Milton Friedman, Eamonn Butler
Milton Friedman, Eamonn Butler
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Milton Friedman
A Guide to His Economic Thought

Author: Eamonn Butler

Narrator: Jeff Riggenbach

Unabridged: 7 hr 21 min

Format: Digital Audiobook Download

Published: 02/14/2014


Synopsis

One of the great economists of the twentieth century, Milton Friedman has always challenged the prevailing economic orthodoxy. At the same time, his work has become popular because it is engagingly written and because it helps in practical prediction. Thanks to Friedman, money is now regarded as a far more powerful factor than it had been before. It offers the prospect of permanently controlling the inflation that has become the most important economic problem of our age. Eamonn Butlers clear, systematic, perceptive study deftly describes Friedmans ideas and explains their significance. Starting with a short survey of Friedmans career, Dr. Butler goes on to analyze the main elements in his thought, including the importance of monetary policy, the supply of money, the factors that influence demand, the causes and nature of inflation, and much more.

About Eamonn Butler

Dr. Eamonn Butler is the director of the influential UK think tank, the Adam Smith Institute, where he has spent three decades privatizing state industries, reforming public administrations and instructing government leaders around the world on market economics. With degrees in Economics, Psychology and Philosophy from St. Andrews University, Dr. Butler is superbly qualified on the mechanics, mentality and morals of markets. His highly readable introductions to free-market thinkers including Adam Smith, Ludwig von Mises, and Nobel economists F. A. Hayek and Milton Friedman have won wide acclaim and been translated into many languages.


Reviews

Goodreads review by Ken on July 03, 2012

Recently, I've been having an intense craving to learn the mechanics of economics. I've recently herd of a fellow called Milton Friedman and how great of an economist he was, so I looked into him and his views. I agreed with alot of his material. He seemed suitable enough to learn from, so I decided......more

Goodreads review by Rafael on November 11, 2020

Muy buen libro para concer las ideas y aportaciones de uno de los más grandes e influyentes economistas de la era moderna, Milton Friedman. La primera parte del libro puede ser más interesante para estudiosos serios de la economía que para el público en general. En ella se describen las aportaciones......more

Goodreads review by Sheldon on November 09, 2022

An excellent read that gives a great summary of Milton Friedman's economic thinking. The book covers a range of economic thought and, as such, can get a little dry and difficult at times. It offers, however, some great explanations of how macroeconomic thinking can provide guidance and understanding......more

Goodreads review by Ahmad on January 24, 2021

Perhaps I am confused with the scope and purpose of the book, but even for a "lay-person" introductory piece it is still too shallow. The book includes some clever interpretations of Friedman's thoughts and examples of their "success," but limited explanation of why such methods might work. So, at o......more

Goodreads review by Ivo on September 17, 2017

This book is very focused in the monetary policy and the supply of money, and it's effect on prices and economic expansion, it shows the problems of a irregular velocity of the generation of money, because the monetary expansion will lead to increases on prices, but not in a predictable way, and the......more