On Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott. The impact of Samuelson’s primer on economic thinking was nicely captured by Paul Krugman’s tribute to it in a 2011 essay, ...

In December 1974, in the midst of the first energy crisis, Friedrich Hayek received the Nobel Prize in Sweden and confessed, “we have little cause for pride: as a profession we have made a mess of ...

Over the past few months, as the orderly operations of the world economy have been superseded by panic, fear, and lockdown, as the circuit breaker has paused trading on Wall Street more than once, and ...

I've spent the last six months, off and on, trying to interview Paul Samuelson. Samuelson has a long list of accomplishments -- A John Bates Clark Medal, a Nobel Prize -- that I won't try to recap ...

The Great Inflation and Its Aftermath: The Past and Future of American Affluence, by Robert J. Samuelson (Random House, 336 pp., $26) In conventional telling, postwar American history resembles ...

In 1932, when he had not yet finished high school, a 16-year-old Paul A. Samuelson wandered into a college lecture on overpopulation and scarcity. He was instantly enthralled by the language of ...

Samuelson Friedman: The Battle Over the Free Market, by Nicholas Wapshott (W. W. Norton, 385 pp., $28.95) Macroeconomics has come a long way in the last century. We’ve learned a lot about the forces ...

Did they claim that it showed a permanent tradeoff between inflation and unemployment. James Forder says no. Is the intellectual history and self image of modern macro based entirely on the critique ...