Episode · EconTalk · 2021-08-16
Books mentioned on Nicholas Wapshott on Samuelson and Friedman
Journalist and author Nicholas Wapshott talks about his book Samuelson Friedman with EconTalk host Russ Roberts. Milton Friedman and Paul Samuelson were two of the most influential economists of the last century.
Nicholas Wapshott discussed Economics by Paul A. Samuelson and others. Russ Roberts discussed Foundations of Economic Analysis by Paul Anthony Samuelson and Capitalism and freedom by Milton Friedman.
Books mentioned, in the order they came up
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Economics
Economics by Paul A.
Discussed“no doubt from his writing of the key text book which all of a sudden graduates read simply called economics by paul samuelson one of the best-selling textbooks of all time”
Where to get it
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Foundations of Economic Analysis
Foundations of Economic Analysis by Paul Anthony Samuelson is a seminal 1948 economics text that profoundly shaped the discipline by applying advanced mathematics to human behavior and economic theory in unprecedented ways.
Discussed“but his 1948 book foundations of economic analysis is really a uh the crossroads of the profession where it turned toward the application mathematics to human behavior in a way that hadn't been done in that way before”
Where to get it
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Capitalism and freedom
Capitalism and Freedom by Milton Friedman is a foundational economic text arguing for the preeminence of competitive capitalism and limited government intervention as prerequisites for individual liberty.
Discussed“uh because the exchange rates were floating which was an idea put forward in capitalism and freedom”
Where to get it
Other mentions in this episode (3) — ad reads, self-promotion and passing references, never counted
“his latest book is samuelson friedman the battle over the free market”
“he was last here in october of 2011 discussing his book keynes hayek”
“today we see how utterly mistaken was the milton friedman notion that a market system can regulate itself”