The stock market is filled with individuals who know the price of everything, but the value of nothing” Milton Friedman, ...

Explore the contrasts between Keynesian economics and monetarism and learn how each theory influences fiscal and monetary policies to regulate economic growth.

Keynesians claimed that stagflation—rising price levels and increasing rates of unemployment—couldn’t happen. Then it ...

Today marks the 113th birthday of economist Milton Friedman, one of history’s most consequential free-market advocates. Reflecting on the work of Friedman this year reminds us how much more sound and ...

Learn how the Keynesian multiplier affects economic growth, emphasizing government spending's influence on employment and GDP within macroeconomic theory.

In her account of the destructiveness of inflationary policies (“How Inflation Ended Neoliberalism,” op-ed, Nov. 16), Jennifer Burns asserts that Milton Friedman “would likely have supported” some of ...

In Abundance, published in March, journalists Ezra Klein and Derek Thompson outline a vision for material progress aimed at specific goals—such as increasing housing production in San Francisco, ...