Milton Friedman
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A Conservative Liberal March 07, 2024
Jennifer Burns’s biography, Milton Friedman: The Last Conservative, will be the standard reference for anyone wanting to dive deeply into the life of the great economist and the world in which he flourished. The historical context that Burns provides...
Friedman's Rise and Fall February 14, 2024
Anyone who lived through the fall of the Berlin Wall in 1989 will remember the pitiable figure cut by the Eastern Bloc residents interviewed back then. They looked stunned, tongue-tied, disoriented, like rescuees emerging into the sunlight after days...
Milton Friedman, the Prizefighter January 15, 2024
In 2002, three months after Milton Friedman turned ninety, a celebratory conference was convened at the school that had become synonymous with his ideas. Ben Bernanke, then a member of the Federal Reserve’s Board of Governors, delivered a talk at the...
Review: Milton Friedman: The Last Conservative January 12, 2024
In her definitive biography, Milton Friedman: The Last Conservative, Jennifer Burns chronicles the life and story behind the wunderkind economist from New Jersey. Elfin in stature but towering in intellect, Milton Friedman was, alongside his left-lea...
Free Market Icon November 21, 2023
"Milton Friedman isn’t running the show anymore." The sentiments underlying Joe Biden’s mid-2020 statement would be affirmed today not only by center-left American opinion but also those significant segments of American conservatism that have fallen ...
Classical, New, or Conservative Liberalism? April 21, 2023
Are American conservatives the real liberals? The question transcends semantics, for paradox is infused in America’s bloodstream, the Founders having been at once revolutionary and conservative. The War for Independence was fought not so much to reje...
The Olympians v. Laissez-Faire September 12, 2022
Jacob Soll has written “Free Market: The History of an Idea” not to praise the free market but to bury it. The laissez-faire economists Friedrich Hayek and Milton Friedman were, for Mr. Soll, peddlers of a dangerous delusion. He writes of Hayek’s “pa...
Friedman's Smashing Success June 25, 2021
In the late 1940s, Milton Friedman was considered an important economist who had made significant technical contributions. At the beginning of the 1950s, however, he moved away from Keynesian economics and as a result was increasingly viewed as a bit...
The Triumph of Thomas Sowell May 26, 2021
Thomas Sowell is one of the towering American intellectuals of our time. An economist trained at the University of Chicago and a social theorist of the first rank, he has been a senior fellow at the Hoover Institution at Stanford University since 198...
