IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-93831-3_6.html
   My bibliography  Save this book chapter

Friedman and Samuelson at Odds on Keynes

In: Great Economists and the Evolution of Economic Liberalism

Author

Listed:
  • Peter de Haan

Abstract

Part I of this chapter includes the debate between Paul Samuelson and Milton Friedman, which Keynes and Hayek had started. Friedman and Samuelson deepened and extended it. Both were initially inspired by the Keynesian Revolution. Later, Friedman distanced himself from Keynes. During the 1970s, Keynesianism was eclipsed by neoclassical economics, in which Friedman played a prominent part. Like Hayek, he influenced economic policymaking in America, Great Britain, and other countries, such as Chile, which became known as neoliberalism. Part II —describes why Samuelson remained, in philosophical terms, a liberal, while Friedman gradually flirted with libertarianism, without becoming one. Robert Nozick’s philosophy of libertarianism is summarized at the end of the chapter.

Suggested Citation

  • Peter de Haan, 2025. "Friedman and Samuelson at Odds on Keynes," Springer Books, in: Great Economists and the Evolution of Economic Liberalism, chapter 0, pages 163-191, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-93831-3_6
    DOI: 10.1007/978-3-031-93831-3_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-93831-3_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.