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Milton Friedman: A Guide to His Economic Thought (Unabridged)
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Milton Friedman: A Guide to His Economic Thought (Unabridged) [Audio Download]

by Eamonn Butler (Author), Jeff Riggenbach (Narrator)
4.2 out of 5 stars  See all reviews (9 customer reviews)
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Product details

  • Audio Download
  • Listening Length: 7 hours and 21 minutes
  • Program Type: Audiobook
  • Version: Unabridged
  • Publisher: Blackstone Audio, Inc.
  • Audible.co.uk Release Date: 5 Sep 2012
  • Language: English
  • ASIN: B0096FEBMI
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (9 customer reviews)
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Product Description

One of the great economists of the 20th century, Milton Friedman has always challenged the prevailing economic orthodoxy. At the same time, his work has become popular because it is engagingly written and because it helps in practical prediction. Thanks to Friedman, money is now regarded as a far more powerful factor than it had been before. It offers the prospect of permanently controlling the inflation that has become the most important economic problem of our age.

Eamonn Butler's clear, systematic, perceptive study deftly describes Friedman's ideas and explains their significance. Starting with a short survey of Friedman's career, Dr. Butler goes on to analyze the main elements in his thought, including the importance of monetary policy, the supply of money, the factors that influence demand, the causes and nature of inflation, and much more.

©1985 Eamonn Butler; (P)2000 Blackstone Audio, Inc.

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Customer Reviews

Most Helpful Customer Reviews
4 of 4 people found the following review helpful
5.0 out of 5 stars Introductory guide to Milton Friedman 29 Aug 2003
I was drawn back to Eamonn Butler's 1985 book while working my way through the latest venture by Brian Snowdon and Howard Vane. Almost twenty years after the publication it still seems as fresh as ever and should still be considered the best introductory work about Milton Friedman particularly for the student.
Given the advances in macroeconomics which have taken place since the 1970s, an era now fading away thankfully into distant memory, it is not surprising that concerns about money continue to dominate the debate. World events, such as deflation in Japan and the tremendous efforts by Federal Reserve Governor Greenspan to prevent such an occurrence in the United States, continue to place the Friedman analysis and theory at the centre of the ongoing discussion.
This magnificent little book has at it's centrepiece Friedman's work on Monetary Theory. Butler, writing from the position of a fellow free-marketeer does an outstanding job restraining his infectious free market self to provide an exemplary elucidation of Milton Friedman's writings and how they overcame sustained attack from the Keynesian orthodoxy to establish themselves as a counter-revolution. He does not assume much prior knowledge of the reader but seeks to establish with remarkable clarity Friedman's position and how he got there. He certainly does real justice to the nature of the attacks and examines their arguments carefully. Fairness is a good description of his approach. He is not afraid to bring in criticism from the Austrian school to show that attacks on Friedman's work are not only from the left.
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1 of 1 people found the following review helpful
5.0 out of 5 stars An outstanding 'Primer' on Friedman 31 May 2013
Format:Paperback|Verified Purchase
As Newton(?)said, great men rest on the shoulders of giants : Smith, Von Mises, Hayek, Friedman. To understand Friedman's economic philosophy, this beautifully written text is an outstanding introduction and its excellence has prompted me to buy the author's text on Hayek. Eamonn Butler is a gifted Economist and writer who outlines economic philosophy coherently and in plain english. Highly recommended.
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Format:Kindle Edition|Verified Purchase
The book focuses on Milton Friedman and while its a good introduction to learning about his views with some excellent passages, I found that the description of the theories themselves were very superficial, making this book only worthwhile for those who already know the economics to know which economics Milton was about(in a historical point of view), or those who don't have a particularly interest in the subject to have an introduction to this great thinker.
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5.0 out of 5 stars Great ideas well presented. 30 July 2013
Format:Kindle Edition|Verified Purchase
An excellent, very accessible introduction to the ideas of Milton Friedman. Friedman's ideas are especially relevant at this moment as we are about to live through the disasterous recent consequences of the growth of government and the erosion of our economic freedoms in the West. If you want to know where it all went wrong, I believe that Milton Friedman provides a fairly convincing explanation.

I would also recommend his TV series "Free to Choose", which is on Youtube.
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4.0 out of 5 stars stimulating Discuusion from reading this 28 May 2013
Format:Kindle Edition|Verified Purchase
I really enjoyed this book and it has made me keen to read the original writings It is so well argued that I think his philosophy must be partly wrong somewhere. markets are not perfect and capitalism has some faullts which is why some government controls are necessary.
nevertheless it was a very enjoyable read and I strongly recommend it.
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