Yet, in the end, no one did more to dethrone both. Ironically, Friedman began his career as a believer in both Keynesian economics and in the liberals’ vision of the world with which it was so compatible. No small part of Friedman’s achievement was rescuing economics from the pervasive and virtually unquestioned Keynesian orthodoxy that reigned in many places. Milton Friedman may well have been the most important economist of the 20th century, even if John Maynard Keynes was the most famous.
Indeed, his television series, "Free to Choose," was readily understandable even by people who don’t read books. He could express himself at the highest analytical levels to his fellow economists in academic publications and still write popular books such as "Capitalism and Freedom" and "Free to Choose" that could be understood by people who knew nothing about economics.
Milton Friedman was one of the very few intellectuals with both genius and common sense.
0 kommentar(er)
