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Milton Friedman and the Making of Our Times (w/ Jennifer Burns)

Know Your Enemy

NOTE

Friedman as a Romantic Artist in Economics

John Kenneth Galbraith once criticized Friedman as being more of a romantic artist than an economist, suggesting that Friedman tapped into the American romance of unfettered self-expression and individual freedom in his work. Galbraith seemed to hint at Friedman's successful incorporation of the idea of inner freedom and self-expression into economics, politics, and policy, similar to the way Keynes brought about a shift in human consciousness. While Friedman's work may endure as a representation of this notion, there will always be room for someone new to come along and offer a different perspective, just as Friedman did as the counterpoint to Keynes.

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