PL EN


2007 | 55 | 3 | 250-266
Article title

MILTON FRIEDMAN AND HIS CONTRIBUTION TO THE ECONOMIC SCIENCE

Authors
Title variants
Languages of publication
SK
Abstracts
EN
The article focuses on Milton Friedman's contribution to the economic science. Milton Friedman belongs to the outstanding economists of the past century; he was one of the founders of the Chicago School, the symbol of monetarism and the leader of the contemporary economic liberalism. Milton Friedman considered free market as the most efficient form for the economy. His contribution to the economic science development is extraordinary. It concerns not only the pure theory and methodology of economic analysis but also empirical analysis, economic policy and the area of basic issues on the comparative economic systems. The core of Friedman's input to the pure economic theory is the first of all his monetary theory - the money-demand and the money-supply conceptions, inflation, as well as the mutual relations between inflation and unemployment.
Contributors
  • V. Gonda, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republic
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
07SKAAAA02465126
YADDA identifier
bwmeta1.element.1c0d4ba2-87ad-3a13-99c3-8bc444b8c202
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