© 2019

Milton Friedman


Part of the Great Thinkers in Economics book series (GTE)

Table of contents

  1. Front Matter
    Pages i-xvi
  2. James Forder
    Pages 1-9
  3. Friedman’s Life and Autobiography

    1. Front Matter
      Pages 11-11
    2. James Forder
      Pages 13-14
    3. James Forder
      Pages 15-37
    4. James Forder
      Pages 39-60
    5. James Forder
      Pages 77-79
  4. Milton Friedman’s Economics, 1935–1957

    1. Front Matter
      Pages 81-81
    2. James Forder
      Pages 83-84
    3. James Forder
      Pages 85-131
    4. James Forder
      Pages 133-157
    5. James Forder
      Pages 159-195
    6. James Forder
      Pages 197-198
  5. Friedman on Money

    1. Front Matter
      Pages 199-199
    2. James Forder
      Pages 201-202
    3. James Forder
      Pages 215-260
    4. James Forder
      Pages 291-306

About this book


This book examines the work of Milton Friedman, which is amongst the most significant in modern economics and, equally, amongst the most contentious. Although Friedman became most famous for his views on money and monetary policy as well as his public writings, a large and important part of his work concerned other aspects of economics.

All parts of Friedman’s work are considered here, as is his account of his own life. By focussing on what Friedman wrote rather than what later authors have written about him, this volume seeks to analyse the character, qualities and development of the arguments he made.

This text is important for anyone interested in this both celebrated and reviled figure in economics. James Forder clarifies messages in Friedman’s writing that have otherwise so often been obscured by academic and public controversy.


Milton Friedman Monetary Policy Nobel Memorial Prize in Economic Sciences Consumption Analysis Monetary History Stabilisation Policy Chicago Price Theory Accelerated Inflation Macroeconomics Stagflation Floating Exchange Rates Negative Income Tax The Quantity Theory of Money The Phillips Curve Monetary trends in the United States Monetary trends in the United Kingdom History of Economic Thought Theory of unemployment

Authors and affiliations

  1. 1.Balliol CollegeUniversity of OxfordOxfordUK

About the authors

James Forder is Andrew Graham Fellow and Tutor in Political Economy, Balliol College, University of Oxford, UK.

Bibliographic information