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  2. Milton Friedman - Wikipedia

    en.wikipedia.org/wiki/Milton_Friedman

    Friedman's counterpart Keynes believed people would modify their household consumption expenditures to relate to their existing income levels. [65] Friedman's research introduced the term "permanent income" to the world, which was the average of a household's expected income over several years, and he also developed the permanent income ...

  3. Chicago school of economics - Wikipedia

    en.wikipedia.org/wiki/Chicago_school_of_economics

    A further significant branching of Chicago thought was dubbed by George Stigler as "Chicago political economy". Inspired by the Coasian view that institutions evolve to maximize the Pareto efficiency, Chicago political economy came to the surprising and controversial view that politics tends towards efficiency and that policy advice is irrelevant.

  4. Capitalism and Freedom - Wikipedia

    en.wikipedia.org/wiki/Capitalism_and_Freedom

    The effects of Capitalism and Freedom were great yet varied in the realm of political economics. Some of Friedman's suggestions are being tested and implemented in many places, such as the flat income tax in Estonia (since 1994) and Slovakia (since 2004), a floating exchange rate which has almost fully replaced the Bretton Woods system, and ...

  5. Milton Friedman bibliography - Wikipedia

    en.wikipedia.org/wiki/Milton_Friedman_bibliography

    Not So Free to Choose: The Political Economy of Milton Friedman and Ronald Reagan Praeger, 1987; attacks Friedman's policies from the left online version Roy, Subroto, "Milton Friedman, A Man of Reason (1912–2006)", Obituary in The Statesman newspaper Perspective Page, www.thestatesman.net, November 22, 2006, also available at http ...

  6. C. B. Macpherson - Wikipedia

    en.wikipedia.org/wiki/C._B._Macpherson

    Essay VII of the Essays in Retrieval was titled "Elegant Tombstones: A Note on Friedman's Freedom" and was a direct challenge to certain assumptions of "freedom" made by Milton Friedman in Capitalism and Freedom. For Macpherson, capitalism was discordant with freedom. Part of the disagreement can be found in the differing interpretations of ...

  7. Friedman doctrine - Wikipedia

    en.wikipedia.org/wiki/Friedman_doctrine

    Friedman introduced the theory in a 1970 essay for The New York Times titled "A Friedman Doctrine: The Social Responsibility of Business is to Increase Its Profits". [2] In it, he argued that a company has no social responsibility to the public or society; its only responsibility is to its shareholders. [2]

  8. Perspectives on capitalism by school of thought - Wikipedia

    en.wikipedia.org/wiki/Perspectives_on_capitalism...

    The Political-Economic Transformation of Late Twentieth Century Capitalism. Cambridge, MA: Blackwell Publishers. ISBN 0-631-16294-1. Hayek, Friedrich A. (1975). The Pure Theory of Capital. Chicago: University of Chicago Press. ISBN 0-226-32081-2. Hayek, Friedrich A. (1963). Capitalism and the Historians. Chicago: University of Chicago Press.

  9. Price Theory (Milton Friedman) - Wikipedia

    en.wikipedia.org/wiki/Price_Theory_(Milton_Friedman)

    Friedman's book Price Theory: A Provisional Text, originally based on lecture notes taken by David I. Fand and Warren J. Gustus in 1951–52. These notes were popular among graduate students and eventually prompted Friedman to work on their publication. The revised edition was prepared when Friedman resumed teaching price theory in the early 1970s.

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