Bright Promises, Dismal Performance: An Economists Protest

The noted Nobel Prize-winning economist, Milton Friedman, writes here on current issues of prevailing concern to every American citizen and taxpayer. Topics include:

• Inflation: its causes and how to arrest it.
• Monetary policy: the disappointing performance of the Federal Reserve Board.
• Recessions: their persistence and impact.
• Constraints: the limitations placed upon the workings of a free market.

In more than 70 short essays, most of them written for his regular column in Newsweek magazine, Professor Friedman showcases the powers of analysis and expression that have made him:

• The most widely respected economist in America today.
• A trusted advisor to our nation's leaders.

These short commentaries address six major themes, including:

• Issues of economic and political freedom.
• Governmental regulation and fiscal policy.
• International economics.

They reveal the dynamics behind many of our most pressing current problems, while affirming America's most cherished ideals.