Book Reviews
Edward Nelson of Federal Reserve Board reviews, “Milton Friedman” by William Ruger and “Milton Friedman: A Concise Guide to the Ideas and Influence of the Free-Market Economist” by Eamonn Butler. The EconLit Abstract of the first reviewed work begins: “Explores Milton Friedman's intellectual contribution to libertarian and conservative economic methodology and current understanding of economic phenomena. Discusses the intellectual biography and historical context; economic and political thought; reception and influence; and contemporary relevance. Ruger is at Texas State University. Bibliography; index.” The EconLit Abstract of the second reviewed work begins: “Presents an introduction to the economic ideas and the public policy thinking of Milton Friedman. Discusses the economist who changed everything; how to end financial crises; curing inflation and unemployment; a bonfire of controls; the failure of government; the merits of markets; and freedom and equality.”