John Maynard Keynes and Milton Friedman were two of the most influential economic and public policy thinkers of the 20th century. If Keynes was the most influential economic thinker of the first half of the 20th century, Friedman was the most influential economic thinker of the second half. Unti...
Interventionism: Friedman maintained that the economy functions best when people have opportunities to make free choices unfettered by government regulations. He was an opponent of Keynes, who believed that the government should be involved in the management of national economies. Barriers-to-Entry: In...