3/4: Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott - a podcast by John Batchelor

Photo: No known restrictions on publication.

@Batchelorshow



3/4: Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott 

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, the 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.