Milton Friedman is almost single-handedly responsible for there being any political and ideological diversity in the field of economics at all.

Drawn from what Jennifer Burns said

What this subject means

economists The economists themselves and the schools they founded -- Smith, Mill, Keynes, Hayek, Friedman -- rather than any one economic question.

What Jennifer Burns actually said

Jennifer Burns 19 Jan 2025 Historian of ideas at Stanford University and the Hoover Institution

And almost single-handedly, Friedman will introduce political and ideological diversity into the field of economics because, from his beachhead in Chicago, he will develop the theory of monetarism.

Where this was said
Watch from 1:01:26 plays here
↗Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom | Lex Fridman Podcast #457youtube.com

19 Jan 2025 · video · 3h 54m · spoken · official transcript

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