Milton Friedman (1912-2006) was one of the most important 20th century advocates of libertarian and conservative ideas in academia and amongst the wider public. He made a critical contribution to the development of the free market and monetarist economics that challenged the dominant interventionist and Keynesian paradigm throughout the developed world. His books, popular writings, and television programmes, were crucial to the public understanding of the role of the market in the promotion of human freedom and well-being. This outstanding sets out Friedman's intellectual contribution to economic methodology and our understanding of a host of economic phenomena, including the relationship between consumption and income, the workings of flexible exchange rates, and the relationship between inflation and the supply of money in the economy. Dr Ruger also sets out Friedman's contribution to political theory, discussing Friedman's work on the relationship between economic and political freedom, the social responsibilities of business, and the proper relationship between the individual and the state, particularly in the context of conscription, drug prohibition and discrimination.
Among the indispensable writings included in this book: "Liberalism, Old Style" (1955), discusses the transformation of the original meaning of liberalism "The Counter-Revolution in Monetary Theory" (1970), his most important lecture on ...
Opening with Friedman’s 1977 Nobel Lecture, the volume spans nearly the whole of his career, incorporating papers from as early as 1948 and as late as 1990.
With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, ...
With a combination of revealing personal detail and fascinating exploration of economic theory, this is a revealing look at the man regarded by many as a hero of libertarianism and laissez-faire economics.
Price Theory is concerned not with economic problems in the abstract, but with how a particular society solves its economic problems.
Opening with Friedman's 1977 Nobel Lecture, the volume spans nearly the whole of his career, incorporating papers from as early as 1948 and as late as 1990.
In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy—one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition ...
The Nobel Prize-winning economist and his wife provide an account of their lives and the work they shared, highlighting their involvement in many of the century's most important public policy issues
Contrasts Friedman's statements on methodology with his practice as an economist
Argues that free-market forces work better than government controls for achieving real equality and security, protecting consumers and workers, providing education, and avoiding inflation and unemployment