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Rose Friedman (née Director), the Chicago-trained economist, was a very important contributor to Milton Friedman’s scholarly output, popular writings, and television series. His remarkable role in society was to a significant extent a joint role from which she cannot be separated.
Persistent link: https://www.econbiz.de/10011019963
This essay responds to the question, “Why is there no Milton Friedman today?” In doing so, it briefly examines several aspects of Friedman’s professional life that contributed to his success in the academic, policy, and public realms as well as the influence of the social and political...
Persistent link: https://www.econbiz.de/10010659509
This article addresses two questions: Are there fewer economist public intellectuals today than previously, and if so, why? and: Are there fewer economists who support free markets today, and if so, why? It answers yes to the first question, suggesting that the selection process for graduate...
Persistent link: https://www.econbiz.de/10010659510
Why is there no Milton Friedman today? The new structure of things—or lack of structure—makes it hard for someone to emerge as a focal representative of classical liberalism. But every day, innumerable souls breathe new vitality into the cogent perspective that Friedman and others gave to...
Persistent link: https://www.econbiz.de/10010659511
in mathematics and statistics. Yet he became a critic of ‘formal’ theory, exemplified by mathematical economics, that …
Persistent link: https://www.econbiz.de/10010659512
The presence of iconic superstars declines in many fields of endeavor, and economics is no exception to those …
Persistent link: https://www.econbiz.de/10010659513
by the global economic crisis that began in 2008, of the limitations of laissez-faire economics. …
Persistent link: https://www.econbiz.de/10010659514
economics and for society. It attracts resources toward fruitless debates and away from possibly productive research and …
Persistent link: https://www.econbiz.de/10010659516
The extraordinary influence of Milton Friedman is largely attributable to the passion and clarity he brought to the defense of competitive markets during the New Deal period when the public entrenchment of monopolies and cartels were standard government policy. Friedman wrote at a time when the...
Persistent link: https://www.econbiz.de/10010659517
years cannot be replicated by the dominant and dogmatic orthodoxy that Chicago-style economics has become. On the other hand …
Persistent link: https://www.econbiz.de/10010659518