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Samuelson Friedman Nicholas Wapshott

Samuelson Friedman By Nicholas Wapshott

Samuelson Friedman by Nicholas Wapshott


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Summary

From the author of the critically acclaimed Keynes Hayek, the next great duel in the history of economics.

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Samuelson Friedman Summary

Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott

In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes's General Theory. Milton Friedman, little known at that time outside conservative academic circles, championed "monetarism" and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy.

In the nimble hands of author and journalist Nicholas Wapshott, Samuelson and Friedman's decades-long argument becomes a window through which to view one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation", it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today.

About Nicholas Wapshott

Nicholas Wapshott's many books include biographies of Margaret Thatcher and Carol Reed, Keynes Hayek: The Clash That Defined Modern Economics, and The Sphinx: Franklin Roosevelt, the Isolationists, and the Road to World War II.

Additional information

CIN0393285189G
9780393285185
0393285189
Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott
Used - Good
Hardback
WW Norton & Co
2020-08-07
320
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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