Papers And Proceedings Of The Eighty Seventh 87 Annual Meeting Of The American Economic Association

Author : Jennifer Burns
Publisher : Farrar, Straus and Giroux
ISBN 13 : 0374601151
Total Pages : 382 pages
Book Rating : 4.3/5 (746 download)

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Download or read book Milton Friedman written by Jennifer Burns and published by Farrar, Straus and Giroux. This book was released on 2023-11-14 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: An Economist Best Book of 2023 | One of The New York Times’ 33 Nonfiction Books to Read This Fall | Named a most anticipated fall book by the Chicago Tribune and Bloomberg | Finalist for the 2024 Hayek Book Prize “Wherever you sit on the political spectrum, there’s a lot to learn from this book. More than a biography of one controversial person, it’s an intellectual history of twentieth-century economic thought.” —Greg Rosalesky, NPR’s Planet Money The first full biography of America’s most renowned economist. Milton Friedman was, alongside John Maynard Keynes, the most influential economist of the twentieth century. His work was instrumental in the turn toward free markets that defined the 1980s, and his full-throated defenses of capitalism and freedom resonated with audiences around the world. It’s no wonder the last decades of the twentieth century have been called “the Age of Friedman”—or that analysts have sought to hold him responsible for both the rising prosperity and the social ills of recent times. In Milton Friedman, the first full biography to employ archival sources, the historian Jennifer Burns tells Friedman’s extraordinary story with the nuance it deserves. She provides lucid and lively context for his groundbreaking work on everything from why dentists earn less than doctors, to the vital importance of the money supply, to inflation and the limits of government planning and stimulus. She traces Friedman’s long-standing collaborations with women, including the economist Anna Schwartz; his complex relationships with powerful figures such as the Federal Reserve chairman Arthur Burns and the Treasury secretary George Shultz; and his direct interventions in policymaking at the highest levels. Most of all, Burns explores Friedman’s key role in creating a new economic vision and a modern American conservatism. The result is a revelatory biography of America’s first neoliberal—and perhaps its last great conservative.