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Milton Friedman: Nicht nur ein „Monetarist“!

Martin Leschke

Wirtschaftsdienst, 2012, vol. 92, issue 8, 541-546

Abstract: Milton Friedman was one of the most prominent advocates of free market economics. Of course, Friedman is popularly recognized for monetarism. His so-called money supply rule and his scepticism of public debt are being rediscussed seriously in the light of the present crises. But Friedman was more than a monetarist. His famous thesis „The Social Responsibility of Business is to Increase its Profits“ caused a heated debate that continues today. In a similar way Friedman initiated a controversial discussion by introducing an argument in support of unrealistic assumptions (in his essay „The Methodology of Positive Economics“). Furthermore, his very clear and concrete proposals to promote a liberal society will be remembered long after his death. Copyright ZBW and Springer-Verlag 2012

Keywords: E5; B41 (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/s10273-012-1417-9

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