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Jan 1, 1912 — Nov 16, 2006· 94 yrs

UNITED STATES AUTHOR · MONETARY POLICY · ECONOMICS

Milton Friedman

Also known as: Friedman, Milton,, Milton 1912- Friedman

41
BOOKS
4.3
AVG RATING (11)
6
READERS

Milton Friedman ( ; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Nobel laureates Gary Becker (1992), Robert Fogel (1993), and Robert Lucas Jr. (1995). Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend.

Brooklyn, United States
Wikipedia

Every day each of us uses innumerable goods and services-to eat, to wear, to shelter us from the elements, or simply to enjoy.

— from Free to choose, 1980

Most acclaimed

#1

Free to choose

1980

4.3 (7)

In this powerful and persuasive book two distinguished economists, Milton Friedman and his wife, Rose, unravel the mysteries of economics for the man or woman in the street (Wall Street or Main Street). They show us how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, how good intentions often produce deplorable results when government is the middleman. And then they tell us what to do if we want to expand our freedom and promote prosperity. If you have ever wondered why you are paying someone else's old-age pension instead of saving for your own old age, why the Federal Reserve doesn't control inflation and recessions as it was set up to do, why some industries and some workers get a better shake than the rest of us, whether equal opportunity for all also has to mean that everyone gets the same income regardless of productivity, this book is for you. Milton and Rose Friedman assert our free society is in danger. Their analysis of what went wrong and how to correct it, so forcefully and clearly expressed in this book, is vital to America's future economic health. - Jacket flap.

#2

A monetary history of the United States, 1867-1960

1963

0.0 (0)
#3

Two lucky people

1998

0.0 (0)

Two Lucky People is Milton and Rose Friedman's memorable and lively account of their lives, the people they knew, and the work they shared. For the first time they set the record straight regarding their involvement with world leaders and many of this century's most important public policy issues. Included here are previously unpublished documents of significant interest, such as a letter Milton Friedman wrote to General Pinochet in 1975 on his return from Chile, along with Pinochet's reply; a memo from Friedman prepared in 1988 for Zhao Zi Yang, the general secretary for the Communist party in China, on economic reform in China; and the transcript of Friedman's subsequent lengthy meeting with Zhao.

Books

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