The Apocalypse of Milton Friedman.
Published In: Raritan, 2025, v. 44, n. 4.2. P. 269 1 of 3
Database: Academic Search Ultimate 2 of 3
Authored By: WILLIAMS, KYLE EDWARD 3 of 3
Abstract
The article examines the enduring influence of economist Milton Friedman and the ideological shift from Keynesianism to neoliberalism in American economic thought. Despite Friedman's death in 2006, his ideas, particularly those promoting deregulation and market-driven policies, continue to shape contemporary economic discourse, even as critics attribute various societal issues to his legacy. The text discusses how the 2007-2008 financial crisis and subsequent political movements have led to a reevaluation of Friedman’s principles, with some arguing that neoliberalism has exacerbated inequality and undermined democratic institutions. Ultimately, the article suggests that rather than moving beyond Friedman’s influence, society is experiencing a revelation of the foundational assumptions that have shaped modern politics and economics. [Extracted from the article]
Additional Information
- Source:Raritan. 2025/04, Vol. 44, Issue 4.2, p269
- Document Type:Article
- Subject Area:Economics
- Publication Date:2025
- ISSN:0275-1607
- Accession Number:186022651
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