Intellectual vision and economic policy in the system of Milton Friedman

Littleboy, Bruce, 1956- (1977). Intellectual vision and economic policy in the system of Milton Friedman Honours Thesis, School of Economics, The University of Queensland.

       
Attached Files (Some files may be inaccessible until you login with your UQ eSpace credentials)
Name Description MIMEType Size Downloads
THE15412.pdf Full text application/pdf 6.63MB 0
Author Littleboy, Bruce, 1956-
Thesis Title Intellectual vision and economic policy in the system of Milton Friedman
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1977
Thesis type Honours Thesis
Total pages 96
Language eng
Subjects 14 Economics
Formatted abstract
Individuals have different beliefs about the nature and behaviour of a social system. Throughout Friedman's works his vision influences his interpretation of empirical evidence and determines his policy recommendations. If his critics explain the same data differently and advocate alternative programmes, that is because they have other visions.

Consequently, positive science may never resolve many important controversies in economics.

An understanding of Friedman's vision is required if one is to comprehend his libertarian economics in general and his macroeconomics in particular. When Friedman's critics argue that controlling the quantity of money will not stabilize macroeconomic behaviour, it is on account of their different visions.


Document type: Thesis
Collection: UQ Theses (non-RHD) - UQ staff and students only
 
Citation counts: Google Scholar Search Google Scholar
Created: Mon, 22 Nov 2010, 11:02:50 EST by Ning Jing on behalf of The University of Queensland Library