'Larry White provides a fascinating look at the debate among economists about the 'big ideas' of the twentieth century - a great read for all students of economics!' Douglas Irwin, Dartmouth College
'The Clash of Economic Ideas is one of those rare books that makes the history of economic thought an intellectual adventure while remaining highly relevant to the issues and controversies of the present day. I have already used parts of the book in manuscript form and found it to be an excellent teaching tool. It captures the student's imagination and opens new vistas for exploration.' Mario J. Rizzo, New York University
'This clear, crisp, and comprehensive account of the clash over the role of government in the economy during the last century is most welcome. By spinning his tale around the many richly colorful characters that drive the argument, Lawrence H. White has made the pivotal clash of economic views that continues to shape the political debate to this day both accessible and engaging.' Nicholas Wapshott, author of Keynes Hayek: The Clash that Defined Modern Economics
The Clash of Economic Ideas explains what economists have been disagreeing about for the last hundred years. It covers disputes over the free market, socialism, fascism, the Great Depression, the New Deal, war, nationalization, central planning, economic growth, money and finance, inflation, regulation, free trade, government spending, budget deficits, and public debt. It puts the debates in historical context, and discusses how economic ideas have influenced swings in economic policy. It traces the ideas of modern economists back to their immediate and sometimes distant forerunners to understand the origins of today's debates.