Why did Milton Friedman win the Nobel Prize? a consideration of his early work on stabilization policy
One of the aspects of Milton Friedman’s work which won him the Nobel Prize was “his demonstration of the complexity of stabilization policy.” We consider the question of what that meant, suggesting that his early 1950s “formal analysis” of the effects of full-employment policy was his most important...
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| Format: | Journal article |
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Econ Journal Watch
2019
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