This economist explored how medical licensing had raised the income of doctors relative to dentists in Incomes from Independent Professional Practice.
This economist explored how medical licensing had raised the income of doctors relative to dentists in Incomes from Independent Professional Practice. This economist argued that government spending could not increase incomes through the multiplier effect and that people only increase their spending when they perceive a long-term rise in income. In addition to A Theory of the Consumption Function, this economist advocated economic freedom as a means for political freedom. For 10 points, name this economist who formulated the permanent income hypothesis and wrote Capitalism and Freedom and A Monetary History of the United States.
This economist explored how medical licensing had raised the income of doctors relative to dentists in Incomes from Independent Professional Practice.
Milton {Friedman}