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Milton Friedman: Perspectives, Particularly on Monetary Policy
Robert J. Barro
Harvard University
November 2006
When my son Jason was an economics Ph.D. student at Harvard in the 1990s, he
said: “I have observed that only two economists can push you around, Milton Friedman
and Gary Becker.” I agreed but argued that it was a good thing. Everyone needed
heroes, and Gary had only Milton. Milton had no one, except Ronald Reagan in the
1980s, but Reagan d
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