Samuelson Friedman: The Battle Over the Free Market

preview-18
  • Samuelson Friedman: The Battle Over the Free Market Book Detail

  • Author : Nicholas Wapshott
  • Release Date : 2021-08-03
  • Publisher : W. W. Norton & Company
  • Genre : Business & Economics
  • Pages : 317
  • ISBN 13 : 0393285197
  • File Size : 95,95 MB

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

Book Description: A Financial Times Best Economics Book of 2021 From the author of Keynes Hayek, the next great duel in the history of economics. 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 of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don’t care who writes a nation’s laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott’s nimble hands, Samuelson and Friedman’s decades-long argument over how—or whether—to manage the economy becomes a window onto 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.

Disclaimer: www.yourbookbest.com does not own Samuelson Friedman: The Battle Over the Free Market books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The Deepest Human Life

The Deepest Human Life

File Size : 31,31 MB
Total View : 3868 Views
DOWNLOAD

This accessible and thought-provoking introduction to philosophy shows how the eternal questions can shed light on our lives and struggles. These days, we gener

You Can't Dream Big Enough

You Can't Dream Big Enough

File Size : 87,87 MB
Total View : 3928 Views
DOWNLOAD

From his humble beginnings on a small dairy farm in Wisconsin to America's most recognizable voice of agriculture, Orion Samuelson tells the stories of his sixt

The Six New Rules of Business

The Six New Rules of Business

File Size : 72,72 MB
Total View : 3432 Views
DOWNLOAD

The rules of business are changing dramatically. The Aspen Institute's Judy Samuelson describes the profound shifts in attitudes and mindsets that are redefinin

Economics: The Original 1948 Edition

Economics: The Original 1948 Edition

File Size : 44,44 MB
Total View : 2958 Views
DOWNLOAD

A rare reproduction of Nobel Prize Winner Paul Samuelson's original 1948 Classic economics textbook. For 50 years, Samuelson's Economics has been the standard-b