Economists in the Cold War How a Handful of Economists Fought the Battle of Ideas
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Economists in the Cold War How a Handful of Economists Fought the Battle of Ideas
- ISBN 13:
9780192887399
- ISBN 10:
0192887394
- Format: Hardcover
- Copyright: 09/30/2023
- Publisher: Oxford University Press
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Summary
The book recounts how economic theory advanced, how new economic tools were developed, and how policies were tested. Each chapter is based on the involvement of one of the selected economists. It was a challenging but dangerous time in economics: a time of economic recovery post-war, with industrial rebuilding, economic growth, and rising incomes. But it was also a time of ideological warfare, nuclear rivalry, military expansion, and personal conflict.
The narrative is approximately chronological, ranging from the Potsdam Conference in Germany to the Pinochet Coup in Chile. The selected economists include an American, a Pole, a Hungarian, a German, a British, a Japanese, and an Argentinian, all very different economists, but with interconnections among them. Each chapter also features a dissenting economist who held a contrasting view, and recounts the subsequent economic arguments that played out.