Scholarly Comments on Academic Economics

On Why There Is No Milton Friedman Today: Sui Generis, Sui Temporis

by

Abstract

This essay responds to the question, “Why is there no Milton Friedman today?” In doing so, it briefly examines several aspects of Friedman’s professional life that contributed to his success in the academic, policy, and public realms as well as the influence of the social and political context in which Friedman lived and worked. The conclusion reached is that we are unlikely to see another Milton Friedman—or Friedman-like figure of any political persuasion—anytime soon.