Intro -- Contents -- Introduction to the Sixth Edition -- Acknowledgments -- Lawrence R. Klein -- Kenneth J. Arrow -- Paul A. Samuelson -- Milton Friedman -- George J. Stigler -- James Tobin -- Franco Modigliani -- James M. Buchanan -- Robert M. Solow -- William F. Sharpe -- Douglass C. North --...

As we understand it, the D.C. Circuit did not allow the EPA to consider the costs of complying with ozone and PM NAAQS. As we further understand it, this legal ruling can be overturned only by this Court. As economists, we believe that the D.C. Circuit's ruling not allowing the EPA to consider...

One colossus of twentieth-century economics assesses the work and influence of another. Milton Friedman argues that John Maynard Keynes (1833-1946) left two principal legacies. The first, to technical, scientific economics, was embodied in his Tract on Monetary Reform (1923), his Treatise on...

The following letter by Professor Milton Friedman, Department of Economics, University of Chicago, was written in response to a letter by Arthur F. Burns, Chairman of the Board of Governors of the Federal Reserve System, which appeared in the December 1973 REVIEW

Under the system of rigidly fixed rates that do not change — the ideal envisioned by some supporters of Bretton Woods — there is only limited room or need for a broad, resilient public futures market in currencies. The central banks plus the large commercial banks can readily provide the...