About The Collected Works of Milton Friedman
The true test of any scholar's work is not what his contemporaries say, but what happens to his work in the next twenty-five or fifty years.
And the thing that I will really be proud of is if some of the work I have done is still cited in the textbooks long after I am gone.
—Milton Friedman, recipient of the 1976 Nobel Memorial Prize for economic science
This website is dedicated to the work of Nobel laureate and Hoover Institution fellow Milton Friedman. It contains more than 1,400 digital items, spanning seventy-seven years, including:
- Transcripts from the Collected Works of Milton Friedman Project, a collection of material housed at the Hoover Institution Library & Archives compiled and edited by Deputy Director Emeritus of the Hoover Institution Charles Palm and former Hoover National Fellow Robert Leeson
- Text, streaming video and audio, and personal images from Friedman's personal papers and other Hoover Institution Archives
- Links to Milton Friedman content hosted on other websites
Visitors to the site can access articles and other writings by both Milton and Rose Friedman; stream the entirety of Friedman's groundbreaking PBS series Free to Choose; and listen to hundreds of his speeches and lectures, including 206 episodes of the Economics Cassette Series, Friedman's biweekly commentary on economic events. The site also includes links to Friedman's writings on other websites, bibliographic citations for works by Friedman that are not currently available on the web, and more than a hundred articles and videos created in memory of Friedman on the occasion of his death in 2006 and in celebration of his hundredth birthday in 2012. The first version of this site, known as Milton and Rose Friedman: An Uncommon Couple, was launched on what would been his centennial birthday. By bringing these materials together in an organized way, the Hoover Institution provides interested citizens, students, advanced scholars, and public policy makers access to more than eighty years of Friedman's ideas that will continue to be relevant far into the future
Friedman, who won the Nobel Memorial Prize in Economic Sciences in 1976, is recognized as one of the twentieth-century's leading economists. An educator at heart, Friedman was a leader of the Chicago School of economics at the University of Chicago, where he served as an economics professor for thirty-five years. He revived and championed the theory that monetary policy-not fiscal policy-was the engine of economic stability and growth and the best vehicle to control inflation.
Themes
Biographical
Read and listen to Friedman’s reflections on other notable economists, as well as on his own life.
Friedman Legacy
View written and video tributes to Friedman, many of which were created in response to his death on November 16, 2006, or to commemorate the centennial of his birth on July 31, 2012.
Macroeconomics
Read Friedman’s works discussing monetary policy, inflation, the Federal Reserve System, and other macroeconomic issues.
Methodology
Read “An Interview with Milton Friedman on Methodology” and other works by Friedman relating to economic reasoning.
Microeconomics
Read Friedman’s works involving price elasticity, demand curves, and other microeconomic principles.
Public Policy
Read, watch, and listen to Friedman’s commentary regarding public policy issues such as school vouchers, the volunteer army, free trade, fiscal responsibility, drugs, and tax reform.
Statistics
Read Friedman’s statistical writings published in Techniques of Statistical Analysis, Journal of the American Statistical Association, and other mathematical publications.
Technical Economics
Read Friedman’s works on general economic issues, including his weeklong exchange, “Nobel Money Duel,” with Canadian economist and Nobel Prize winner Robert Mundell, published in Canada’s National Post.
Formats
Moving Images
Watch video recordings of Friedman’s lectures, speeches, and television appearances. Web links to videos hosted on other websites are included.
Posters
View posters that accompanied the episodes of the 1980s Free to Choose television series.
Sound Recordings
Listen to digitized audio recordings of Friedman’s speeches and lectures, including the Economics Cassette Series and Milton Friedman Speaks lecture series.
Still Images
View images of Milton and Rose Friedman.
Text
Read and search transcriptions of articles, op-eds, lectures, and more. Web links to textual material hosted on other websites are included.
Friedman Citations
Browse bibliographic citations for works that are not available from the Hoover Institution or accessible online.