Show Notes
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#positiveeconomics #monetarism #moneysupplyandinflation #classicalliberalismandconservatism #ArthurBurnsandAnnaSchwartz #MiltonFriedman
Milton Friedman: The Last Conservative is a biography of the economist Milton Friedman by historian Jennifer Burns. Rather than presenting him only as a famous free-market advocate, the book places him within the broader intellectual and political history of the 20th century. Burns draws on archival research to trace Friedman’s development from his upbringing in New Jersey and education at Rutgers and the University of Chicago to his rise as one of the century’s most influential public intellectuals. The book is both a scholarly biography and an account of how economic ideas move into politics, media, and policymaking. It focuses on Friedman’s method of positive economics, his major theories in monetary economics, and his role in shaping modern conservatism. At the same time, it examines his relationships with colleagues, policymakers, and collaborators, showing how personal networks helped turn academic arguments into public influence.