Milton Friedman

A Guide to His Economic Thought

By: Eamonn Butler

Narrated by: Jeff Riggenbach

One of the great economists of the 20th 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 Butler’s clear, systematic, perceptive study deftly describes Friedman’s ideas and explains their significance. Starting with a short survey of Friedman’s 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.

©1985 Eamonn Butler (P)2000 Blackstone Audio, Inc.

this is one of my favourite books I've ever read

Milton Friedman is hands down my favourite economist (but I believe that Adam Smith was the greatest economist of all time). The first book I ever read for pleasure in my life was Capitalism and Freedom when I was in high school and I have watched almost every YouTube video involving Dr. Friedman there is. But this book is probably my favourite book I've read involving him.

I'm a 20 year old mathematics and economics major right now and one day I plan to get my PhD in economics.

Monetary theories made easy

Lacks the heady complexity of Economic books but easily reveals & puts through to difficult economic expressions to the level of the layman's comprehension. Brilliant analysis of monetary theories.

Milton Friedman for dummies, well not quite.

This is not just a review but a critical take on Friedman's theories in order to make them more accessible to non economists. It gives a good overview to the common sense approach to economics that characterized Milton Friedman's take on the subject (or science as he would have preferred). It is not "summer listening" though.

A Nice Summary

Although reading Friedman’s works is highly recommended, this does a good job of summarizing Friedmans’s overall views on economics. It is definitely worth revisiting.

Loved the theory

I read the book because it was included with the subscription and I wanted to learn more about Friedman’s work. I liked it a lot. Next step is to read each of his books.