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 ...
In the nineteen-forties, when the Massachusetts Institute of Technology was considering adopting a new economics textbook, the school’s president received warnings about the book’s author: “It is ...
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 ...
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