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Why Is There No Milton Friedman Today?

Robert Solow

Econ Journal Watch, 2013, vol. 10, issue 2, 214-216

Abstract: I suggest that the historical Milton Friedman arose as the rare conjunction of a special person and a very favorable environment. So a successor is unlikely. This is a good thing. The dominance of a Milton Friedman type, right or left, is bad for economics and for society. It attracts resources toward fruitless debates and away from possibly productive research and discussion.

Keywords: Milton Friedman; economics; economists (search for similar items in EconPapers)
JEL-codes: A11 A13 A14 B2 B3 (search for similar items in EconPapers)
Date: 2013
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