News

Forbes8mon
As Economists Are Today, Milton Friedman Was Incorrect About Inflation
In a video that’s gone viral, the late Milton Friedman correctly asserts about inflation that “consumers don’t produce it,” and “producers don’t produce it.” Only for Friedman to go ...
Wall Street Journal6mon
Milton Friedman and the Ironies of Inflation
In her account of the destructiveness of inflationary policies (“How Inflation Ended Neoliberalism,” op-ed, Nov. 16), Jennifer Burns asserts that Milton Friedman “would likely have supported ...
National Review7mon
Milton Friedman’s Revenge
in large part because of voters’ dislike for inflation. If only Democrats hadn’t been so dismissive of Milton Friedman — someone whose ideas Republicans should also be holding in higher ...
‘Inflation is just like alcoholism’: Milton Friedman famously warned that ‘bad effects only come later’ when you print too much money — 3 ways to hedge against them
Milton Friedman, the Nobel Prize-winning economist known for his groundbreaking work on monetary policy and free-market ...
c-span1y
Milton Friedman on Economic Inflation
Nobel Prize-winning economist Milton Friedman advocated for free market principles in the 1980 public TV series “Free to Choose.” Episode nine was titled “How to Cure Inflation.” ...
The Australian Financial Review2y
Looks like Milton Friedman was right about global inflation
Milton Friedman always asserted that inflation was everywhere and forever a monetary phenomenon. Central banks and post-Keynesian economists were very happy to ditch this thinking at the first ...
Reason1y
Milton Friedman Was No Conservative
As Jennifer Burns writes in her excellent new biography of the libertarian economist Milton ... that "inflation is everywhere and always a monetary phenomenon." This led Friedman to believe ...
The New York Times2y
How We’ve Come to Genuflect to the ‘Free Market’
Jacob Soll’s ambitious history takes us from Cicero to Milton Friedman, but is hobbled by questionable assertions. By Justin Fox When you ... trade-off between inflation and unemployment that ...
Marketplace1y
Milton Friedman’s “long and variable lag,” explained
“Generally, the term is associated with Milton Friedman ... Economy, Friedman argued that the lag between an interest rate increase and subsequent slowdown in inflation were much longer ...
The Heritage Foundation1mon
The Real Story Behind Inflation
Doescher: Milton Friedman talks about how inflation is political. How it doesn't just happen. These are choices made by government officials saying, "Okay, well we need to subsidize first time ...
The New Yorker1y
Milton Friedman, the Prizefighter
In 2002, three months after Milton Friedman turned ninety ... but it was vulnerable when inflation reared its head. Friedman’s counter-revolution focussed on an almost patronizingly simplistic ...