The Legacy of Keynes and Friedman

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Author :
Publisher : Praeger
ISBN 13 : 0275947319
Total Pages : 0 pages
Book Rating : 4.2/5 (759 download)

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Book Synopsis The Legacy of Keynes and Friedman by : William Frazer

Download or read book The Legacy of Keynes and Friedman written by William Frazer and published by Praeger. This book was released on 1994-07-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keynes and Friedman, two monetary revolutionaries of this century, are shown reacting against orthodoxy in different ways.

Samuelson Friedman: The Battle Over the Free Market

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Publisher : W. W. Norton & Company
ISBN 13 : 0393285197
Total Pages : 317 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Samuelson Friedman: The Battle Over the Free Market by : Nicholas Wapshott

Download or read book Samuelson Friedman: The Battle Over the Free Market written by Nicholas Wapshott and published by W. W. Norton & Company. This book was released on 2021-08-03 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Best Economics Book of 2021 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, 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 best-selling economics textbook of all time, famously remarking "I don’t care who writes a nation’s laws—or crafts its advanced treatises—if 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 Wapshott’s nimble hands, Samuelson and Friedman’s decades-long argument over how—or whether—to 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.

Money in a Free Society

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Publisher : Encounter Books
ISBN 13 : 159403544X
Total Pages : 522 pages
Book Rating : 4.5/5 (94 download)

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Book Synopsis Money in a Free Society by : Tim Congdon

Download or read book Money in a Free Society written by Tim Congdon and published by Encounter Books. This book was released on 2011-11-01 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called “Great Moderation”), with steady growth and low inflation. But the period since mid-2007 (“the Great Recession”) has seen the worst macroeconomic turmoil since the 1930s. A dramatic plunge in trade, output and employment in late 2008 and 2009 has been followed by an unconvincing recovery. How is the lurch from stability to instability to be explained? What are the intellectual origins of the policy mistakes that led to the Great Recession? What theories motivated policies in the USA and other leading nations? Which ideas about economic policy have proved right? And which have been wrong? Money in a Free Society contains 18 provocative essays on these questions from Tim Congdon, an influential economic adviser to the Thatcher government in the UK and one of the world’s leading monetary commentators. Congdon argues that academic economists and policy-makers have betrayed the intellectual legacy of both Keynes and Friedman. These two great economists believed – if in somewhat different ways – in the need for steady growth in the quantity of money. But Keynes has been misunderstood as advocating big rises in public spending and large budget deficits as the only way to defeat recession. That has led under President Obama to an unsustainable explosion in American public debt. Meanwhile the Fed has ignored extreme volatility in the rate of money growth, contrary to the central message of Friedman’s analytical work. In his 1923 Tract on Monetary Reform Keynes said, “The Individualistic Capitalism of today, precisely because it entrusts saving to the individual investor and production to the individual employer, presumes a stable measuring-rod of value, and cannot be efficient--perhaps cannot survive--without one.” In Money in a Free Society Congdon calls for a return to stable money growth and sound public finances, and argues that these remain the best answers to the problems facing modern capitalism.

Milton Friedman

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Publisher : Oxford University Press
ISBN 13 : 0191009423
Total Pages : 832 pages
Book Rating : 4.1/5 (91 download)

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Book Synopsis Milton Friedman by : Robert A. Cord

Download or read book Milton Friedman written by Robert A. Cord and published by Oxford University Press. This book was released on 2016-05-20 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman is widely regarded as one of the most influential economists of the twentieth century. Although he made many important contributions to both economic theory and policy - most clearly demonstrated by his development of and support for monetarism - he was also active in various spheres of public policy, where he more often than not pursued his championing of the free market and liberty. This volume assesses the importance of the full range of Friedman's ideas, from his work on methodology in economics, his highly innovative consumption theory, and his extensive research on monetary economics, to his views on contentious social and political issues such as education, conscription, and drugs. It also presents personal recollections of Friedman by some of those who knew him, both as students and colleagues, and offers new evidence on Friedman's interactions with other noted economists, including George Stigler and Lionel Robbins. The volume provides readers with an up to date account of Friedman's work and continuing influence and will help to inform and stimulate further research across a variety of areas, including macroeconomics, the history of economic thought, as well as the development and different uses of public policy. With contributions from a stellar cast, this book will be invaluable to academics and students alike.

Milton Friedman: Nobel Monetary Economist

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Publisher : Oxford and IBH Publishing
ISBN 13 : 9788120417373
Total Pages : 304 pages
Book Rating : 4.4/5 (173 download)

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Book Synopsis Milton Friedman: Nobel Monetary Economist by : Puttaswamaiah

Download or read book Milton Friedman: Nobel Monetary Economist written by Puttaswamaiah and published by Oxford and IBH Publishing. This book was released on 2009 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Milton Friedman was a distinguished monetary economist who received the Nobel Prize in Economics in the year 1976. He was awarded for his achievements in the field of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy. The book consists of 13 chapters written by distinguished economists depicting his life and contributions both in appreciation and criticism. . . . The editor has done us a great service by assembling thirteen contributors who have written papers in his honour. The authors include a former sparring-partner and fellow Nobel Prize winner and his literary executor. The topics range over the terrain that Friedman contested: positive economics, monetary policy, Keynesianism and discretionary stabilization policy, and the legacy of Chicago economics. - John Lodewijks, Professor & Head, University of Western Sydney

The Legacy of Keynes

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Author :
Publisher : HarperCollins Publishers
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Legacy of Keynes by : David Alan Reese

Download or read book The Legacy of Keynes written by David Alan Reese and published by HarperCollins Publishers. This book was released on 1987 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Maverick

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 356 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Economic Maverick by : Fouad Sabry

Download or read book Economic Maverick written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-04-20 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who is Economic Maverick Milton Friedman was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism until the mid-1970s, when it turned to new classical macroeconomics heavily based on the concept of rational expectations. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr. How you will benefit (I) Insights about the following: Chapter 1: Milton Friedman Chapter 2: Austrian school of economics Chapter 3: Friedrich Hayek Chapter 4: Monetarism Chapter 5: Chicago Boys Chapter 6: Neoliberalism Chapter 7: Chicago school of economics Chapter 8: Causes of the Great Depression Chapter 9: Quantity theory of money Chapter 10: Austrian business cycle theory Chapter 11: James Laurence Laughlin Chapter 12: Capitalism and Freedom Chapter 13: Henry Calvert Simons Chapter 14: Milton Friedman bibliography Chapter 15: A Monetary History of the United States Chapter 16: Treasury view Chapter 17: Post-war displacement of Keynesianism Chapter 18: Perspectives on capitalism by school of thought Chapter 19: Market monetarism Chapter 20: David I. Meiselman Chapter 21: Masters of the Universe (book) Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information about Economic Maverick.

Keynes, Chicago and Friedman, Volume 1

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Publisher : Taylor & Francis
ISBN 13 : 1040250599
Total Pages : 393 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis Keynes, Chicago and Friedman, Volume 1 by : Robert Leeson

Download or read book Keynes, Chicago and Friedman, Volume 1 written by Robert Leeson and published by Taylor & Francis. This book was released on 2024-10-28 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: These two volumes present essays on the subdiscipline of Chicago Monetarism in economics. Some of the issues under dispute can be regarded as resolved, while others are still being debated. The contibutors include Friedman, Patinkin, Harry Johnson and James Tobin.

John Maynard Keynes

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Publisher : Springer
ISBN 13 : 134920952X
Total Pages : 108 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis John Maynard Keynes by : Mark Blaug

Download or read book John Maynard Keynes written by Mark Blaug and published by Springer. This book was released on 1990-08-28 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introduction to Keynesian economics and a study of the influence of Keynes' ideas on economic theory and economic policy through conversations with eight leading economists, including several Nobel prizewinners. It has been fifty years since Keynes published his controversial book, The General Theory of Employment (1936) and yet he remains a controversial figure to this day, attacked and criticised from both left and right, as this book amply demonstrates.

The Legacy of Milton Friedman

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Publisher :
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4.:/5 (732 download)

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Book Synopsis The Legacy of Milton Friedman by : Manhattan Institute for Policy Research

Download or read book The Legacy of Milton Friedman written by Manhattan Institute for Policy Research and published by . This book was released on 2007 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Analysis of Milton Friedman's Capitalism and Freedom

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Author :
Publisher : CRC Press
ISBN 13 : 1351350269
Total Pages : 95 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis An Analysis of Milton Friedman's Capitalism and Freedom by : Sulaiman Hakemy

Download or read book An Analysis of Milton Friedman's Capitalism and Freedom written by Sulaiman Hakemy and published by CRC Press. This book was released on 2017-07-05 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman was arguably the single most influential economist of the 20th-century. His influence, particularly on conservative politics in America and Great Britain, substantially helped – as both supporters and critics agree – to shape the global economy as it is today. Capitalism and Freedom (1962) is a passionate but carefully reasoned summary of Friedman’s philosophy of political and economic freedom, and it has become perhaps his most directly influential work. Friedman’s argument focuses on the place of economic liberalism in society: in his view, free markets and personal economic freedom are absolutely necessary for true political freedom to exist. Freedom, for Friedman, is the ultimate good in a society – the marker and aim of true civilisation. And, crucially, he argues, real freedom is rarely aided by government. For Friedman, indeed, “the great advances of civilization, whether in architecture or painting, in science or literature, in industry or agriculture, have never come from centralized government”. Instead, he argues, they have always been produced by “minority views” flourishing in a social climate permitting variety and diversity.” In successive chapters, Friedman develops a well-structured line of reasoning emerging from this stance – leading him to some surprising conclusions that remain persuasive and influential more than 60 years on.

Keynes and Friedman on Laissez-Faire and Planning

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Publisher : Routledge
ISBN 13 : 1135022119
Total Pages : 209 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Keynes and Friedman on Laissez-Faire and Planning by : Sylvie Rivot

Download or read book Keynes and Friedman on Laissez-Faire and Planning written by Sylvie Rivot and published by Routledge. This book was released on 2013-08-21 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 crisis has revived debates on the relevance of laissez-faire, and thus on the role of the State in a modern economy. This volume offers a new exploration of the writings of Keynes and Friedman on this topic, highlighting not only the clear points of opposition between them, but also the places in which their concerns where shared. This volume argues that the parallel currently made with the 1929 financial crisis and the way the latter turned into the Great Depression sheds new light on the proper economic policy to be conducted in both the short- and the long-run in a monetary economy. In light of the recent revival in appreciation for Keynes’ ideas, Rivot investigates what both Keynes and Friedman had to say on key issues, including their respective interpretations of both the 1929 crisis and the Great Depression, their advocacy of the proper employment policy, and the theoretical underpinnings of the latter. The book asks which lessons should be learnt from the Thirties? And what is the relevance of Keynes’ and Friedman’s respective pleas for today?

Keynes Scholar

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Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 251 pages
Book Rating : 4.:/5 (661 download)

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Book Synopsis Keynes Scholar by : Fouad Sabry

Download or read book Keynes Scholar written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-04-20 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who is Keynes Scholar Robert Jacob Alexander, Baron Skidelsky, is a British economic historian. He is the author of a three-volume award-winning biography of British economist John Maynard Keynes (1883-1946). Skidelsky read history at Jesus College, Oxford, and is Emeritus Professor of Political Economy at the University of Warwick, England. How you will benefit (I) Insights about the following: Chapter 1: Robert Skidelsky Chapter 2: John Maynard Keynes Chapter 3: Alfred Marshall Chapter 4: Post-Keynesian economics Chapter 5: Oswald Mosley Chapter 6: Montagu Norman, 1st Baron Norman Chapter 7: Lionel Robbins Chapter 8: Social Market Foundation Chapter 9: J. Bradford DeLong Chapter 10: Eric Roll, Baron Roll of Ipsden Chapter 11: Colin Clark (economist) Chapter 12: Roy Harrod Chapter 13: John Strachey (politician) Chapter 14: Social Democratic Party (UK, 1988-1990) Chapter 15: Richard Hopkins (civil servant) Chapter 16: 2008-2009 Keynesian resurgence Chapter 17: Keynesian Revolution Chapter 18: Heavenly Twins (Sumner and Cunliffe) Chapter 19: Post-war displacement of Keynesianism Chapter 20: Keynes: The Return of the Master Chapter 21: Robert Wade (scholar) Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information about Keynes Scholar.

Money, Financial Institutions and Macroeconomics

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Publisher : Springer
ISBN 13 :
Total Pages : 378 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Money, Financial Institutions and Macroeconomics by : Avi J. Cohen

Download or read book Money, Financial Institutions and Macroeconomics written by Avi J. Cohen and published by Springer. This book was released on 1997-05-31 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: These 18 papers from the April 1995 conference at York U., Toronto present comparative and international perspectives on recent research in monetary theory and its application to practical policy issues. Although the contributors tend to emphasize the importance of credit creation in the monetary process, some of the authors offer more mainstream approaches. Topics include the roles of interest rate determination and the endogeneity of money in the credit economy, and monetary policy in North America and Europe. Annotation copyrighted by Book News, Inc., Portland, OR

The Price of Peace

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Publisher : Random House Trade Paperbacks
ISBN 13 : 0525509054
Total Pages : 666 pages
Book Rating : 4.5/5 (255 download)

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Book Synopsis The Price of Peace by : Zachary D. Carter

Download or read book The Price of Peace written by Zachary D. Carter and published by Random House Trade Paperbacks. This book was released on 2021-04-20 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • An “outstanding new intellectual biography of John Maynard Keynes [that moves] swiftly along currents of lucidity and wit” (The New York Times), illuminating the world of the influential economist and his transformative ideas “A timely, lucid and compelling portrait of a man whose enduring relevance is always heightened when crisis strikes.”—The Wall Street Journal WINNER: The Arthur Ross Book Award Gold Medal • The Hillman Prize for Book Journalism FINALIST: The National Book Critics Circle Award • The Sabew Best in Business Book Award NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY PUBLISHERS WEEKLY AND ONE OF THE BEST BOOKS OF THE YEAR BY Jennifer Szalai, The New York Times • The Economist • Bloomberg • Mother Jones At the dawn of World War I, a young academic named John Maynard Keynes hastily folded his long legs into the sidecar of his brother-in-law’s motorcycle for an odd, frantic journey that would change the course of history. Swept away from his placid home at Cambridge University by the currents of the conflict, Keynes found himself thrust into the halls of European treasuries to arrange emergency loans and packed off to America to negotiate the terms of economic combat. The terror and anxiety unleashed by the war would transform him from a comfortable obscurity into the most influential and controversial intellectual of his day—a man whose ideas still retain the power to shock in our own time. Keynes was not only an economist but the preeminent anti-authoritarian thinker of the twentieth century, one who devoted his life to the belief that art and ideas could conquer war and deprivation. As a moral philosopher, political theorist, and statesman, Keynes led an extraordinary life that took him from intimate turn-of-the-century parties in London’s riotous Bloomsbury art scene to the fevered negotiations in Paris that shaped the Treaty of Versailles, from stock market crashes on two continents to diplomatic breakthroughs in the mountains of New Hampshire to wartime ballet openings at London’s extravagant Covent Garden. Along the way, Keynes reinvented Enlightenment liberalism to meet the harrowing crises of the twentieth century. In the United States, his ideas became the foundation of a burgeoning economics profession, but they also became a flash point in the broader political struggle of the Cold War, as Keynesian acolytes faced off against conservatives in an intellectual battle for the future of the country—and the world. Though many Keynesian ideas survived the struggle, much of the project to which he devoted his life was lost. In this riveting biography, veteran journalist Zachary D. Carter unearths the lost legacy of one of history’s most fascinating minds. The Price of Peace revives a forgotten set of ideas about democracy, money, and the good life with transformative implications for today’s debates over inequality and the power politics that shape the global order. LONGLISTED FOR THE CUNDILL HISTORY PRIZE

The Legacy of Keynes and Friedman

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Author :
Publisher : Praeger
ISBN 13 : 9780275947316
Total Pages : 318 pages
Book Rating : 4.9/5 (473 download)

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Book Synopsis The Legacy of Keynes and Friedman by : William Frazer

Download or read book The Legacy of Keynes and Friedman written by William Frazer and published by Praeger. This book was released on 1994-07-21 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work deals with the economic systems of the two monetary revolutionaries of this century. They reacted against orthodoxy in different ways, with Friedman redirecting and reinforcing Keynes' major contributions. Friedman used the system of testing one hypothesis against another rather than using a naive model. He provided analytical, political, and ideological positions that yield an all-encompassing analytical system.

Milton Friedman

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Publisher : Macmillan + ORM
ISBN 13 : 0230603459
Total Pages : 306 pages
Book Rating : 4.2/5 (36 download)

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Book Synopsis Milton Friedman by : Lanny Ebenstein

Download or read book Milton Friedman written by Lanny Ebenstein and published by Macmillan + ORM. This book was released on 2007-01-23 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first biography of one of the twentieth century's greatest economic thinkers, Milton Friedman. Born the son of immigrant parents, Milton Friedman went on to become a major figure during the resurgence of American conservatism. As an advisor to the Reagan administration and a widely read columnist, he played a vital role in shaping government policy and public opinion while he made headlines for his controversial views. Drawing on author Lanny Ebenstein's unprecedented access to personal archives and to Friedman himself, this is the first book to trace his life and development as an economic theorist. With a combination of intimate personal detail and fascinating exploration of economic theory, Milton Friedman: A Biography provides a revealing look at the man regarded by many as a hero of libertarianism and laissez-faire economics.