvia Nasar
Boyd Tonkin is Literary Editor at The Independent. An award-winning journalist, he was formerly Social Policy Editor of the New Statesman and has broadcast extensively for BBC arts and current affairs programmes. He has judged the Booker Prize, the Whitbread biography award, the Commonwealth Writers Prize and the David Cohen Prize for a lifetime's achievement in literature.
Saturday 01 September 2012
If you have never read a book about modern economics, make this the first. Sylvia Nasar tells the story of the "dismal science" through shrewd, pacey and (yes) highly enjoyable portraits of its 19th- and 20th-century gurus.
From Marx and Engels to Keynes, Hayek and Amartya Sen, she shows how the crises and challenges recur. Her economists never square the circle of market and society, never abolish boom-and-bust – but they can "fail better".
The long search to make humankind the driver, not the victim, of economic change persists.
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