May 21, 2013

Why Is There No Milton Friedman Today?

Daniel Klein

JIN Chair in Economics

Tyler Cowen

Holbert L. Harris Chair of Economics at George Mason University

John Blundell

Director General & Ralph Harris Fellow of the Institute of Economic Affairs

David R. Henderson

Associate Professor of Economics, Naval Postgraduate School in Monterey
Summary

Imagine that someone with all the endowments of a Milton Friedman were born in the 1960s or 1970s. Is it conceivable that such a person would develop into a ‘Milton Friedman’ like we know the actual Friedman to have been, including his academic eminence and his eloquent and influential advocacy of classical liberalism? Here leading economists address the question: Why is there no Milton Friedman today?

Imagine that someone with all the endowments of a Milton Friedman were born in the 1960s or 1970s. Is it conceivable that such a person would develop into a ‘Milton Friedman’ like we know the actual Friedman to have been, including his academic eminence and his eloquent and influential advocacy of classical liberalism? Here leading economists address the question: Why is there no Milton Friedman today?

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