Monetary Policy and the Legacy of Milton Friedman.
By The Cato Journal
- Release Date: 2008-03-22
- Genre: Politics & Current Events
Description
So many well-deserved tributes have been paid to the memory of Milton Friedman that I propose to pay him tribute in a special way by talking about my long association with him. Before I do so, I note his activities before the 1950s, when we started working together. For the record, Friedman was not a monetarist when our collaboration began. The National Bureau of Economic Research was then located at 1819 Broadway, now the site of the Time Warner Center. At that time, the research program of that organization was divided between the measurement of national income and the study of business cycles.
