Milton Friedman:A Comparative Study From The Perspective Of The History Of Economic Thought

Milton Friedman is one of Western economists since the 1970s,the most influential.As the standard-bearer of American neo-liberal economics,his economic thought,economic philosophy changed the course of history of economic development,the Western intellectual,political,business and the public have had a huge impact.Friedman's study of economic thought had already been very fruitful,especially after his 2006 die,many documents summed up his contribution to economics.Purpose of this article is based on the previous literature to Friedman's text,based on his economic thought as a comprehensive,multi-angle review.Milton Friedman is one of Western economists of the 20th century's most influential.As the standard-bearer of American neo-liberal economics,his economic thought,economic philosophy changed the course of history of economic development,the Western intellectual,political,business and the public have had a huge impact.Friedman's study of economic thought had already been very fruitful,especially after his death in 2006,many documents summed up his contribution to economics.Purpose of this article is based on the previous literature to Friedman's text-based,put him back in the 20th century changes in economic and social thinking Trend Against this background,from the perspective of the history of economic thought a comparative study in order to get some new insights.This article is divided into three main parts:the basis of Friedman's thinking on the overall study,the first part of Friedman's ideas,methods and other comparative studies,the second part describes the theory of Friedman application,the third part is the evaluation of Friedman's economic thought.Comparison in part by five chapters,the most important part of this article:the overall study theoretical,methodological comparison,comparative macroeconomic thinking,comparative studies comparing and business ethics of social impact.Through analysis,this paper illustrates the special case of Friedman's methodology is a tool of philosophy,explains his thought and macroeconomic intricate ties between Cairns,explaining why he had a huge social impact of Reason,she criticized him in confusion corporate ethics.This paper describes the application of two chapters devoted Friedman's monetarist ideology,namely in the UK and China experiments have been taken monetarist policy.Friedman influence policy in the UK is greater than the United States,so this choice monetarist Thatcher government as a research object to the conclusion that,although Friedman has great academic and social impact,but its currency policy of advocates did not have a positive impact in reality.China has adopted over Friedman's suggestion controlling inflation,but the effect is not significant.Evaluation section first affirmed the contribution of Friedman's economics,and then analyzes the shortcomings of his methods and theories.Additionally,this article from the new liberalism and methodology of these two perspectives Friedman thought werethematic evaluations,especially from the perspective of "dual economics" of neo-liberal economic ideas Friedman criticized.