Mime-Version: |
1.0 |
Sender: |
|
Subject: |
|
From: |
|
Date: |
Wed, 4 Feb 2009 09:55:35 -0500 |
Content-Type: |
text/plain; charset="us-ascii"; format=flowed |
Reply-To: |
|
Parts/Attachments: |
|
|
In light of Jim Henderson's mention of Friedman's statement that "We
are all Keynesians now," let me share the following with you.
I was attending the small Claremont-Bologna monetary conference about
a decade ago, and the participants included Friedman, Modigliani,
Tobin, and Samuelson. I was sitting in a shuttle van that would take
us to dinner, talking with Milton and Rose Friedman. Modigliani
approached the van, saw Friedman, shook his hand vigorously, and
exclaimed, "Milton, I'm a monetarist now!"
Steven Medema
|
|
|