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A Conversation with Milton Friedman

Intellectual Portrait Series
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Recipient of the Nobel Memorial Prize in Economic Sciences, Milton Friedman (1912-2006) has long been recognized as one of our most important economic thinkers and a leader of the Chicago school of economics. He is the author of many books and articles in economics, including A Theory of the Consumption Function and A Monetary History of the United States (with Anna J. Schwartz). Friedman also wrote extensively on public policy, always with a primary emphasis on the preservation and extension of individual freedom. His most important books in this field include (with Rose D. Friedman) Capitalism and Freedom and Free to Choose. Friedman also wrote a popular column for Newsweek magazine from 1966 to 1983. In this 2003 interview with his former student and fellow Nobel laureate Gary Becker, Friedman discusses his economics, his public outreach, and his thoughts on economic education.

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alex writes:

In the era of Paul Krugman's politically charged "economics" we need to remind ourselves that government is not the answer, and never has been, unless we study Soviet Union or similar states, already failed or bound to fail.
Milton Friedman is one of these sound voices that we need to hear more often.
Thank you!


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