Mr. Friedman was awarded the Nobel Prize for Economic Science in 1976. He was best known for explaining the role of money supply in economic and inflation fluctuations. By managing the amount …

By that standard, Milton Friedman was one of the most infl uential economists of all time. He revolutionized the way economists think about consumption, about money, about stabilization policy, …

Friedman stresses the fallibility and costliness of government administration which oper-ates under political pressures, without any competitive checks. But where to draw the boundary line between …

When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," I am reminded of the wonderful line about the Frenchman who discovered at the …

The Milton Friedman papers include a variety of materials relating to economic theory, economic conditions in the United States, and governmental economic policy.

Milton Friedman was awarded the Nobel Prize in economics in 1976. The following essay, which is reprinted in its entirety, is the most influential work on economic methodology of this century.

This talk draws on the author’s book (a complete draft of which is available online), Milton Friedman and Economic Debate in the United States, 1973−2006.2 The book (consisting of two volumes) is a …