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Interview with Milton Friedman - The Region - Publications & Papers | The Federal Reserve Bank of Minneapolis
minneapolisfed.org - 8/27/2009
Interview with Milton Friedman - The Region - Publications & Papers | The Federal Reserve Bank of Minneapolis
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Nobel prize for economics, 1976. Currently, senior research fellow at the Hoover Institution at Stanford University. Following an academic career that included a stint at the University of Minnesota in 1945-46, joined the University of Chicago as an assistant professor of economics in 1946; ...

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Marginal Revolution:  What did Milton Friedman favor?

EconLog: Library of Economics and Liberty:  Tyler Cowen's Response

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Blog Reactions

What did Milton Friedman favor?
Marginal Revolution — ... , where Friedman and Schwartz explain how it was too difficult for banks to borrow from the Fed at favorable rates in the early 1930s.  Or read this Friedman interview. ...

Tyler Cowen's Response
EconLog: Library of Economics and Liberty — ... into currency from reducing the quantity of money. Unfortunately, the Fed's actions were hesitant and small. In the main, it stood idly by and let the crisis take its course--a pattern of behavior that was to be repeated again and again during the next two years. That is not a bailout, at least as that term is normally understood. And remember that Bernanke et al, in advocating the bailout last fall, were not just advocating what the Fed already had the power to do. Tyler cites an interview with Friedman but I read through the interview and can't find any mention of bailing ...

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