
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
Product Description This pathbreaking collection brings together a selection of work by Nobel Prize winning authors from the archives of the Institute of Economic Affairs. The laureates whose work is featured made an important contribution to economists' understanding of a market economy. Nevertheless, it is unlikely that the editors, the publishers or the authors of these outstanding articles would have predicted quite how widespread and important their influence would be. The editors have chosen works to demonstrate the challenge raised by these authors to the socialist consensus of the time amongst both academics and politicians. The volumes are organised by theme, examining issues such as monetary policy, unemployment, and government regulation, as well as considering the power of language and ideas. Review 'This symposium brings together contributions of many of those who wrote for the IEA over the years and had their courage rewarded by gaining the Nobel Prize in economics... The writings of authors such as Hayek and Friedman are as relevant today, both to academics and politicians, as they were thirty years ago. The collection of essays brought together in The Road to Economic Freedom will therefore be welcomed as much by students of history as by all interested in understanding the contemporary political debate.' -- From the foreword by The Rt. Hon. The Baroness Thatcher About the Author Edited by Philip Booth, Institute of Economic Affairs, London, UK and John Meadowcroft, Lecturer in Public Policy, King’s College London, UK
This collection investigates the enduring challenge posed by free-market economic thought to prevailing socialist and interventionist consensus, particularly during the mid-to-late 20th century. Featuring works from Nobel laureates associated with the Institute of Economic Affairs, the book examines key economic issues including monetary policy, unemployment, and government regulation, while also exploring the influence of ideas and language in shaping economic discourse. The authors' contributions are presented to highlight their significant, and perhaps underestimated, impact on contemporary economic understanding and policy debates.
This collection is presented as a significant contribution to understanding the historical development of free-market economic thought and its challenge to socialist ideologies. The inclusion of Nobel laureates and the endorsement from Baroness Thatcher in the foreword suggest a reception within conservative and free-market circles, highlighting the continued relevance of these ideas. The essays are framed as essential reading for students of history and those seeking to comprehend contemporary political and economic debates.
Page Count:
960
Publication Date:
2006-09-27
Publisher:
Edward Elgar Publishing
ISBN-10:
1845420829
ISBN-13:
9781845420826
No comments yet. Be the first to share your thoughts!