Lawrence White on The Clash of Economic Ideas
Yesterday (Wed., April 25th, 2012), the F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics at the Mercatus Center hosted a public event highlighting Lawrence H. White's The Clash of Economic Ideas. Providing formal comments on the book were Doug Irwin of Dartmouth, and Perry Mehrling of Barnard College and INET.
I am a huge fan of this book of White's --- in fact, I am using it for both of my classes in the Fall 2012 -- HNRS 131-Contemporary Society in Multiple Perspectives and Econ 821 -- Modern History of Economic Thought --- and I recommend that you consider using the book as well in your classes. White provides a tour through the policy debates of the 20th century that influenced the evolution of economic thought, and he does so in an entertaining way. White, who is arguably one of the most innovative minds in monetary economics of his generation, does not restrict his discussion to the major money and macroeconomic debates, but addresses the "grand debate" over socialist calculation, trade policy, economic development, and public finance. And, yes, he does have a detailed discussion about the Hayek v Keynes debate, as well as the formation of international monetary institutions and monetary policy post-WWII.
This book is on the must read book for any serious student of economics. And now is a great time to purchase the books you are going to read this summer!