The Financial Crisis - The Mistus Samuelson Quote

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Milton was a human being, both in sense of achievement and evity. He wasn't as good as he was 25 years before but there was a different what yho is eris y. It's not like the financial sector was unregulated; Wed left it alone and it ran a muck. I don't think that was the cause of the crisis, but i think the subsidies did encourage imprudence.

Journalist and author Nicholas Wapshott talks about his book Samuelson Friedman with EconTalk host Russ Roberts. Milton Friedman and Paul Samuelson were two of the most influential economists of the last century. They competed for professional acclaim and had very different policy visions. The conversation includes their differences over the work of Keynes, their rivalry in their columns at Newsweek, and a discussion of their intellectual and policy legacies.