Contributions of Milton Friedman to Economics: A R

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Contributions of Milton Friedman to Economics: A Reprint from “Economic Quarterly”

Milton Friedman began his teaching career at the U

Our Price: $15.00

By Robert L. Hetzel (au)
Year: 2007
Pages: 30
Binding Paperback

Product Code: 1422317293

Description

Milton Friedman began his teaching career at the Univ. of Chicago isolated intellectually. He defended the ideas that competitive markets work efficiently to allocate resources & that central banks are responsible for inflation. By the 1980s, these ideas had become commonplace. Friedman was one of the great intellectuals of the 20th century because of his major influence on how a broad public understood the Depression, the Federal Reserve’s stop-go monetary policy of the 1970s, flexible exchange rates, & the ability of market forces to advance individual welfare.

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