William Breit

William Breit was E. M. Stevens Distinguished Professor Emeritus at Trinity University, San Antonio.

  • Lives of the Laureates, Fifth Edition

    Lives of the Laureates, Fifth Edition

    Twenty-three Nobel Economists

    William Breit and Barry T. Hirsch

    Autobiographical accounts by twenty-three Nobel laureates give a picture of the richness of contemporary economic thought and insights into the creative process.

    Lives of the Laureates offers readers an informal history of modern economic thought as told through autobiographical essays by twenty-three winners of the Nobel Prize in Economics. The essays not only provide unique insights into major economic ideas of our time but also shed light on the processes of intellectual discovery and creativity. This fifth edition adds five recent Nobel laureates to its list of contributors: Vernon L. Smith (2002), Clive W. J. Granger (2003), Edward C. Prescott (2004), Thomas C. Schelling (2005) and Edmund S. Phelps (2006). Also included is the editors' revised afterword, “Lessons from the Laureates.”

    Lives of the Laureates grows out of a continuing lecture series at Trinity University in San Antonio, which invites Nobelists from American universities to describe their evolution as economists in personal as well as technical terms. Each laureate achieves the goal of clarity without sacrificing inherently difficult content: Kenneth Arrow makes grasping the essentials of his “impossibility theorem” painless; Lawrence Klein clearly presents what goes into econometric “model building”; George Stigler masterfully describes his “information theory”; and so on. These lectures demonstrate the richness and diversity of contemporary economic thought. The reader will find that paths cross in unexpected ways—that disparate thinkers were often influenced by the same teachers—and that luck as well as hard work plays a role in the process of scientific discovery.

    • Hardcover $36.95
  • Lives of the Laureates, Third Edition

    Lives of the Laureates, Third Edition

    Thirteen Nobel Economists

    William Breit and Roger W. Spencer

    Lives of the Laureates brings a fresh perspective to the science of economics. Here Paul Samuelson, Milton Friedman, George Stigler, Arthur Lewis, Lawrence Klein, James Tobin, and Kenneth Arrow present their own personal and professional development in a series of essays that reveals the diversity and richness of contemporary economic thought in America.

    Lives of the Laureates provides a condensed and personalized history of modern economic thought, with some of the most eloquent and important contributors to that history as guides. William F. Sharpe of the Graduate School of Business at Stanford, Ronald H. Coase of the University of Chicago, and Douglass C. North of Washington University are the distinguished trio of American economic laureates who have added their invaluable insights to this new edition.

    Contributors Franco Modigliani, James M. Buchanan, Robert M. Solow, Paul Samuelson, Milton Friedman, W. Arthur Lewis, Lawrence Klein, James Tobin, George Stigler, and Kenneth Arrow in a series of autobiographical essays that describe each economist's personal and professional development.

    • Hardcover $30.00
    • Paperback $21.95