The Invisible Hand of Maria Edgeworth
How a Nineteenth-Century Novelist Taught the World Economics
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The Invisible Hand of Maria Edgeworth
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Narrated by:
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By:
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Jeanna Smialek
Summary
At the end of the eighteenth century, Europe faced revolutions, famine, and war. It was out of this chaos that the field of economics was born—and while that founding has for centuries been attributed almost entirely to men, they were only part of the story.
Maria Edgeworth, known to her contemporaries as “the Great Maria,” was one of the most important authors of the Regency era, envied by Lord Byron, admired by Jane Austen, and read avidly by the British royalty. But she was more than just a novelist and a society fixture: She was also a covert economist, working just after Adam Smith and alongside her friends David Ricardo and Thomas Malthus. As the earliest economists established their philosophies on production and investment, Edgeworth published dozens of stories, many with lessons on finance, society, and trade tucked into their plots. Through her fiction, Edgeworth delivered new ideas to a broader public, stretching the boundaries of what a woman of her time could achieve and captivating an empire in the process.
Here, her tale is told alongside those of the men—and women—who invented a field that would reshape our world. Lively and original, The Invisible Hand of Maria Edgeworth brings this astonishing woman and her world vividly to life and rewrites the origin story of modern economics.
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Critic reviews
“Revelatory and riveting—an original perspective on the history of economic thought that will change how you see today’s economy, and a pleasure to read from start to finish.” —Jason Furman, Professor of Economics at Harvard University and Former Chair of the Council of Economic Advisers
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