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Second in a two-volume study of the Nobel Prize winner’s long career: “Nelson knows more about Milton Friedman’s economics than anyone else alive.” —Business Economics This study is the first to distill Nobel Prize winner Milton Friedman’s vast body of writings into an authoritative account of his research, his policy views, and his interventions in public debate. With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, economic framework, and legacy. This two-volume account provides a foundational introduction to Friedman’s role in several major economic debates that took place in the United States between 1932 and 1972. This second volume covers the years between 1960 and 1972—years that saw the publication of Friedman and Anna Schwartz’s Monetary History of the United States. The book also covers Friedman’s involvement in a number of debates in the 1960s and 1970s, on topics such as unemployment, inflation, consumer protection, and the environment. As a fellow monetary economist, Nelson writes from a unique vantage point, drawing on both his own expertise in monetary analysis and his deep familiarity with Friedman’s writings. Using extensive documentation, the book weaves together Friedman’s research contributions and his engagement in public debate, providing an unparalleled analysis of Friedman’s views on the economic developments of his day. “No previous biographer has Nelson’s deep and sophisticated understanding of monetary economics.” —Economic History
This book is a historical reinterpretation of the Cold War in the broadest sense from the viewpoint of the late 1980s. Dukes contends that the rivalry of the USA and Soviet Union, like the Great Game between Britain and Imperial Russia, can be understood only by analysing their relationship over centuries. He adopts the explanatory model of French historian Fernand Braudel - the concepts of event, conjuncture and structure – and examines the super-power relationship in an historical context stretching back to the medieval period. He argues that the political and cultural gaps between Western and Soviet approaches at key events have stemmed from widely different experiences of these events, as well as from long-embedded traditions.
The Superpowers traces the development of the USA and Russia (later USSR) from 1898 through to 2000, placing the Cold War, from inception to ending, into the wider social, economic and political context. This is the first history of the two major participants and their relationship throughout the twentieth century. The Superpowers: explores the intertwining history of the two powers chronologically and includes discussion of: * the inheritance of the two great powers and their imperial background * World War One and the Russian Revolution * Capitalism and Socialism * World War Two and its impact * the conflicts in Berlin, Czechoslovakia, Vietnam and Afghanistan * Perestroika and the end of the USSR * the significance of the events of 1991 and their legacy.