Opinions expressed by Forbes Contributors are their own. In a video that’s gone viral, the late Milton Friedman correctly asserts about inflation that “consumers don’t produce it,” and ...

Oliver Hart is a professor of economics at Harvard University ... Oliver Hart: The basic idea - it starts from something that Milton Friedman said in an article in The New York Times Sunday ...

Instead, policymakers would be wise to consult the teachings of Nobel laureate economist Milton Friedman: "you don't let ...

Though standing around five feet tall, Milton Friedman was a giant ... at the University of Chicago. Friedman earned the highest recognitions an economist can receive: the John Bates ...

Adam Smith’s “The Wealth of Nations” and Nobel-winning economist Milton Friedman tell us that government subsidies are always ...

Today, monetarism is mainly associated with Nobel Prize–winning economist Milton Friedman. In his seminal work A Monetary History of the United States, 1867–1960, which he wrote with fellow economist ...

When we think and talk about greed, as the (in)famous economist Milton Friedman once pointed out, we almost always attribute it to others because greed bothers our moral sentiments. Economists use ...

I’ve become a believer in systems, and that most things that happen are because of the incentives and the intended (or unintended) consequences of previous decisions. I wasn’t supposed to go into the ...

For more than a century, UChicago scholars’ groundbreaking theories have redefined the field of economics—from Milton Friedman’s ideas on monetary policy and Gary Becker’s theory of human capital to ...