Map of La-Varenne-Saint-Hilaire on Unlike Friedman, Samuelson endorsed liberal economic views, influencing generations of economic students with his popular textbook Economics. Samuelson and Friedman have carried on a public argument for years, going so far as to write competing columns for Newsweek and coauthoring a book on the responsibility of government. Philanthropist George Soros, who personally funded efforts to end socialism, accused laissez-faire capitalism of being a threat to democracy because of its disinclination to prepare for the realities of a new world order. Robert Kuttner, coeditor of An American Prospect, argues that the financial aspect at the beginning of the 21st century has much in common with the outlook of the 1930s during the Great Depression. The collapse of investor confidence, the lack of government regulations, and corruption within the financial community have created problems that Kuttner believes Chicago School economics cannot solve. He contends that a major problem with the free market is that it cannot police itself. Writer Steve Kangas offers a scathing critique of the Chicago School of economics, maintaining that most Chicago School 129 economists today are New Keynesians rather than advocates of the Chicago School. Map of La-Varenne-Saint-Hilaire 2016.
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