Mata, Tiago; (2017) Craufurd D. Goodwin, Walter Lippmann: Public Economist (Cambridge, MA, and London, UK: Harvard University Press, 2014), pp. 424, $35. ISBN 978-0-67436-813-2. Journal of the History of Economic Thought , 39 (2) pp. 281-283. 10.1017/S1053837217000062.

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Abstract

Over twenty biographies and collections of commentaries have been written about Walter Lippmann, and more than a hundred essays in periodicals. Anthologies of his work have never gone out of print. It is no hyperbole to claim that Lippmann has a unique standing in the annals of American culture. He was a Pulitzer-winning journalist-philosopher of unrivaled clarity, depth, and influence, who held the reading affection of millions, and consorted with heads of state and the grandees of the arts and sciences. Despite such eminence and deserved attention, Craufurd Goodwin has authored the first study of the economic ideas of Lippmann. Between 1931 and 1946, Lippmann wrote an average of 100 columns a year on economic subjects. Goodwin establishes by analysis, and by frequent and long quotations from the original text, that these writings were as sophisticated as they were numerous. Scholarship about Lippmann has traveled along two mainstreams. Goodwin rejects both. My review addresses this book’s original contributions by showing how Goodwin’s objections spell out a rich account of Lippmann’s vision for public economic knowledge.

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