The Martian's Daughter
The Martian's Daughter

Author: Marina Whitman

Publisher: University of Michigan Press

Published: 2012-08-31

Total Pages: 541

ISBN-13: 0472028553

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One of the five Hungarian scientific geniuses dubbed "the Martians" by their colleagues, John von Neumann is often hailed as the greatest mathematician of the twentieth century and even as the greatest scientist after Einstein. He was a key figure in the Manhattan Project; the inventor of game theory; the pioneer developer of the modern stored-program electronic computer; and an adviser to the top echelons of the American military establishment. In The Martian's Daughter, Marina von Neumann Whitman reveals intimate details about the famed scientist and explores how the cosmopolitan environment in which she was immersed, the demanding expectations of her parents, and her own struggles to emerge from the shadow of a larger-than-life parent shaped her life and work. Unfortunately, von Neumann did not live to see his daughter rise to become the first or highest-ranking woman in a variety of arenas. Whitman became a noted academic during the 1960s and '70s, casting her teaching and writing in the framework of globalization before the word had been invented; became the first woman ever to serve on the President's Council of Economic Advisers and participated actively in U.S. efforts to reshape the international monetary and financial system during the early 1970s; pioneered the role of women on the boards of leading multinational corporations; and became the highest-ranking female executive in the American auto industry in the 1980s. In her memoir, Whitman quotes from personal letters from her father and describes her interactions with such figures as Roger Smith of GM and President Nixon. She also details the difficulties she encountered as an early entrant into a world dominated by men and how she overcame the obstacles to, in her words, "have it all."

Milton Friedman & Economic Debate in the United States, 1932–1972: Volume 1
Milton Friedman & Economic Debate in the United States, 1932–1972: Volume 1

Author: Edward Nelson

Publisher: University of Chicago Press

Published: 2020-11-06

Total Pages: 758

ISBN-13: 022668380X

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First in a two-volume study of Friedman’s long career: “No previous biographer has Nelson’s deep and sophisticated understanding of monetary economics.” —Economic History This study is the first to distill Nobel Prize winner Milton Friedman’s vast body of writings into an authoritative account of his research, his policy views, and his interventions in public debate. With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, economic framework, and legacy. This two-volume account provides a foundational introduction to Friedman’s role in several major economic debates that took place in the United States between 1932 and 1972. This first volume in the two-volume account takes the story through 1960, covering the period in which Friedman began and developed his research on monetary policy. It traces Friedman’s thinking from his professional beginnings in the 1930s as a combative young microeconomist, to his wartime years on the staff of the US Treasury, and his emergence in the postwar period as a leading proponent of monetary policy. As a fellow monetary economist, Nelson writes from a unique vantage point, drawing on both his own expertise in monetary analysis and his deep familiarity with Friedman’s writings. Using extensive documentation, the book weaves together Friedman’s research contributions and his engagement in public debate, providing an unparalleled analysis of Friedman’s views on the economic developments of his day. “Magisterial . . . For anyone wanting to understand the ideas that Friedman generated over his research career, this book is, and will remain for some time, the essential guide.” —Financial World

Robbing Peter to Pay Paul
Robbing Peter to Pay Paul

Author: Samuel Evan Milner

Publisher: Yale University Press

Published: 2021-01-01

Total Pages: 342

ISBN-13: 0300257341

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Concentrated market power and the weakened sway of corporate stakeholders over management have emerged as leading concerns of American political economy. Samuel Milner provides a historical context for contemporary efforts to resolve these anxieties by examining the contest to control the distribution of corporate income during the mid-twentieth century. During this "Golden Age of American Capitalism," apprehension about the debilitating consequences of industrial concentration fueled efforts to ensure that management would share the fruits of progress with workers, consumers, and society as a whole. Focusing on wage and price determination in steel, automobiles, and electrical equipment, Milner reveals how the management of concentrated industries understood its ability to distribute income to its stakeholders as well as why economists, courts, and public policymakers struggled to curtail the exercise of that market power at its source.