One of the most influential economists of the twentieth century, American economist Milton Friedman received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. His work is so significant that it is now required reading for any student of economicContinue reading “Milton Friedman: Nobel Prize-Winning Economist and Scholar.”
Tag Archives: John Maynard Keynes
F. A. Hayek – Father of Neoliberalism
Road to Serfdom was first published in Britain by Routledge in March 1944, during World War II, and due to the book’s popularity during this time of paper rationing, Hayek jokingly called it “that unobtainable book” (Ebenstein, 2003). Consequently, the first British copy, as here pictured, is quite rare. The title for Road to SerfdomContinue reading “F. A. Hayek – Father of Neoliberalism”
Rational Exuberance – Collecting Economics Books
One would be hard pressed to find someone who has not been affected by the recent economic downturn. History tells us that everything is indeed cyclical. The world has seen this whether it is the crash of 1929 or 1988. At the impetus of Arthur Schlesinger the great economist John Kenneth Galbraith published The GreatContinue reading “Rational Exuberance – Collecting Economics Books”