Rose Friedman (née Director), the Chicago-trained economist, was a very important contributor to Milton Friedman’s scholarly output, popular writings, and television series. His remarkable role in society was to a significant extent a joint role from which she cannot be separated.

Adam Smith doubted an invisible hand in academia, saying that academia was prone to clubbish foolishness. From economics-department webpages, I collected data on Ph.D. origination of economics faculty. Using a ranking of 200 economics departments world-wide, I find that at the top departments...

Gunnar Myrdal urged economists to disclose their ideological sensibilities, to mitigate asymmetric-information problems in scientific discourse and to reduce the hazard of bias. Myrdal’s plea informs us of the importance of frank discussion of ideological sensibilities, including...

Administrators at many universities are using the National Research Council’s (NRC’s) measures of departmental performance to assess the performance of their economics departments. The NRC methodology measures faculty publications, citations, and grants in specific ways, which...

This is a reprint of a brief essay originally published in 1951. Hayek looks back on the age of liberalism and its collapse. During the generations of growing darkness, there were a few figures who bridged the age of liberalism and the postwar revival of its ideas and values. Hayek identifies...

The principal author surveyed all Harvard University Press titles published (in first edition) between 2000 and well into 2010, making 10+ years of publication, in the subject areas of Business & Economics, History, Philosophy, Political Science, and Sociology, as well as a residual of Law...

One answer is that Milton Friedman possessed a rare combination of attributes that enabled him to communicate as easily with a mass audience as with his professional peers. He also emerged on the public stage at a time when his message of limited government had unusual resonance. Developments in...

This essay responds to the question, “Why is there no Milton Friedman today?” In doing so, it briefly examines several aspects of Friedman’s professional life that contributed to his success in the academic, policy, and public realms as well as the influence of the social and political...

This article addresses two questions: Are there fewer economist public intellectuals today than previously, and if so, why? and: Are there fewer economists who support free markets today, and if so, why? It answers yes to the first question, suggesting that the selection process for graduate...

Why is there no Milton Friedman today? The new structure of things—or lack of structure—makes it hard for someone to emerge as a focal representative of classical liberalism. But every day, innumerable souls breathe new vitality into the cogent perspective that Friedman and others gave to...