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“His views have had as much, if not more, impact on the way we think about
monetary policy and many other important economic issues as those of any person
in the last half of the twentieth century.”...
Ben Bernanke versus Milton Friedman The Federal Reserve's Emergence as the U.S. Economy's Central Planner
reports Federal Reserve economic planning financial history the Great Depression crisis
2011/9/28
An article is presented that reports on the U.S. Federal Reserve and compares economic planning by Federal Reserve Chairman Ben Bernanke and economist Milton Friedman. The article describes Bernanke a...
The Surprising Weberian Roots to Milton Friedman’s Methodology
Milton Friedman Talcott Parsons George Stigler Max Weber methodology of economics
2011/9/8
The main point of this paper is to contribute to understanding Milton Friedman’s (1953) “The Methodology of Positive Economics” (hereafter F1953), one of the most influential statements of economic me...
The Nobel Prize in Economic 1976，Milton Friedman，for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization po...
MILTON FRIEDMAN: PERSPECTIVES,PARTICULARLY ON MONETARY POLICY
MILTON FRIEDMAN MONETARY POLICY
2008/11/4
When my son Jason was an economics Ph.D. student at Harvard in
the 1990s, he said: “I have observed that only two economists can
push you around, Milton Friedman and Gary Becker.” I agreed but
argu...
A small man with a giant intellect, of humble origins but lofty
achievements.
A foe of the Leviathan state.
A champion of the competitive market system.
An ardent defender of freedom for individua...
Milton Friedman and the Case against Currency Monopoly
Milton Friedman Currency Monopoly government
2008/11/4
A longstanding tradition in economics, dating back at least to
Adam Smith, looks askance at statutory monopolies, condemning
almost all of them as unnecessary barriers to economic progress.
Thanks ...
Milton Friedman did not like the euro. In early 1999 I wrote to
him mentioning my daughter Erika’s thesis and, in a letter dated
March 12, 1999, he wrote back:
Erika’s thesis on “The Euro and the D...
Monetary Policy and the Legacy of Milton Friedman
Monetary Policy Milton Friedman tributes
2008/11/4
So many well-deserved tributes have been paid to the memory of
Milton Friedman that I propose to pay him tribute in a special way
by talking about my long association with him. Before I do so, I not...