Milton Friedman
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What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J material and suggests some of its significant implications. Central to the new theory is its...
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Friedman discusses a government system that is no longer controlled by "we, the people." Instead of Lincoln's government "of the people, by the people, and for the people," we now have a government "of the people, by the bureaucrats, for the bureaucrats," including the elected representatives who have become bureaucrats.
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In this book, Robert Leeson and Charles Palm have assembled an amazing collection of Milton Friedman's best works on freedom. Even more amazing is that the selection represents only 1 percent of the 1,500 works by Friedman that Leeson and Palm have put online in a user-friendly format-and an even smaller percentage if you include their archive of Friedman's audio and television recordings, correspondence, and other writings. This book and the larger...
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One of the most significant works of economic theory ever written.
How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of an immensely influential economic philosophy, one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom.
First published...
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In this classic about economics, freedom, and the relationship between the two, Milton and Rose Friedman explain how our freedom has been eroded and our prosperity undermined through the explosion of laws, regulations, agencies, and spending in Washington, and how good intentions often produce deplorable results when government is the middleman. The Friedmans also provide remedies for these ills--they tell us what to do in order to expand our freedom...
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The Nobel Prize–winning economist explains how value is created, and how that affects everything from your paycheck to global markets. One of the leading figures of the Chicago school of economics that rejected the theories of John Maynard Keynes offers a journey through history to illustrate the importance of understanding monetary economics, and how monetary theory can ignite or deepen inflation. With anecdotes revealing the far-reaching consequences...
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Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: "The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental,...
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Milton Friedman (1912-2006) was awarded the Nobel Prize in Economics in 1976. He was a Senior Research Fellow at the Hoover Institution and had previously taught at the University of Chicago from 1946 to 1976. He was also a member of the research staff of the National Bureau of Economic Research from 1937 to 1981. Anna Jacobson Schwartz is a research associate at the National Bureau of Economic Research, which she joined in 1941. She is a Distinguished...
11) Free or Equal
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Revisit Economist Milton Friedman's ideas on the struggle between freedom and equality. Hosted by author and scholar Johan Norberg, travel in Friedman's footsteps to see what has actually happened since 1980 in the places his ideas helped transform.
12) The One Percent
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In this eye-opening documentary, filmmaker Jamie Johnson examines the gap that exists between America's poor and the 1 percent of the population that controls half the country's wealth. Johnson, himself an heir to the Johnson & Johnson fortune, interviews America's wealthiest, including Steve Forbes, Paul Orfalea, Nicole Buffet and Chuck Collins. Johnson also looks to the other side of the fence, interviewing farm workers, cab drivers and residents...