Friedman, The Counter-revolution in Monetary Theory. London: Institute for Economic Affairs, p. 12. To which Hetzel, as if totally unaware of Hawtrey and Cassel, adds: “Nevertheless, no one even outside the Fed [my emphasis] mounted a sustained, effective attack on monetary policy as unifor...
Learn about Milton Friedman. Understand who Milton Friedman is, review Milton Friedman's theories, examine Friedman's ideas on economics, and...
Milton Friedman Part 1: Monopolies and Rising Prices Steven E. Landsburg, Professor of Economics at the University of Rochester and author ofThe Essential Milton Friedman, joins host Rosemarie Fike to discuss Friedman’s profound contributions to the field of economics throughout the 20th century, ...
米尔顿·弗里德曼—经济学一代宗师(MiltonFriedman,masterofEconomics)MiltonFriedman,masterofEconomics(on)Author:BritishFinancialTimesSamuelBrittan(Samuel..
In his 1957 bookA Theory of the Consumption Function—not exactly a crowd-pleasing title, but an important topic—Friedman argued that the best way to make sense of saving and spending was not, as Keynes had done, to resort to loose psychological theorizing, but rather to think of individuals...
Friedman recounts an episode of him testifying to Congress. He says — and this is in the early 1940s — “I had no idea how Keynesian I was.” There’s been maybe 5 to 10 books and articles that have jumped off that to say, “Well,...
Not Milton Berle, I mean, of course; or John Milton. But MiltonFriedman, who just turned 90. Chicago gave him a birthday party at the Quadrangle Club, with a splendid miniconference attached, and all the gang was there: Anna Schwartz, for example, and Gary and Bob and the rest. I wa...
I can see why Milton Friedman was uncomfortable. Being an expert on the economy is not the same as being a financial advisor. He earned a Ph.D. in economics, not finance — cousins in the academic realm, but distant cousins in real life. ...
In 1941, Milton Friedman joined the U.S. Treasury Department, working on wartime tax policy during the first two years of World War II. Friedman once noted that his wife "has never forgiven me for the part I played in devising and developing withholding for the income tax." As part of ...
Milton Friedman was a U.S. economist, best known as the most influential advocate of free-market capitalism and monetarism in the 20th century.