INTERVIEWS:
Milton Friedman, Soothsayer*

By Peter Brimelow and Milton Friedman

Boom? Bust? Inflation? Deflation? Nobel laureate and Hoover fellow Milton Friedman peers into the future, making predictions on price levels in the United States, stagnation in Japan, and the new currency in Europe. A freewheeling discussion with Hoover media fellow Peter Brimelow.

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Milton Friedman, recipient of the 1976 Nobel Memorial Prize for economic science, was a senior research fellow at the Hoover Institution from 1977 to 2006. He passed away on Nov. 16, 2006. He was also the Paul Snowden Russell Distinguished Service Professor Emeritus of Economics at the University of Chicago, where he taught from 1946 to 1976, and a member of the research staff of the National Bureau of Economic Research from 1937 to 1981.