QUESTION: Who have been, in this century, the great luminaries, in economics, who have expanded our ability to measure precisely? MILTON FRIEDMAN: Simon Kuznets was an immigrant from Russia that ...
Opinions expressed by Forbes Contributors are their own. In a video that’s gone viral, the late Milton Friedman correctly asserts about inflation that “consumers don’t produce it,” and ...
I’ve become a believer in systems, and that most things that happen are because of the incentives and the intended (or ...
A look back at Friedman's essay, ‘The Social Responsibility Of Business Is to Increase Its Profits,’ which was published on this date in 1970. Fifty-two years ago today, the economist Milton ...
Instead, policymakers would be wise to consult the teachings of Nobel laureate economist Milton Friedman: "you don't let prices rise, you destroy the system…which coordinates the activities of ...
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Can we finally put an end to the bullet train?
Once upon a time, Californians were told that by 2020 they would see a high-speed rail  line connecting Los Angeles and San ...
Though standing around five feet tall, Milton Friedman was a giant ... at the University of Chicago. Friedman earned the highest recognitions an economist can receive: the John Bates ...
Today, monetarism is mainly associated with Nobel Prize–winning economist Milton Friedman. In his seminal work A Monetary History of the United States, 1867–1960, which he wrote with fellow economist ...
BEN WATTENBERG: Yeah. Well, were you a voodoo economist at that time? MILTON FRIEDMAN: Absolutely. I still am. But what Reagan’s role in that is not what is ordinarily thought. I think the most ...
There's no other way it can come from. No, there's no Santa Claus. No tooth Fairy,” Friedman added. Milton Friedman's Free Lunch Myth theory Milton Friedman 's“free lunch myth” is also ...
For more than a century, UChicago scholars’ groundbreaking theories have redefined the field of economics—from Milton Friedman’s ideas on monetary policy and Gary Becker’s theory of human capital to ...