THE WORLDLY PHILOSOPHERS: THE LIVES, TIMES, AND IDEAS OF THE GREAT ECONOMIC THINKERS (342 pp.)Roberf L. HeilbronerSimon & Schuster ($5).
The fraternity of economists is recent and exclusive. For the first 6,000 years of recorded history, no candidate presented himself, because economics in the modern sense did not exist. The production of food, the making and selling of goods, was thought subject to the laws of God, King or custom; no one suspected that such lowly economic activities might have laws of their own. That thought did not dawn until the late Renaissance,...
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