Works of Milton Friedman

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Books and articles for general audiences

• Wall Street Journal, Nov. 17, 2006, p. A20 (last words, with lovely NBER
  NBER
  
  NBER may refer to:*National Bureau of Economic Research*Nittany and Bald Eagle Railroad...
  -type figure)
• J. Daniel Hammond and Claire H. Hammond, ed., Making Chicago Price Theory: Friedman-Stigler Correspondence, 1945-1957. Routledge, 2006. 165 pp. ISBN 0-415-70078-7.
• "Reflections on A Monetary History," The Cato Journal, Vol. 23, 2004, essay
• Two Lucky People: Memoirs (with Rose Friedman) ISBN 0-226-26414-9 (1998)
• George J. Stigler, 1911-1991: Biographical Memoir, (National Academy of Sciences: 1998),
• "The Case for Free Trade" with Rose Friedman, 1997, Hoover Digest magazine article
• Money Mischief: Episodes in Monetary History (1994) ISBN 0-15-162042-3, 28 6pp.
• George Stigler: A Personal Reminiscence, Journal of Political Economy Vol. 101, No. 5 (Oct., 1993), pp. 768-773
• "The Drug War as a Socialist Enterprise," in Arnold S. Trebach, ed. Friedman and Szasz on Liberty and Drugs: Essays on the Free Market and Prohibition (Drug Policy Foundation Press: 1992)
• Economic Freedom, Human Freedom, Political Freedom ISBN 1-883969-00-X (1992), short pamphlet
• The Essence of Friedman, essays edited by Kurt R. Leube, (1987) (ISBN 0-8179-8662-6)
• "The Case for Overhauling the Federal Reserve," (1985), Challenge magazine article
• Free to Choose: A personal statement
  Free to Choose
  
  Free to Choose is both a book and a ten-part television series, advocating US free market policy....
  , with Rose Friedman, (1980), highly influential restatement of policy views
• From Galbraith to Economic Freedom, Institute of Economic Affairs
  Institute of Economic Affairs
  
  The Institute of Economic Affairs , founded in 1955, styles itself the UK's pre-eminent free-market think-tank. Its mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems....
  , Occasional Paper 49 (1977)
• There's No Such Thing as a Free Lunch (1975), columns from Newsweek
  Newsweek
  
  Newsweek is an United States weekly newsmagazine published in New York City. It is distributed throughout the United States and internationally....
   magazine
• Unemployment versus Inflation?, Institute of Economic Affairs
  Institute of Economic Affairs
  
  The Institute of Economic Affairs , founded in 1955, styles itself the UK's pre-eminent free-market think-tank. Its mission is to improve understanding of the fundamental institutions of a free society by analysing and expounding the role of markets in solving economic and social problems....
  , Occasional Paper 44 (1975)
• Social Security: Universal or Selective? with Wilbur J. Cohen
  Wilbur J. Cohen
  
  Wilbur Joseph Cohen was an United States Social sciences and Federal government of the United States Civil service#United States. He was one of the key architects in the creation and expansion of the American welfare state and was involved in the creation of both the New Deal and Great Society programs....
   (1972)
• Capitalism and Freedom
  Capitalism and Freedom
  
  Capitalism and Freedom is a book by Milton Friedman originally published in 1962 in literature which discusses the role of economic capitalism in Liberalism society....
  (1962), highly influential series of essays that established Friedman's position on major issues of public policy
• Roofs or Ceilings?: The Current Housing Problem with George J. Stigler. (Foundation for Economic Education, 1946), 22 pp. attacks rent control
  Rent control
  
  Rent control refers to laws or ordinances that set price controls on the renting of residential housing. It functions as a price ceiling....
  

• The Power of Choice (2007) .
• Free to Choose
  Free to Choose
  
  Free to Choose is both a book and a ten-part television series, advocating US free market policy....
  (1980) (1990) .
• Free to Choose
  Free to Choose
  
  Free to Choose is both a book and a ten-part television series, advocating US free market policy....
  (1980) (1990)
• PRC Forum: Milton Friedman (1987) .
• Monetary Revolutions (1992) .
• Money (1992) .
• Efforts in Eastern Europe to Localize Government (1993) .
• Privatization Trends in Eastern Europe (1993) .
• Health Care Reform (1992) .

• Milton Friedman on Economics: Selected Papers by Milton Friedman, edited by Gary S. Becker (2008)
• "Professor Pigou's Method for Measuring Elasticities of Demand From Budgetary Data" The Quarterly Journal of Economics Vol. 50, No. 1 (Nov., 1935), pp. 151-163
• "Marginal Utility of Money and Elasticities of Demand," The Quarterly Journal of Economics Vol. 50, No. 3 (May, 1936), pp. 532-533
• "The Use of Ranks to Avoid the Assumption of Normality Implicit in the Analysis of Variance," Journal of the American Statistical Association Vol. 32, No. 200 (Dec., 1937), pp. 675-701
• "The Inflationary Gap: II. Discussion of the Inflationary Gap," American Economic Review Vol. 32, No. 2, Part 1 (Jun., 1942), pp. 314-320
• "The Spendings Tax as a Wartime Fiscal Measure," American Economic Review Vol. 33, No. 1, Part 1 (Mar., 1943), pp. 50-62
• Taxing to Prevent Inflation: Techniques for Estimating Revenue Requirements (Columbia U.P. 1943, 236pp) with Carl Shoup and Ruth P. Mack
• Income from Independent Professional Practice with Simon Kuznets (1945), Friedman's PhD thesis
• "Lange on Price Flexibility and Employment: A Methodological Criticism," American Economic Review Vol. 36, No. 4 (Sep., 1946), pp. 613-631
• "Utility Analysis of Choices Involving Risk" with Leonard Savage, 1948, Journal of Political Economy Vol. 56, No. 4 (Aug., 1948), pp. 279-304
• "A Monetary and Fiscal Framework for Economic Stability", 1948, American Economic Review, Vol. 38, No. 3 (Jun., 1948), pp. 245-264
• "A Fiscal and Monetary Framework for Economic Stability," Econometrica Vol. 17, Supplement: Report of the Washington Meeting (Jul., 1949), pp. 330-332
• "The Marshallian Demand Curve," The Journal of Political Economy Vol. 57, No. 6 (Dec., 1949), pp. 463-495
• "Wesley C. Mitchell as an Economic Theorist," The Journal of Political Economy Vol. 58, No. 6 (Dec., 1950), pp. 465-493
• "Some Comments on the Significance of Labor Unions for Economic Policy", 1951, in D. McC. Wright, editor, The Impact of the Union.
• "Commodity-Reserve Currency," Journal of Political Economy Vol. 59, No. 3 (Jun., 1951), pp. 203-232
• "Price, Income, and Monetary Changes in Three Wartime Periods," American Economic Review Vol. 42, No. 2, Papers and Proceedings of the Sixty-fourth Annual Meeting of the American Economic Association (May, 1952), pp. 612-625
• "The Expected-Utility Hypothesis and the Measurability of Utility", with Leonard Savage, 1952, Journal of Political Economy Vol. 60, No. 6 (Dec., 1952), pp. 463-474
• Essays in Positive Economics
  Essays in Positive Economics
  
  Milton Friedman's book Essays in Positive Economics has as its lead an original essay "The Methodology of Positive Economics," on which this article focuses....
  (1953)
• "Choice, Chance, and the Personal Distribution of Income," Journal of Political Economy Vol. 61, No. 4 (Aug., 1953), pp. 277-290
• "The Quantity Theory of Money: A restatement", 1956, in Friedman, editor, Studies in Quantity Theory.
• A Theory of the Consumption Function (1957)
• "A Statistical Illusion in Judging Keynesian Models" with Gary S. Becker, Journal of Political Economy Vol. 65, No. 1 (Feb., 1957), pp. 64-75
• "The Supply of Money and Changes in Prices and Output", 1958, in Relationship of Prices to Economic Stability and Growth.
• "The Demand for Money: Some Theoretical and Empirical Results," Journal of Political Economy Vol. 67, No. 4 (Aug., 1959), pp. 327-351
• A Program for Monetary Stability (Fordham University Press, 1960) 110 pp
• "Monetary Data and National Income Estimates," Economic Development and Cultural Change Vol. 9, No. 3, (Apr., 1961), pp. 267-286
• "The Lag in Effect of Monetary Policy," Journal of Political EconomyVol. 69, No. 5 (Oct., 1961), pp. 447-466
• Price Theory ISBN 0-202-06074-8 (1962), college textbook
• "The Interpolation of Time Series by Related Series," Journal of the American Statistical Association Vol. 57, No. 300 (Dec., 1962), pp. 729-757
• "Should There be an Independent Monetary Authority?", in L.B. Yeager, editor, In Search of a Monetary Constitution
• Inflation: Causes and consequences, 1963.
• "Money and Business Cycles," The Review of Economics and Statistics Vol. 45, No. 1, Part 2, Supplement (Feb., 1963), pp. 32-64
• A Monetary History of the United States, 1867-1960, with Anna J. Schwartz, 1963; part 3 reprinted as The Great Contraction
• "Money and Business Cycles" with A. J. Schwartz, 1963, Review of Economics & Statistics.
• "The Relative Stability of Monetary Velocity and the Investment Multiplier in the United States, 1898-1958", with D. Meiselman, 1963, in Stabilization Policies.
• "A Reply to Donald Hester", with D. Meiselman, 1964
• "Reply to Ando and Modigliani and to DePrano and Mayer," with David Meiselman. American Economic Review Vol. 55, No. 4 (Sep., 1965), pp. 753-785
• "Interest Rates and the Demand for Money," Journal of Law and Economics Vol. 9 (Oct., 1966), pp. 71-85
• The Balance of Payments: Free Versus Fixed Exchange Rates with Robert V. Roosa (1967)]
• "The Monetary Theory and Policy of Henry Simons," Journal of Law and Economics Vol. 10 (Oct., 1967), pp. 1-13
• "What Price Guideposts?", in G.P. Schultz, R.Z. Aliber, editors, Guidelines
• "The Role of Monetary Policy." American Economic Review, Vol. 58, No. 1 (Mar., 1968), pp. 1-17 presidential address to American Economics Association
• "Money: the Quantity Theory", 1968, IESS
• "The Definition of Money: Net Wealth and Neutrality as Criteria" with Anna J. Schwartz, Journal of Money, Credit and Banking Vol. 1, No. 1 (Feb., 1969), pp. 1-14
• 'Monetary vs. Fiscal Policy with Walter W. Heller (1969)
• "Comment on Tobin", 1970, Quarterly Journal of Economics
• "Monetary Statistics of the United States: Sources, methods. with Anna J. Schwartz, 1970.
• "A Theoretical Framework for Monetary Analysis," Journal of Political Economy Vol. 78, No. 2 (Mar., 1970), pp. 193-238
• The Counter-Revolution in Monetary Theory 1970.
• "A Monetary Theory of National Income", 1971, Journal of Political Economy
• "Government Revenue from Inflation," Journal of Political Economy Vol. 79, No. 4 (Jul., 1971), pp. 846-856
• "Have Monetary Policies Failed?" American Economic Review Vol. 62, No. 1/2 (1972), pp. 11-18
• "Comments on the Critics," Journal of Political Economy Vol. 80, No. 5 (Sep., 1972), pp. 906-950
• "Comments on the Critics", 1974, in Gordon, ed. Milton Friedman and his Critics.
• "Monetary Correction: A proposal for escalation clauses to reduce the cost of ending inflation", 1974
• The Optimum Quantity of Money: And Other Essays (1976)
• Milton Friedman in Australia, 1975 (1975)
• Milton Friedman's Monetary Framework: A Debate with His Critics (1975)
• "Comments on Tobin and Buiter", 1976, in J. Stein, editor, Monetarism.
• "Inflation and Unemployment: Nobel lecture", 1977, Journal of Political Economy
  Journal of Political Economy
  
  The Journal of Political Economy is an academic journal run by economists at the University of Chicago and published every two months. The journal publishes articles in both economic theory and practice....
  . Vol. 85, pp. 451-72.
• "Interrelations between the United States and the United Kingdom, 1873-1975.", with A.J. Schwartz, 1982, J Int Money and Finance
• Monetary Trends in the United States and the United Kingdom: Their relations to income, prices and interest rates, 1876-1975. with Anna J. Schwartz, 1982
• "Monetary Policy: Theory and Practice," Journal of Money, Credit and Banking Vol. 14, No. 1 (Feb., 1982), pp. 98-118
• "Monetary Policy: Tactics versus strategy", 1984, in Moore, editor, To Promote Prosperity.
• “Lessons from the 1979-1982 Monetary Policy Experiment, ” Papers and Proceedings, American Economic Association
  American Economic Association
  
  The American Economic Association, or AEA, is the oldest and most important professional organization in the field of economics. It was established in 1885 by religious and social reformer Richard T....
  . pp. 397-401. (1984).
• "Has Government Any Role in Money?" with Anna J. Schwartz, 1986, JME
• "Quantity Theory of Money", in J. Eatwell, M. Milgate, P. Newman, eds., The New Palgrave (1998)
• "Money and the Stock Market," Journal of Political Economy Vol. 96, No. 2 (Apr., 1988), pp. 221-245
• "Bimetallism Revisited," Journal of Economic Perspectives Vol. 4, No. 4 (Autumn, 1990), pp. 85-104
• "The Crime of 1873," Journal of Political Economy Vol. 98, No. 6 (Dec., 1990), pp. 1159-1194
• "Franklin D. Roosevelt, Silver, and China," Journal of Political Economy Vol. 100, No. 1 (Feb., 1992), pp. 62-83

• Chao, Hsiang-ke. "Milton Friedman and the Emergence of the Permanent Income Hypothesis" History of Political Economy 2003 35(1): 77-104. ISSN 0018-2702 Fulltext in Project Muse
• A.W. Bob Coats; "The Legacy of Milton Friedman as Teacher" Economic Record, Vol. 77, 2001
• Doherty, Brian
  Brian Doherty (journalist)
  
  Brian Doherty is a Senior Editor at Reason magazine. He is the author of This is Burning Man ,Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement and Gun Control on Trial: Inside the Supreme Court Battle Over the Second Amendment ....
  . Radicals for Capitalism: A Freewheeling History of the Modern American Libertarian Movement (2007)
• Ebenstein, Lanny. Milton Friedman: A Biography (2007)
• Frazer, William. Power and Ideas: Milton Friedman and the Big U-Turn. Vol. 1: The Background. Vol. 2: The U-Turn. Gainesville, Fla.: Gulf/Atlantic, 1988. 867 pp.
• Hammond, J. Daniel. "Remembering Economics" Journal of the History of Economic Thought 2003 25(2): 133-143. ISSN 1042-7716; focus is on Friedman
• Hirsch, Abraham, and Neil de Marchi. Milton Friedman: Economics in Theory and Practice (1990) his methodology
• Jordan, Jerry L., Allan H. Meltzer
  Allan Meltzer
  
  Allan H. Meltzer is an United States economist and professor of Political Economy at Carnegie Mellon University's Tepper School of Business in Pittsburgh, Pennsylvania....
  , Thomas J. Sargent and Anna J. Schwartz; "Milton, Money, and Mischief: Symposium and Articles in Honor of Milton Friedman's 80th Birthday" Economic Inquiry. Volume: 31. Issue: 2. 1993. pp 197+. in JSTOR
• Kasper, Sherryl. The Revival of Laissez-Faire in American Macroeconomic Theory: A Case Study of Its Pioneers (2002)
• Krugman, Paul. "Who Was Milton Friedman?" New York Review of Books Vol 54#2 Feb. 15, 2007
• Leeson, Robert, ed. Ideology and International Economy: The Decline and Fall of Bretton Woods (2003)
• Powell, Jim. The Triumph of Liberty (New York: Free Press, 2000). See profile of Friedman in the chapter "Inflation and Depression."
• Rayack; Elton. Not So Free to Choose: The Political Economy of Milton Friedman and Ronald Reagan Praeger, 1987; attacks Friedman's policies from the left
• Steindl, Frank G. "Friedman and Money in the 1930s" History of Political Economy 2004 36(3): 521-531. ISSN 0018-2702 lecture notes from his 1940 course show he did not criticize the Fed at that time, and did not emphasize money.
• Tavlas, George S. "Retrospectives: Was the Monetarist Tradition Invented?" Journal of Economic Perspectives 1998 12(4): 211-222. ISSN 0895-3309 Fulltext in JSTOR
• Stigler, George Joseph. Memoirs of an Unregulated Economist (1988)
• Wahid, Abu N. M. ed; Frontiers of Economics: Nobel Laureates of the Twentieth Century. Greenwood Press. 2002 pp 109-15.
• Walters, Alan (1987), “Friedman, Milton," New Palgrave: A Dictionary of Economics, v. 2, 422-26
• Wikipedia--Daniel E. Witte
  Daniel E. Witte
  
  Daniel E. Witte is a prominent attorney, scholar, political thinker, and founder of the Quaqua Foundation. He is known for theories and historical research involving such topics as the Parental Liberty Doctrine, captive audiences, habeas corpus, alternative education, and relationships between fiscal incentives and moral hazards in mediating inst...
  --(Under "Clerkship, Early Career, and Collaboration with Dr. Milton Friedman"). Dr. Milton Friedman's views about the economics of home education.