Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott

Author:Nicholas Wapshott [Wapshott, Nicholas]
Language: eng
Format: epub
Tags: Business & Economics, Economic History, Biography & Autobiography, Social Scientists & Psychologists, Jewish
ISBN: 9780393285192
Google: 9zPTDwAAQBAJ
Publisher: W. W. Norton & Company
Published: 2021-08-03T00:21:18.183524+00:00

I’ve quoted conservative economist friends who have said at Washington meetings: “If you’re contriving a teensy-weensy recession for us, please don’t bother. It won’t do the job. What’s needed is a believable declaration that Washington will countenance whatever degree of unemployment is needed to bring us back on the path to price stability, and a demonstrated willingness to stick to that resolution no matter how politically unpopular the short-run joblessness, production cutbacks and dips in profit might be.”50

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