Milton Friedman Was Wrong. Inflation Is Not Always A Monetary Phenomenon
December 01, 2014 at 03:04 AM EST
I have a lot of respect for the late Milton Friedman. I really do. His unapologetic defense of the free market was–and still is–a breath of fresh air amidst the constant drone of calls for the government to “do something” to fix all of our problems, real or imagined.