Milton Friedman and the Great Depression. Economist Milton Friedman was an opponent to activist stabilization policy. His views on economic policy were greatly influenced by his interpretation of the Great Depression. Search the Web for discussions of Friedman’s views on the Great Depression and discuss how they may have affected his attitudes toward stabilization policy. You may want to start with the entry at http://www.econlib.org/library/Enc/bios/Friedman.html (accessed March 2015).
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