Was Milton Friedman crucial libertarian of all of them? That is a part of the dialog I had with as we speak’s visitor, Stanford historian Jennifer Burns, who has written a masterful and definitive new biography of the Nobel Prize–profitable economist. With out reservation, I like to recommend you try her new e book, Milton Friedman: The Final Conservative.
Friedman was arguably not simply probably the most influential free market economist of the twentieth century however the central determine in constructing the broad political and mental coalition that efficiently challenged Keynesian economics and the top-down rule of specialists in so many elements of our lives. I talked with Burns about Friedman’s conceptual and methodological breakthroughs in economics; his way-ahead-of-his-time collaboration with feminine economists akin to Anna Schwartz and his spouse Rose; his position in popularizing free market economics by way of his columns in Newsweek and the TV sequence Free To Select; his controversial engagements with politicians akin to Richard Nixon and Augusto Pinochet; and his position in ending the army draft and championing college selection. We additionally talked about Burns’ earlier e book, Goddess of the Market: Ayn Rand and the American Proper, and its connections to her new work.
This episode was taped on the Cause Speakeasy, a month-to-month, unscripted dialog in New York Metropolis with outspoken defenders of free pondering and heterodoxy that doubles as a dwell taping of this podcast. Go right here to get details about Speakeasys and all our upcoming occasions.