Title
Samuelson Friedman: The Battle Over the Free Market,New
Delivery time: 8-12 business days (International)
A Financial Times Best Economics Book of 2021From 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 Keyness 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 bestselling economics textbook of all time, famously remarking 'I dont care who writes a nations lawsor crafts its advanced treatisesif 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 Wapshotts nimble hands, Samuelson and Friedmans decadeslong argument over howor whetherto 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.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main focus of 'Samuelson Friedman: The Battle Over the Free Market'? A: The book focuses on the intellectual rivalry between Paul Samuelson and Milton Friedman, exploring their differing economic philosophies and the impact of their ideas on modern economics.
- Q: Who is the author of this book and what is his background? A: The author is Nicholas Wapshott, a journalist known for his work on economics and history, who also wrote 'Keynes Hayek'.
- Q: What significant topics are covered in the book? A: The book covers key economic concepts such as Keynesian economics and monetarism, as well as historical events like the Great Depression and stagflation.
- Q: Is this book suitable for readers unfamiliar with economics? A: Yes, the book is written in an accessible narrative style, making complex economic theories understandable for general readers.
- Q: How many pages does the book contain? A: The book contains 384 pages.
- Q: What is the publication date of 'Samuelson Friedman'? A: The book was published on August 3, 2021.
- Q: What type of binding does this book have? A: The book is available in hardcover binding.
- Q: Are there any notable accolades associated with this book? A: Yes, it was recognized as a Financial Times Best Economics Book of 2021.
- Q: What is the condition of the book being sold? A: The book is sold as new.
- Q: Can this book be a good resource for understanding current economic debates? A: Yes, it provides historical context that is relevant to ongoing discussions in economics today.