The Clash of Economic Ideas by Lawrence H White

The Clash of Economic Ideas by Lawrence H White

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Summary

The Clash of Economic Ideas covers disputes over the free market, socialism, fascism, the Great Depression, the New Deal, war, nationalization and more. It puts the debates in historical context and discusses how economic ideas have influenced swings in economic policy.

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The Clash of Economic Ideas by Lawrence H White

The Clash of Economic Ideas interweaves the economic history of the last hundred years with the history of economic doctrines to understand how contrasting economic ideas have originated and developed over time to take their present forms. It traces the connections running from historical events to debates among economists, and from the ideas of academic writers to major experiments in economic policy. The treatment offers fresh perspectives on laissez faire, socialism and fascism; the Roaring Twenties, business cycle theories and the Great Depression; Institutionalism and the New Deal; the Keynesian Revolution; and war, nationalization and central planning. After 1945, the work explores the postwar revival of invisible-hand ideas; economic development and growth, with special attention to contrasting policies and thought in Germany and India; the gold standard, the interwar gold-exchange standard, the postwar Bretton Woods system and the Great Inflation; public goods and public choice; free trade versus protectionism; and finally fiscal policy and public debt.
'Larry White provides a fascinating look at the debate among economists about the 'big ideas' of the twentieth century - a great read for all students of economics!' Douglas Irwin, Dartmouth College
'The Clash of Economic Ideas is one of those rare books that makes the history of economic thought an intellectual adventure while remaining highly relevant to the issues and controversies of the present dayI have already used parts of the book in manuscript form and found it to be an excellent teaching tool. It captures the student's imagination and opens new vistas for exploration.' Mario J. Rizzo, New York University
'This clear, crisp, and comprehensive account of the clash over the role of government in the economy during the last century is most welcome. By spinning his tale around the many richly colorful characters that drive the argument, Lawrence H. White has made the pivotal clash of economic views that continues to shape the political debate to this day both accessible and engaging.' Nicholas Wapshott, author of Keynes Hayek: The Clash that Defined Modern Economics
'For all of White's evident Austrian commitment, he steadily tenders to his adversaries a Hayekian courtesy. He is widely read, and the book's references constitute a stimulating reading list. And he writes well: each chapter opens with an engaging incident that beckons the reader to read on.' Economic Record
Lawrence H. White is Professor of Economics at George Mason University, Fairfax, Virginia. He previously taught at New York University, the University of Georgia and the University of Missouri, St Louis. Best known for his work on monetary thought and alternative monetary institutions, his books include Free Banking in Britain, 2nd edition (2009), The Theory of Monetary Institutions (1999) and Competition and Currency (1992) and he has edited six other volumes primarily in finance and financial history. His writing has appeared in The Wall Street Journal and in leading economics journals such as the American Economic Review and the Journal of Economic Literature. Professor White is featured in three online videos discussing the business cycle theory of F. A. Hayek, produced by econstories.tv in connection with their popular Keynes vs. Hayek rap video 'Fear the Boom and Bust'. He is co-editor of the online journal Econ Journal Watch and hosts the bimonthly Econ Journal Watch Audio podcasts. Professor White received the 2008 Distinguished Scholar Award of the Association for Private Enterprise Education. He holds a Ph.D. in economics from the University of California, Los Angeles.
SKU Unavailable
ISBN 13 9781107621336
ISBN 10 110762133X
Title The Clash of Economic Ideas
Author Lawrence H White
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 2012-04-09
Number of pages 440
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.