SAN FRANCISCO, CA - 1986: Nobel Prize-winning economist Milton Friedman poses with a sculpture of himself during a 1986 San Francisco, California, photo portrait session. For much of the 1980s, ...

In her account of the destructiveness of inflationary policies (“How Inflation Ended Neoliberalism,” op-ed, Nov. 16), Jennifer Burns asserts that Milton Friedman “would likely have supported” some of ...

Today marks the 113th birthday of economist Milton Friedman, one of history’s most consequential free-market advocates. Reflecting on the work of Friedman this year reminds us how much more sound and ...

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Inflation may be ever so slowly cooling ...

“Inflation is always and everywhere a monetary phenomenon,” Milton Friedman once said. In other words, don’t blame greed — blame the politicians who control the money supply. Ron Paul called inflation ...

A basic fact that makes monetary policy difficult even in the best of times is that it operates with what Milton Friedman characterized as long and variable lags. To make the right interest rate ...