{"title":"Nicholas Wapshott","description":"\u003cp\u003eNicholas Wapshott’s works delve into the intricate lives and legacies of influential thinkers and economists, offering readers a detailed exploration of their ideas and impact. His writing blends rigorous research with accessible narrative, perfect for those interested in the forces shaping modern economic thought.\u003c\/p\u003e\n\n\u003cp\u003eIdeal for readers of \u003cem\u003eEducation \u0026amp; Reference\u003c\/em\u003e, Wapshott’s books provide a thoughtful examination of complex subjects, making them valuable resources for anyone seeking a deeper understanding of intellectual history and economic philosophy.\u003c\/p\u003e","products":[{"product_id":"samuelson-friedman-by-nicholas-wapshott-9780393285185","title":"Samuelson Friedman","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003eIn 1966, two columnists joined \u003cem\u003eNewsweek\u003c\/em\u003e magazine. Their assignment was to 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.\u003c\/p\u003e\n\n\u003cp\u003eIn \u003cem\u003eSamuelson Friedman\u003c\/em\u003e, 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.\u003c\/p\u003e\n\n\u003cp\u003eSamuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionise 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 \u003cem\u003eThe Great Contraction\u003c\/em\u003e and \u003cem\u003eA Monetary History of the United States\u003c\/em\u003e. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, \u003cem\u003eCapitalism and Freedom\u003c\/em\u003e, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today.\u003c\/p\u003e\n\n\u003cp\u003eIn 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.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Unknown","offers":[{"title":"Default Title","offer_id":47461345231084,"sku":"9780393285185","price":54.99,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780393285185-samuelson-friedman.jpg?v=1774966164"}],"url":"https:\/\/bookhero.co.nz\/collections\/nicholas-wapshott.oembed","provider":"Book Hero","version":"1.0","type":"link"}