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Books > History > History of specific subjects > Economic history
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The Clash of Economic Ideas - The Great Policy Debates and Experiments of the Last Hundred Years (Hardcover, New)
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The Clash of Economic Ideas - The Great Policy Debates and Experiments of the Last Hundred Years (Hardcover, New)
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The Clash of Economic Ideas interweaves the economic history of the
last hundred years with the history of economic doctrines to
understand how contrasting economic ideas have originated and
developed over time to take their present forms. It traces the
connections running from historical events to debates among
economists, and from the ideas of academic writers to major
experiments in economic policy. The treatment offers fresh
perspectives on laissez faire, socialism, and fascism; the Roaring
Twenties, business cycle theories, and the Great Depression;
Institutionalism and the New Deal; the Keynesian Revolution; and
war, nationalization, and central planning. After 1945, the work
explores the postwar revival of invisible-hand ideas; economic
development and growth, with special attention to contrasting
policies and thought in Germany and India; the gold standard, the
interwar gold-exchange standard, the postwar Bretton Woods system,
and the Great Inflation; public goods and public choice; free trade
versus protectionism; and finally fiscal policy and public debt.
The investigation analyzes the theories of Adam Smith and earlier
writers on economics when those antecedents are useful for readers.
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