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2022, vol. 24, iss. 1, pp. 93-123
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Milton Friedman: Life and scientific contributions
Milton Fridman - život i naučni doprinosi
Abstract
The text is about the life and work of one of the most influential economists of the last century - Milton Friedman. The paper discusses some of Friedman's greatest contributions to economic theory and practice, starting with the earliest life of Milton Friedman, and the historical circumstances that were of decisive influence on his life. An analysis of several of Friedman's most significant works, written mainly in the years spent at the University of Chicago, examines Friedman's contribution to economic theory. Friedman's contribution to the reaffirmation of quantitative money theory and consumption analysis, controversial interpretation of the causes of the Great Depression, critique of the Phillips curve, with reference to the Keynesian-monetarist debate and Friedman's contribution to the methodology of economics are discussed. The last part of the paper presents the position on Friedman's socio-political influence on a global level. There is talk of Friedman's contribution to strengthening the concept of liberalism, affirmation of the ideas of the free market, individual freedom and personal integrity, while reducing the regulatory role of the state in the economy.
Sažetak
Tekst govori o životu i stvaralaštvu jednog od najuticajnijih ekonomista prošlog veka - Miltona Fridmana. U radu se razmatraju neki od najvećih Fridmanovih doprinosa ekonomskoj teoriji i praksi, i to počevši od najranijeg životnog doba Miltona Fridmana, te istorijskih okolnosti koje su bile od presudnog uticaja na njegov životni put. Analizom nekoliko najznačajnijih Fridmanovih radova, nastalih uglavnom u godinama provedenim na Čikaškom univerzitetu, sagledava se Fridmanov doprinos ekonomskoj teoriji. Razmatra se Fridmanov doprinos reafirmaciji kvantitativne teorije novca i analizi potrošnje, kontroverzno tumačenje uzroka Velike depresije, kritika Filipsove krive, uz osvrt na kejnzijansko-monetarističku debatu i Fridmanov doprinos metodologiji ekonomske nauke. U poslednjem delu rada iznosi se stav o Fridmanovom društevno-političkom uticaju na globalnom nivou. Govori se o Fridmanovom doprinosu jačanju kocepta liberalizma, afirmaciji ideja slobodnog tržišta, individualne slobode i ličnog integriteta uz smanjenje regulatorne uloge države u privredi.
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*** (2020) Lista dobitnika Nobelove nagrade. Nobel Prize, April 11, Preuzeto sa: https://www.nobelprize.org/prizes/lists/all-prizesin-economic-sciences
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*** Forbes, https://www.forbes.com/2008/10/16/milton-friedman-melt down-oped-cx_pr_1017robinson.html?sh=5941064b38bc (Pristupljeno 08.11.2021.)
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