Milton Friedman Analysis

During the 20th century, Milton Friedman, an American economist, opposed the British economist, John Maynard Keynes, in hope of changing the way humanity perceives economics, free markets, and government financial concerns. Milton Friedman challenged Keynesian economics by proposing the Theory of the Consumption Function, which combined individual expenditures and consumption. Friedman had many ideologies that altered the world of economics compared to the financial expert, John Maynard Keynes, with their outlooks on the monetary policy and the Federal Reserve. Although Keynes opinions changed individual's perception on the primary view of economics, Friedman became the man with more respect to his name and even more credible advocate for