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The Conversation
The Conversation
Alan Bollard, Professor of Economics, Te Herenga Waka — Victoria University of Wellington

From Oppenheimer to Milton Friedman: how the Cold War battle of economic ideas shaped our world

Is Oppenheimer a movie for our time, reminding us of the tensions, dangers and conflicts of the old Cold War while a new one threatens to break out?

The film certainly chimes with today’s big power conflicts (the US and China), renewed concern about nuclear weapons (Russia’s threats over Ukraine), and current ideological tensions between democratic and autocratic systems.

But the Cold War did not just rest on the threat of the bomb. Behind the scientists and generals were many other players, among them the economists, who clashed just as vigorously in their views about how to run postwar economies.

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