Public Choice

, Volume 156, Issue 3–4, pp 757–759 | Cite as

Lawrence H. White: The clash of economic ideas: the great policy debates and experiments of the last hundred years

New York, NY: Cambridge University Press, 2012. x + 428 pages. USD 45.00 (paper)
  • Randall G. Holcombe
Book Review

Lawrence White (p. 8) says, “Economic policy ideas clash when their advocates have different views about the role government should play in the economy.” His book does a superb job of discussing a comprehensive list of policy areas in which economic ideas have clashed in the twentieth century for just this reason. White discusses central economic planning and socialism, macroeconomic stabilization and Keynesian economics, Bretton Woods and the role of governments in the international monetary system, inflation and monetary policy, and free trade versus protectionism. The book has 15 chapters, each dealing with a specific policy area. The clash of economic ideas, as White depicts it, is the debate between those who advocate more government control over the economy versus those who advocate less. White skillfully weaves the ideas of economists with historical events to make this book an enjoyable mix of economic history and the history of economic ideas. If your interests lean that way,...

Copyright information

© Springer Science+Business Media New York 2013

Authors and Affiliations

  1. 1.Department of EconomicsFlorida State UniversityTallahasseeUSA

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