4/4: On the eve of the Recession Of 2023: 4/4: Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott

Dec 19, 2022, 12:57 AM

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4/4: On the eve of the Recession Of 2023: 4/4: Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott 

https://www.amazon.com/Samuelson-Friedman-Battle-Over-Market-ebook/dp/B08589Z7M9/ref=sr_1_1?dchild=1&keywords=Nicholas+Wapshott+%2B+samuelson&qid=1627690920&s=digital-text&sr=1-1

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, the 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.