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Keynesianism in One Country

Lester Thurow, 1 September 1983

Macroeconomics 
by Wynne Godley and Francis Cripps.
Oxford, 315 pp., £9.95, May 1983, 0 19 215358 7
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... Godley and Cripps devote their first seven seven pages to acknowledging the storms that are raging around the subject of macroeconomics. Deteriorating economic performances, and monetarists, ‘converted’ governments ‘to the idea that it was impossible for them to control output and unemployment. All they could do, the new story went, was create conditions (including the elimination of inflation) in which enterprise could flourish ...

Putting down

Emma Rothschild, 4 June 1981

The Zero-Sum Society 
by Lester Thurow.
Harper and Row, 230 pp., £7.95, February 1981, 0 465 09384 1
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... and his law of what is now known as the ‘supply side’. In this murk of ghosts and orthodoxy, Lester Thurow is a dignified exception. He is resolutely concerned with the menaces of unemployment, inflation, poverty and inequality. His new book even helps us to understand the Republican economic policies of 1981. ...

Achieving Disunity

Corey Robin, 25 October 2012

Age of Fracture 
by Daniel Rodgers.
Harvard, 360 pp., £14.95, September 2012, 978 0 674 06436 2
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... to politicians, intellectuals and journalists of the left: men like Robert Reich, James Fallows, Lester Thurow, Gary Hart and Bill Bradley, all of whom saw themselves in opposition to an older labour-liberal establishment that was sceptical of the market and friendly to the state. The ‘fracture of the social’ that followed, Rodgers ...

A History of Disappointment

Jackson Lears: Obama’s Parents, 5 January 2012

The Other Barack: The Bold and Reckless Life of President Obama’s Father 
by Sally Jacobs.
Public Affairs, 336 pp., £20, July 2011, 978 1 58648 793 5
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A Singular Woman: The Untold Story of Barack Obama’s Mother 
by Janny Scott.
Riverhead, 384 pp., £18.99, May 2011, 978 1 59448 797 2
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... Barack was a crack mathematician and held his own among his formidable classmates, who included Lester Thurow and Samuel Bowles. Remaining aloof from the white mainstream, he hung out with the African students. ‘He spoke very firmly to us about education and what we needed to do,’ said one. ‘He sounded just like President Obama does now.’ But ...

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