Milton Friedman
Book description
Milton Friedman is widely regarded as one of the most influential economists of the twentieth century. Although he made many important contributions to both economic theory and policy - most clearly demonstrated by his development of and support for monetarism - he was also active in various spheres of public…
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1 author picked Milton Friedman as one of their favorite books. Why do they recommend it?
The enduring impact of Milton Friedman and his writings is ably captured in this volume.
Part II focuses on his monetary contributions and relates his writings to the policy actions of the Federal Reserve and many other recent and older episodes. Among these chapters, James Lothian offers a particularly compelling account of not only the evolution of Friedman’s work but also its impact on those around him. Eugene Lerner connects his Friedman-inspired early Civil War research to monetary developments after the global financial crisis in 2008.
Nobel Prize winner Robert Lucas makes a particularly revealing personal observation: “Friedman has no…
From Richard's list on if you didn’t think money matters.
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