Description
Discover the monumental intellectual duel between Paul Samuelson and Milton Friedman in this captivating book by Nicholas Wapshott. Dive into the heart of economic theories as these two titans of economics—Samuelson, a fierce advocate for Keynesian principles, and Friedman, a pioneering monetarist—debate the essence of economic management. This insightful exploration covers pivotal historical moments from the optimism of the 1950s to the struggles of stagflation, revealing the complexities of economic thought and its impact on political discourse. With 352 pages of rich commentary and analysis, this BRAND NEW edition published by W W Norton & Company in 2021 is essential for anyone interested in economics, financial history, or the ideologies that shape our world today. Explore the contrasting perspectives that have influenced economic policy for decades and understand why their debate remains relevant in contemporary discussions. Enjoy free shipping on your order, but please allow up to 6 weeks for delivery. Note that once your order is placed, it cannot be cancelled. This is your chance to gain a nuanced understanding of economics through the lens of history—a must-read for students, professionals, and enthusiasts alike.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9780393285185
Year: 2021
Publisher: W W Norton & Company
Pages: 352
Description:
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.
Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.
Condition: BRAND NEW
ISBN: 9780393285185
Year: 2021
Publisher: W W Norton & Company
Pages: 352
Description:
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.