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MILTON FRIEDMAN — THE SCIENTIST AND THE IDEOLOGUE
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MILTON FRIEDMAN — THE SCIENTIST AND THE IDEOLOGUE
Annotation
PII
S042473880000616-6-1
Publication type
Article
Status
Published
Authors
Georgiy Trofimov 
Edition
Issue №2
Pages
25-33
Abstract
Milton Friedman, one of the most influential economists of the twentieth century, has recently passed away. He combined the qualities of an outstanding scientist and an ideologue of liberalism. His long-term work in both directions has had a great impact on the economic policy of many countries. In this respect, M. Friedman is on a par with J. M. Keynes, with whom he radically differed in his views on the place of the state in the economy. If Keynes was the main defender of interventionism, then Friedman can be considered the main apologist for the free market and a critic of state intervention in the economy and other areas. To paraphrase the statement of the Friedman many years ago in relation to Keynes, R. Barro, recently declared: “Now we are all preminence”.
Date of publication
01.04.2007
Number of purchasers
0
Views
906
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 “Handbook of Macroeconomics”. Vol. 1A. Amsterdam: Elsevier.
 
 Brunner K. (1968): The Role of Money and Monetary Policy // Federal Reserve Bank of St. Louis Rev. Vol. 50. July.
 
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 Tolley G. (1956): Providing for Growth of the Money Supply // J. of Polit. Econ. Vol. 65.

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