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Siegel on Friedman

Wharton finance professor Jeremy Siegel offers a very accessible synopsis of the impact of Milton Friedman's body of work - his revolutionary (or counter-revolutionary, if you're a Keynesian) perspective on the relationship between inflation and unemployment, his resolute (and repeatedly validated) adherence to the tenets of free market capitalism, and his prescient understanding of the role of the central bank.

If it sounds dry or abstruse (or if you're a Keynesian), consider the fact that we likely have Friedman's insights to thank for the fact that 9/11 didn't plunge us into a depression.

Previously: Milton Friedman Dead at 94

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Siegel on Friedman

Wharton finance professor Jeremy Siegel offers a very accessible synopsis of the impact of Milton Friedman's body of work - his revolutionary (or counter-revolutionary, if you're a Keynesian) perspective on the relationship between inflation and unemployment, his resolute (and repeatedly validated) adherence to the tenets of free market capitalism, and his prescient understanding of the role of the central bank.

If it sounds dry or abstruse (or if you're a Keynesian), consider the fact that we likely have Friedman's insights to thank for the fact that 9/11 didn't plunge us into a depression.

Previously: Milton Friedman Dead at 94