Samuelson Friedman : the battle over the free market

Resource Information

The work Samuelson Friedman : the battle over the free market represents a distinct intellectual or artistic creation found in European University Institute Library. This resource is a combination of several types including: Work, Language Material, Books.

Label

Samuelson Friedman : the battle over the free market

Title remainder

the battle over the free market

Statement of responsibility

Nicholas Wapshott

Creator

• Wapshott, Nicholas

Subject

• Economics -- United States -- History -- 20th century
• Economists -- United States
• Free enterprise
• Chicago school of economics
• Keynesian economics
• Samuelson, Paul A., (Paul Anthony), 1915-2009
• Friedman, Milton, 1912-2006

Language

eng

Summary

"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 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"--

Assigning source

Provided by publisher

Index

index present

Literary form

non fiction

Nature of contents

bibliography