i was expecting to have to deal with galbraith at some length, but actually his history's moved on. Galbraith has been washed up. Of course, he was always rather secretly despised by economists because he really wasn't an economist. And he was also a canadian, so he was sor of not quite right. But in terse of permanent influence, calbraith is gone.
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.