This man, along with Savage, studied risk aversion. One of this man's ideas discussing an eventual stabilization of the rate of unemployment is similar to the Life Cycle Hypothesis proposed by Brumberg and Modigliani, is known as the Natural Rate of Unemployment, and was developed due to disagreement with the Philips Curve.
This man, along with Savage, studied risk aversion. One of this man's ideas discussing an eventual stabilization of the rate of unemployment is similar to the Life Cycle Hypothesis proposed by Brumberg and Modigliani, is known as the Natural Rate of Unemployment, and was developed due to disagreement with the Philips Curve. Along with Anna Schwartz, he wrote A Monetary History of the United States and also advocated a free market economy on his TV show Free to Choose. A Monetarist associated with the Chicago School, FTP name this winner of the 1976 Nobel Memorial Prize in Economics and author of Capitalism and Freedom.          |
This man, along with Savage, studied risk aversion. One of this man's ideas discussing an eventual stabilization of the rate of unemployment is similar to the Life Cycle Hypothesis proposed by Brumberg and Modigliani, is known as the Natural Rate of Unemployment, and was developed due to disagreement with the Philips Curve.
Milton {Friedman}