Paul A. Samuelson

Inside the Economist's Mind

Paul A. Samuelson

By focusing on the human side as well as the intellectual dimensions of how economists work and think, this collection of interviews with top economists of the 20th century becomes a startling and lively introduction to the modern world of macroeconomics. A fun read! For more information, frequent updates, and to comment on the forthcoming book, visit William A. Barnett's weblog at http://economistmind.blogspot.com/. Acclaim for Inside the Economist's Mind «In candid interviews, these great economists prove to be fabulous story tellers of their lives and times. Unendingly gripping for insiders, this book should also help non-specialists understand how economists think.» Professor Julio Rotemberg, Harvard University Business School, and Editor, Review of Economics and Statistics. «Economics used to be called the 'dismal science'. It will be impossible for anybody to hold that view anymore … This is science with flesh and blood, and a lot of fascinating stories that you will find nowhere else.» Dr. Jean-Pascal Bénassy, Paris-Jourdan Sciences Économiques, Paris, France «This book provides a rare and intriguing view of the personal and professional lives of leading economists … It is like A Beautiful Mind, scaled by a factor of 16 [the number of interviews in the book].» Professor Lee Ohanian, University of California at Los Angeles « … if you want an insider view of how economics has been developing in the last decades, this is the (only) book for you.» Professor Giancarlo Gandolfo, University of Rome ‘La Sapienza,’ Rome «Here we see the HUMAN side of path-breaking research, the personalities and pitfalls, the DRAMA behind the science.» Professor Francis X. Diebold, University of Pennsylvania, Philadelphia

The Price of Prosperity. A Realistic Appraisal of the Future of Our National Economy (Peter L. Bernstein's Finance Classics)

Paul A. Samuelson

One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity?which have forewords by financial luminaries and new introductions by the author?you can enjoy some of the best of Bernstein in his earlier Wall Street days. First published in 1962, The Price of Prosperity speaks to today's uncertainties as clearly as to those of the past. With chapters like «The Burden of Government» and «The Economics of Democracy,» Bernstein probes the future of an economy during rapidly changing times and the appropriate role of government in determining the ultimate outcome. The questions have not changed over time, but Bernstein's answers help us understand these issues from today's perspective. How much government control is too much control? How much can government spend? How can government influence the level of unemployment? As Bernstein shows how to navigate an ever-changing economic landscape, his timeless insights throughout these pages make The Price of Prosperity as vital and important today as when it appeared in an environment fundamentally different from our own.