Provides a history of the diverging economic viewpoints that emerged after the 1929 stock market crash, one from Cambridge economist John Maynard Keynes, the other from Austrian economics professor Freidrich Hayek.
Nicholas Wapshott Bücher
Nicholas Wapshott ist ein Journalist, dessen Schriften sich mit politischen und historischen Erzählungen befassen. Er besitzt die Gabe, komplexe Ereignisse zugänglich zu machen und sie klar und fesselnd zu erklären. Mit seinen Werken zielt er darauf ab, die Beziehungen und Entscheidungen zu beleuchten, die die moderne Welt geprägt haben. Seine Beiträge werden für ihre Tiefe und Präzision bei der Untersuchung entscheidender Momente des 20. Jahrhunderts geschätzt.
Samuelson Friedman
- 352 Seiten
- 13 Lesestunden
"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"-- Provided by publisher
