MILTON FRIEDMAN A JEHO PRÍNOS DO EKONOMICKEJ VEDY

• Authors: Gonda Vladimír

Title variants

EN

Milton Friedman and his contribution to the economic science

• 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.

Keywords

EN

CHICAGO SCHOOL; FREE MARKET; FRIEDMAN MILTON; LIBERALISM; MONETARISM

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2007
• Volume: 55
• Issue: 3
• Pages: 250-266
• Document type: ARTICLE

Contributors

author

Gonda Vladimír

• Ekonomická univerzita vBratislave, Národohospodárska fakulta, Kated-ra ekonomickej teórie, Dolnozemská cesta 1, 852 35 Bratislava, Slovak Republic

• V. Gonda, Ekonomicky ustav SAV, Sancova 56, 811 05 Bratislava 1, Slovak Republic

Identifiers

CEJSH db identifier

07SKAAAA02465126