PREVIEW: Keynesianism: From a conversation later tonight with author Nicholas Wapshott re the debate in the pages of Newsweek in the 1960s between those who believe Keynes theory of spending as an answer to recession (Paul Samuelson) vs those who believe
Apr 06, 08:11 PM
PREVIEW: Keynesianism: From a conversation later tonight with author Nicholas Wapshott re the debate in the pages of Newsweek in the 1960s between those who believe Keynes theory of spending as an answer to recession (Paul Samuelson) vs those who believe spending causes inflation which contributes to underperformance(Milton Friedman).
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.
1925 Calvin Coolidge (not a Keynesian) throws out the first ball of the season.
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.
1925 Calvin Coolidge (not a Keynesian) throws out the first ball of the season.