QUESTION: I thought you were going to say that the big crisis that started turning people around was the inflation and the stagflation of the 1970s, that's where we hit a wall. MILTON FRIEDMAN ...

Main Street: "Inflation is just like alcoholism," said economist Milton Friedman. "In both cases...the good effects come first, the bad effects only come later." Could there be a lesson here for ...

Biden’s experts might rediscover that it is difficult to control or stop inflation once it begins. And Milton Friedman will have his revenge.

Nobel Prize-winning economist Milton Friedman ... Mont Pelerin Society. To Friedman, the quantity of money is the most important determinant in business cycles and inflation, and, accordingly ...