Free to Choose sold some 400,000 hardcover copies in the U.S. in its first year, has been translated into twelve foreign languages, and was issued in early 1981 as a mass-market paperback. The difference …

Friedman was widely regarded as the leader of the Chicago School of monetary economics, which stresses the importance of the quantity of money as an instrument of government policy and as a …

Milton Friedman was awarded the Nobel Prize in economics in 1976. The following essay, which is reprinted in its entirety, is the most influential work on economic methodology of this century.

By that standard, Milton Friedman was one of the most infl uential economists of all time. He revolutionized the way economists think about consumption, about money, about stabilization policy, …

Mr. Friedman was awarded the Nobel Prize for Economic Science in 1976. He was best known for explaining the role of money supply in economic and inflation fluctuations. By managing the amount …

* Excerpts from Capitalism and Freedom by Milton Friedman, with Rose D. Friedman, University of Chicago Press, Chicago, 1962. The free man will ask neither what his country can do for him nor …

When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," I am reminded of the wonderful line about the Frenchman who discovered at the …