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thehayride.com /5 days ago

ALEXANDER: Nobel Prize Winner Milton Friedman Merits Praise in Age of Socialism

5o years ago, economist Milton Friedman was awarded the Nobel Prize in economics. Friedman distinguished himself with his belief in free-market capitalism with minimal government...

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forbes.com /2 weeks ago

Who Needs Central Planning When We Have Conservatives?

Milton Friedman's monetarism is Keynesianism’s something-for-nothing variant.

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forbes.com /1 week ago

We Must Put To Bed The Milton Friedman Myth About The Great Depression

Short of erecting impregnable police states, governments can’t keep exchange media from circulating where exchange takes place.

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econlib.org /3 weeks ago

Prices as a Map for Minds That Can’t Know Everything

Reading Dean Ball’s recent essay “On the Loose” has me thinking about an old idea in a new light. Ball asks us to imagine a world containing “self-sovereign” AI agents. These are n...

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forbes.com /6 days ago

Milton Friedman & Keynes Both Thought Government Could Stop Recessions

Resource-bereft governments that most certainly cannot increase “demand” through spending can hardly do so via monetary policy.

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marginalrevolution.com /2 weeks ago

Against Laissez-Faire Democracy

In a new paper, Brennan and Freiman argue persuasively that: the arguments against laissez-faire capitalism apply in a rather straight way against laissez-faire democracy. This sho...

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econlib.org /1 month ago

The Economist Who Forgot Economics

Daron Acemoglu won the Nobel Prize in economics in 2024 and is the third most cited economist of all time. Thus, the paradox of his new book, What Happened to Liberal Democracy?, i...

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econlib.org /1 month ago

The Economist Who Forgot Economics

Daron Acemoglu won the Nobel Prize in economics in 2024 and is the third most cited economist of all time. Thus, the paradox of his new book, What Happened to Liberal Democracy?, i...

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marginalrevolution.com /1 week ago

Michael Woodford Wins Nobel

No one since Milton Friedman has done more to shape how central bankers think about their jobs than Michael Woodford. Woodford’s Interest and Prices (2003) has been called the cent...

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econlib.org /1 week ago

The Liberty Fund Prize for Advancing Economic Liberty Presented by The Neal and Jane Freeman Foundation

Senator Phil Gramm and Professor Donald Boudreaux have been named the inaugural recipients of The Liberty Fund Prize for Advancing Economic Liberty, presented by The Neal and Jane...

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marginalrevolution.com /1 week ago

Michael Woodford, Nobel Laureate

I think of Michael Woodford as the kind of economist who studies something very specific very intensively and tries to get it just right. But in his case he is not studying someth...

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econlib.org /1 week ago

A Nobel for Microfoundations

This year, the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, colloquially called the Nobel Prize in Economics, went to Robert E. Hall of Stanford Universi...

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theguardian.com /3 weeks ago

John Maynard Keynes: the cultured economist who governments turn to in a crisis

A new play about the art-loving Bloomsbury Group member speaks of the enduring battle of ideas with his free-market rival Friedrich HayekThe sound of guns from the advancing German...

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econlib.org /4 weeks ago

The Constitution of Liberty in the Era of AI

We are living through a great social transformation comparable to the industrial revolution. What sets it apart is not only its magnitude, but its multidimensional convergence: tec...

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conversableeconomist.com /1 week ago

1974: When Both Nobel Economists Proposed Abolishing the Prize

The Nobel prize in economics was awarded for the sixth time in 1974 (that is, it was first awarded in 196) to Gunnar Myrdal and Friedrich von Hayek “for their pioneering work in th...

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opinion.inquirer.net /1 week ago

Stagflation: Manufacturing a way out (1)

Among philosophical dilettantes, it’s fashionable to misrepresent the likes of Plato as antidemocracy thinkers. This could be no farther from the truth. For those of us who had the...

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lawliberty.org /1 month ago

Making Economics Humane Again

The American vice-president, among others, is no great fan of global trade. He has criticized Margaret Thatcher, Milton Friedman, and the Wall Street Journal editorial board, sugge...

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dailymail.com /3 weeks ago

The man who created the Laffer Curve says the UK is taxing itself to death, says Hamish McRae

The new Chancellor doesn't understand what is happening and the PM isn't interested.

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japantimes.co.jp /1 week ago

The Nobel Prize in economics is a message to the Fed

An open Fed is a more credible Fed that will find stronger societal support at a time when its integrity is under attack by Donald Trump.

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foreignpolicy.com /1 week ago

How This Year’s Economics Nobel Winners Shaped the World

The work of Michael Woodford and Robert Hall laid the groundwork for today’s central bankers.

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wattsupwiththat.com /8 hours ago

Washington Post on Natural Gas: No Plan = Best Plan (channeling F. A. Hayek)

The editorial board of the Washington Post last month gave a shout out to natural gas. Kudos to the Post for magnifying the obvious. The post Washington Post on Natural Gas: No Pla...

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marginalrevolution.com /1 week ago

The Nobel Prize Goes to Robert Hall and Michael Woodford

Twenty-five years ago Tyler told me he thought Robert Hall should win the Nobel. He has been a contender for so long today’s award was a surprise! Hall has an unusual number of une...

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thehayride.com /1 month ago

Quote of the Day, September 2, 2026

“The most important single central fact about a free market is that no exchange takes place unless both parties benefit.” – Milton Friedman The post Quote of the Day, September 2,...

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marginalrevolution.com /1 week ago

Robert E. Hall, Nobel Laureate

Alex has already covered this, I will add a few remarks. First, every Bob Hall paper is interesting! Only a handful of economists can say the same. Every paper has an idea, and s...

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