Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Samuelson Friedman : The Battle Over the Free Market, Hardback Book

Samuelson Friedman : The Battle Over the Free Market Hardback



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 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.




Free Home Delivery

on all orders

Pick up orders

from local bookshops


Also by Nicholas Wapshott