Milton Friedman regards freedom as the major objective in relations among individuals and believes that the preservation of freedom requires limiting narrowly the role of government and placing primary reliance on private property, free markets, and voluntary arrangements.

Dollars and Deficits: Inflation, Monetary Policy and the Balance of Payments

Business & Money

Mark Friedman

Milton, Friedman

Economics

PRENTICE/HALL

Analyzes the failure of the Reagan Administration's attempts to greatly reduce taxes, regulations, and government spending and suggests practical changes

Tyranny of the Status Quo (Pelican)

Penguin Books, Ltd.

Bright Promises Dismal Performance

Harcourt

Free to Choose: A Personal Statement

A Nobel Prize-winning economist and his wife argue that free-market forces work better than government controls for achieving real equality and security, protecting consumers and workers, providing education, and avoiding inflation and unemployment

ROSE FRIEDMAN

The Tyranny of the Status Quo

Houghton, mifflin, harcourt

The Optimum Quantity of Money, and Other Essays.

This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing on specific topics related to the empirical analysis of monetary phenomena and policy. The early chapters cover factors determining the real quantity of money held in a community and the welfare implications of policies that affect the quantity held. The following chapters formally restate why quantity analysis has become central to the science of economics. Friedman's presidential address to the American Economic Association, included here, provides a general summary of his views on the role of monetary policy, with an emphasis on its limitations and its possibilities. This theoretical framework is used in examining a number of empirical problems: the demand for money, the explanation of price changes in wartime periods, and the role of money in business cycles. These essays summarize some of the most important results of Friedman's extensive research over the course of his lifetime. The chapters on policy that follow survey the positions of earlier economists and deal with the importance of lags and the implications of destabilizing speculation in foreign markets. Taken as a whole, The Optimum Quantity of Money provides a comprehensive view of the body of monetary theory developed in leading centers of monetary analysis. This work is essential reading for economists and graduate students in the field. The volume will be no less important for practicing business and banking personnel as well. The new statement by Michael Bordo, a student of Friedman's and an expert in the field, provides a sense of where the field now stands in the economy and academy.

The Optimum Quantity of Money: And Other Essays

Aldine Transaction

This work provides a systematic statement of the theoretical position of the Chicago school on monetary economics. Milton Friedman restates the quantity theory of money and discusses the significance of its revival after a period of eclipse by the Keynesian view. Four empirical studies by Phillip Cogan, John J. Klein, Eugene M. Lerner, and Richard T. Selden are provided in support of the theory. The four studies...of inflation during and after the world wars and in the U.S. over the past century...show a striking regularity in economic response to monetary change. They will be of particular interest to monetary theorists, to empirical investigators in this area, and to economic historians and theorists generally. CONTENTS: The Quantity Theory of Money...A Restatement (Friedman) * The Monetary Dynamics of Hyperinflation (Cagan) * German Money and Prices, 1932-44 (Klein) * Inflation in the Confederacy, 1861-65 (Lerner) * Monetary Velocity in the United States (Selden)

Studies in the Quantity Theory of Money

Phillip Cagan

John J. Klein

Eugene M. Lerner

Richard T. Selden

University of Chicago Press

Capitalism and Freedom

Verdict on rent control: essays on the economic consequences of political action to restrict rents in five countries (IEA readings)

Friedrich A. Hayek

George J. Stigler

Bertrand De Jouvenel

F.W. Paish

Sven Rydenfelt

Institute Of Economic Affairs

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Books by Milton, Friedman