Given the mistakes of central bankers, economists should look again at Friedman’s ideas, not least his warning that mathematical models were little more than an exercise in statistical tautology.
Milton Friedman’s economic legacy
Milton Friedman’s economic legacy
Milton Friedman’s economic legacy
Given the mistakes of central bankers, economists should look again at Friedman’s ideas, not least his warning that mathematical models were little more than an exercise in statistical tautology.