Why isn't Milton Friedman
the nemesis of Keynesian economics?
I was worrying about turning into a Milton Friedman
clone when the Globe and Mail told me that the entire economics profession is having an identity crisis.
encapsulates the distinction between ethics and economics in terms of normative economics and positive economics--the latter being the true science of economics (43).
According to Milton Friedman
, what is the responsibility of corporate executives?
Anna Schwartz and the late Milton Friedman
are two of the best-known proponents of the "monetarist" school of economics, which is not opposed, per se, to central banking as exemplified by the Federal Reserve.
It was probably this commentary that President-elect Carter had in mind when in December 1976 he asked to be put through to Milton Friedman
and began, "I've wanted to talk to you, but first let me congratulate you on the [Nobel] prize.
I caught a lucky break in discovering economist Milton Friedman
and his work, particularly his book Free to Choose.
died November 16, 2006, at the age of 94.
(1912-2006) BACKGROUND: The prominent free-market economist Milton Friedman
was born on 13 July, 1912, in New York, the fourth and last child of Sarah Ethel Landau and Jeno Saul Friedman, Eastern Europeans who emigrated to the United States while in their teens.
The recent death of Milton Friedman
reminded me of a telephone conversation we had a decade ago.
That idea comes from the late economist Milton Friedman
, who died Nov.
Few economists have had the impact that Milton Friedman
has had on economics.