Volume 25, Issue 3, 1998/1999
Paul Craig Roberts, Norman Van Cott
Pages 26-30
Polanyi’s Economics
In 1945, Michael Polanyi achieved, in Full Employment and Free Trade, the integration of Keynesian and monetarist economics that the economics profession did not ahieve until the 1970s. In yet another field, Polanyi saw the heart of important matters long before anyone else.