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Title: a caution about Milton Friedman
Review: As an economist, I'd like to offer a caution about Mr. Friedman, if I may. Mr. Friedman is one of the greatest economists, and certainly the pre-eminent living one. However, Mr. Friedman does have an agenda, and the economic theories he advocates most strongly are not houses built upon rock. In particular, they do not consistently agree with Keynesian theory. Keynes wasn't always right, but he did have an astonishing amount of predictive ability. The test of time weighs strongly in favor of Keynes and against Friedman. By all means read what he has to say, but please remember that his theories describe a special economic situation that is rather rare. Thanks.
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