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Milton Friedman

7 Great Books By Economists

Huffington Post | Jessie Kunhardt | Posted 11.13.2009 | Books

Read More: Adam Smith, Economics, Milton Friedman, Amartya Sen, Money, Books, Economics Books, Making Globalization Work, Slidepoll, Globalization, Stiglitz, Obama, Capitalism, Books by Economists, The Next Stage, The Wealth of Nations, Economic Policy, Keynes, Galbraith, Economists, Paul Krugman, Peddling Prosperity, Books News

There's a major panel discussion going on today in Washington, D.C. called "The Next Stage," in which economists are coming together to discuss the pr...

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This Film is an Idiot's Version of Naomi Klein's Masterpiece

Johann Hari | Posted 10.22.2009 | World

Read More: Chile, Debt, Depression, Salvador Allende, Naomi Klein, Mixed Economies, Apartheid, Conservatism, Michale Winterbottom, Capitalism, Pinochet, Naomi Klein's Shock Doctrine, Communism, Freedom Charter, Channel 4, Margaret Thatcher, Anc, Shock Doctrine, Cia, World Bank, Tianamen, Imf, Milton Friedman, Soviet Union, World News
Johann Hari

Naomi Klein's The Shock Doctrine is one of the most important political books of the past decade. But Michael Winterbottom's "adaptation" for film is garbled and mumbled to the point of meaninglessness.

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Information Asymmetries Part II

Leslie Pratch, Ph.D. | Posted 08.27.2009 | Business

Read More: Government, Paul Krugman, Economic Stimulus, Poverty, Joseph Stiglitz, Stock Market, Sam Pelzman, Payroll Taxes, Milton Friedman, Global Financial Crisis, Financial Advice, Business News
Leslie Pratch, Ph.D.

It takes time for labor unemployment to go down, but there is now a lot of slack capacity and eventually that slack capacity will be priced appropriately and then, finally, consumers will spend.

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Michael Hirsh: Milton Friedman And The Fed Bailout

newsweek.com | Michael Hirsh | Posted 08.17.2009 | Business

Read More: Banks, Anna Schartz, Michael-Hirsh, Bailout, Milton Friedman, Business News

Anna Schwartz is 93 and has been working at the same place since 1941. She's that rarity in economics, or indeed any field: a living legend from anoth...

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Libertarian Experiment in Iceland Fails

Iris Erlingsdottir | Posted 04.09.2009 | World

Read More: Iceland Economy, Milton Friedman, Iceland National Bankruptcy, Economic Crisis, Iceland Economic Crisis, Financial Crisis, Banking Crisis, Iceland Global Economic Crisis, Iceland Financial Crisis, Free Market, Iceland Economy Collapse, Iceland, Iceland Bankrupt, World News
Iris Erlingsdottir

Economists are already using Iceland as a textbook case of how to ruin a nation's economy. As Paul Krugman notes, there is an "almost eerie correlation between conservative praise two or three years ago and economic disaster today."

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Samuel J. Wurzelbacher, Joe the Plumber: Fighting for the American Dream (Austin, Texas: PearlGate Publishing 2008) 192 pp.

Joseph A. Palermo | Posted 04.02.2009 | Media

Read More: Joe the Plumber, Milton Friedman, Ann Coulter, Dick Morris, Michael Gallagher, George W. Bush, Conservatism, Wurzelbacher, Conservative, Jude Wanniski, David Brooks, Margaret Thatcher, Alan Bloom, Leo Strauss, The Huffington Post, Republican Party, Lord Acton, Plumber, MIchael Barone, Norman Podhoretz, William F. Buckley Jr., President Barack Obama, Stephen Moore, Wurzelbacharian Historicism, F.A. Hayek, Book Review, Sean Hannity, "Joe the Plumber: Fighting for the American Dream" Samuel J. Wurzelbacher, Conservatives, Bill O'Reilly, Arthur Laffer, PearlGate Publishing, The Daily Kos, Plumbing, Wurzelbacherism, Media News
Joseph A. Palermo

Wurzelbacher's deep understanding of the intellectual umbilical cords of modern conservatism is why Mike Gallagher and Sean Hannity have offered their high praise of his work.

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A Bold Proposal for a New Economy

John Cavanagh | Posted 03.14.2009 | Business

Read More: Naomi Klein's Shock Doctrine, US Economy, The Shock Doctrine, Milton Friedman, Wall Street, Agenda for a New Economy, David Korten, Economy, Naomi Klein, Wall Street Casino, Business News
John Cavanagh

In his book, Agenda for a New Economy, David Korten is full of ideas on democratizing ownership and reclaiming corporate charters from footloose global firms.

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Missing Minsky

John Tepper Marlin | Posted 01.27.2009 | Business

Read More: Fed, Ponzi, Sec, John Maynard Keynes, Milton Friedman, Hyman Minsky, Ninja Mortgages, Federal Reserve, Treasury, Ben Bernanke, Martin Wolf, Alan Greenspan, Anna Schwartz, Barack Obama, Laurence Meyer, Business News
John Tepper Marlin

Hyman Minsky didn't live to see how closely this year's meltdowns would follow his predicted scenario, with the Lehman failure being one of several clear Minsky moments.

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Economic Recovery -- Five Lessons from the Depression

John Tepper Marlin | Posted 01.16.2009 | Business

Read More: Economic Recovery, Milton Friedman, Keynes, Lessons From Depression, Economy, Bernanke, Monetary Policy, Great Depression, Business News
John Tepper Marlin

The Washington Consensus is that whatever measures are needed to ensure economic recovery should be taken. This is especially true of the incoming te...

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Inflation Prospects

Alan Schram | Posted 12.15.2008 | Business

Read More: Milton Friedman, Deflation, Commodities, Gold, Credit Crisis, Libor, Paul Volcker, Barack Obama, S&P 500, Fdic, Money Market Funds, Copper, Inflation, Business News, Oil, Stagflation, Money Supply, Keywords: Bank Deposits, Saving Money, Dow, Great Depression, Financial Crisis, Business News
Alan Schram

In the last few months, we have seen the prices of commodities dropping precipitously. Oil dropped from $150 to $60, Gold dropped from $1,000 an ounc...

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The Urgent Case for a Big Stimulus

Jeff Madrick | Posted 11.28.2008 | Business

Read More: Monetary Policy, Federal Reserve, John Maynard Keynes, Milton Friedman, Stimulus, Wealth Effect, Fiscal Policy, Financial Crisis, Business News
Jeff Madrick

If we don't stimulate the economy, tax revenues will fall far faster and deficits rise, anyway. But they won't be the deficits of constructive investment. They will be the deficits caused by unnecessarily lost wealth.

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Milton Friedman Debate Continues To Roil University Of Chicago

Chi-Town Daily News | Peter Sachs | Posted 11.24.2008 | Chicago

Read More: Milton Friedman Institute Controversy, John Cochrane, Milton Friedman Institute, Milton Friedman, Bruce Lincoln, University of Chicago, Friedman Controversy, Milton Friedman U of C, Higher Education, Free Market, U of C Faculty Senate, Chicago News

The first faculty-wide senate meeting of its kind in 24 years could take place by the end of the year at the University of Chicago as a controversy co...

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Milton Friedman, Socialist

Rob Warden | Posted 11.22.2008 | Politics

Read More: Friedman, Wealth Redistribution, John McCain, Obama, Mccain, Economics, Palin, Milton Friedman, Politics News
Rob Warden

f John McCain or Sarah Palin had written Milton Friedman's obit in 2006, would they have vilified the Nobel laureate economist widely regaled as the father of modern conservatism as some kind of anti-capitalist?

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University Of Chicago Clashes Over Milton Friedman

Bloomberg | Oliver Staley and John Lippert | Posted 11.16.2008 | Chicago

Read More: Milton Friedman Institute Controversy, MFI, U of C MFI, Chicago School of Economics, Milton Friedman Institute, Milton Friedman, Bruce Lincoln, University of Chicago, Faculty Dispute Milton Friedman Institute, University of Chicago Faculty, Chicago News

Oct. 15 (Bloomberg) -- Professors at the University of Chicago say a proposed $200 million research center named for Milton Friedman, the late economi...

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Whatever Happened To "The Magic Of The Marketplace" And "The Invisible Hand?"

Sandy Goodman | Posted 11.16.2008 | Business

Read More: Citigroup, Merrill Lynch, J.P. Morgan Chase, Ronald Reagan, Milton Friedman, George Will, Enron, Treasury Secretary Paulson, Invisible Hand, Alan Greenspan, Capitalism, President Bush, Government, Adam Smith, Economy, Business News
Sandy Goodman

Many Americans still believe in the myth of the always perfect free market, in the face of irrefutable, worldwide evidence that there are times when it completely fails.

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University Of Chicago To Debate Friedman Institute

Crain's Chicago Business | Steven R. Strahler | Posted 11.14.2008 | Chicago

Read More: Milton Friedman Institute, Milton Friedman, University of Chicago, Milton Friedman U of C, Chicago News

A controversial move to establish a Milton Friedman Institute at the University of Chicago will be debated Wednesday by the first formal meeting of th...

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Alan Greenspan Has Written His Own Epitaph

Joseph A. Palermo | Posted 11.09.2008 | Business

Read More: Wall Street Crisis, Alan Greenspan, Economics, Milton Friedman, Financial Meltdown, Ayn Rand, Business News
Joseph A. Palermo

I guess it is too much to ask a multimillionaire economist to lower himself and pick up a book about how American society has actually worked in the past, instead of relying on his ideological wet dreams.

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Sticking it to Milton

David Hoyt | Posted 11.02.2008 | Chicago

Read More: Keynesian Economics, Milton Firedman Institute, Wall Street Crisis, MBA President, Milton Friedman, University of Chicago, Milton Friedman U of C, Economy, Milton Friedman Bailout, Socialism, Chicago News
David Hoyt

One can't help but be struck by the irony of the fact. Just when the academic disciplines most influenced by Milton Friedman came together to praise him in 2007, a year after his death, it looks like the rest of the world may wind up burying him in practice.

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The Monomania of Economists

Jeff Madrick | Posted 08.12.2008 | Business

Read More: Federal Reserve, Milton Friedman, Unions, Inflation, 1970s, Inlfationary Expectations, Business News
Jeff Madrick

The anti-inflationary policy makers are preaching a simple ideology. To be more kind, they want to make the mistake of being too tight, not too loose.

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Time to End "Bernanke Panky?"

Kevin Phillips | Posted 06.10.2008 | Business

Read More: Fed Cuts, JP Morgan, Milton Friedman, Impeachment, Bernanke Economy Recession, Federal Reserve, Fomc, Ben Bernanke, Business, Business News
Kevin Phillips

Is Bernanke ready for a new round of 1932-style talk about abolishing the Fed or impeaching its leaders? Because at least three aspects of his Fed chairmanship have generated major controversy.

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How Business Can Save The World

Boston Globe | Matthew Battles | Posted 03.28.2008 | Business

Read More: Social Responsibility, Organizational Behavior, Milton Friedman, World Peace, Philanthropy, Business News

When Milton Friedman famously stated that "the social responsibility of business is to increase profits," he furnished ammunition to both free market ...

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Is Bernanke Behind The Curve?

New York Times | ROGER LOWENSTEIN | Posted 03.28.2008 | Business

Read More: Mit, Milton Friedman, Central Banking, Federal Reserve, Ben Bernanke, Alan Greenspan, Economy, Great Depression, Business News

Ben Bernanke's first exposure to monetary policy was reading the works of Milton Friedman, the Nobel laureate. That was 30 years ago, when Bernanke wa...

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