PrimarySources:

Interviews/Speeches/Lectures:

Friedman,Milton."AnInterviewwithMiltonFriedman."InterviewbyPearlRockKane.
Hoover
Institution
.HooverInstitution,n.d.Web.TowardstheendofFriedman'slife,hegavean
interviewattheHooverInstitutionwitharesearchscholarnamedPearlKane.The
scholarasksquestionsregardingFriedman'sstanceonsocialissuesandactsasadevil's
advocateforFriedman'sviews.WhetheritbeCriminalJusticeorthedecriminalizationof
marijuana,thistextwasheavilyimportantindeciphering,hisideasinalesscrypticway
than'CapitalismandFreedom.'Thisinterviewaskedthequestionsthatwerevaguely
describedinCapitalismandFreedomandmadesuretoclarifythoseconcepts.Ifound
thissourceusefulindescribingFriedman'sstanceonthedecriminalizationofmarijuana
forthoroughreasoningforwhythedecriminalizationnotonlyhelpsreducethe
incarcerationrateofminoritiesbutalsohelpstheeconomy.

Friedman,Milton."AnInterviewwithMiltonFriedman."InterviewbyRussRoberts.
Economics
Library
.EconomicsLibrary,n.d.Web.12Feb.2002.InthisinterviewwithRus
RobertsaneconomicjournalistMiltonFreidmandiscussestheimpactoftwoofhismost
importantcontributionstoeconomicsandliberty:AMonetaryHistoryoftheUnited
StatesandCapitalismandFreedom.MiltonFreidmandiscussestheeconomicstateof
Islamistnationsandhowhiseconomicideaswouldn'tprevailinsuchareas.The

interviewerasksquestionspertainingtotheeconomicstateofAmericaafter9/11andif
hiseconomicideasstillwouldapply.Itwasinterestingandinformativeinthisarticleto
seehowFriedmanbelievedinlessmilitaryspendingevenafter9/11.

NewspapersandJournals(onlineandphysical):
"ArticlesonMiltonFriedman."
ColumbiaMissourianNewspaper
.N.p.,1997.Web.16Feb.
2016.Thesenewspapershelpedmeanalyzewhatpeoplethoughtaboutmonetarismand
MiltonFriedman'stheoriesatthetime.Atthetimeofbeingwritten,aneconomiccentric
panelfrequentlyaskedquestions.Inthisformat,ithelpedmeunderstandwhatreallyhis
stanceswereonbothsocialissuesandeconomicones.BecauseofFriedman'spopularity
atthetimebecauseofhisNobelPrize,thereweremanyquestionsandincludedsuch
answersinmywebsite.

"BostonCollegeUniversityLibraries."
BostonCollegeUniversityLibraries
.BostonCollege,
various.Web.20Feb.2016.TheBostonCollegeLibraryArchiveswasagoodwebsiteto
findarchivesofstudentproducedpiecesonvariousissues.Therewereafewpieceson
MiltonFriedmanwhichIusedasimagesonmywebsite.Itwasinterestingtoseehow
collegestudents,usuallywhowereshownasliberal,viewedthemoreconservativeideas
ofFriedman.TherewerealsoarticleswerealsowrittenbeforeandafterFriedmanvisited

thecampusandtherewasacleardistinctioninthetoneandintentionofthewriting
showingFriedman'sinfluenceoverevenliberals.
"TheCaseforFreeTrade."
HooverInstitution
.HooverInstitution,1997.Web.20Feb.2016.
MiltonFreidman'swife,RoseFriedmanwasalsoheavilyinvolvedineconomicsandwas
consideredbymanytobeoneofthegreatestfemaleeconomistsofthe20thcentury.In
theHooverMagazinerunbytheHooverinstitution,RoseFriedmandescribeshowthe
poweroffreemarketschangesthewayweexchangegoods.Shearguesinthisarticlefor
thereductionintradetariff,whichwasmoreliberalthanherhusband,anda0%taxon
WallStreetspeculation.herfreemarketideasexploredlibertarianideasandhelpedme
understandMilton'ssupportfromhiswifetopursuefreemarketcapitalism.

Friedman,Milton."TheDrugWarasaSocialistEnterprise."TheDrugWarasaSocialist
Enterprise.FifthInternationalConferenceonDrugPolicyReform,WashingtonD.C.
Lecture.InthisaddressattheFifthInternationalConferenceonDrugPolicyReformat
WashingtonD.C,Friedmanaddressedagroupoflawmakerstoconvincethemthatthe
thenhotWaronDrugswasasocialistideaandthatregulationofdrugsand
incarceratingthosewhouseddrugswasirrational.Heusessocialismasamediumto
convincetheRepublicansintheaudiencethatthis'war'resultsinasocialiststateandto
convincetheleftheusestheclaimthatmassincarcerationresultsinbothhigherminority
incarcerationrateandhighertaxesfortheunaffected.Thissourcewascriticalin
identifyingreasonastowhythedecriminalizationofmarijuanawasimportantto
Friedman.


Friedman,Milton."TheSocialResponsibilityofBusinessIstoIncreaseItsProfits."
Corporate
EthicsandCorporateGovernance
(n.d.):17378.Web.Friedman'smostimportant
doctrinewaswrittenintheNewYorkTimesMagazinein1970.Friedmanarguedthata
companyshouldhaveno"socialresponsibility"tothepublicorsocietybecauseitsonly
concernistoincreaseprofitsforitselfandforitsshareholdersandthattheshareholders
intheirprivatecapacityaretheoneswiththesocialresponsibility.Thishelpedme
understandwhatFreidmanbelievedwhatacompanywasliableforandwhythe
minimumwagewassomethingFriedmanhadnointerestfor.

Friedman,Milton."SocialSecuritySocialism."
WallStreetJournal
(1999):n.pag.Web.Inthis
text,FriedmanarguedthatSocialSecurity,Medicaid,andMedicareandallformsof
governmentsubsidizedhealthcarewereneversupposedtowork.Hearguedthatpeople
arebecomingtooreliantonaformofhealthcarethatonlyhelpstheveryfewand
everyoneneedstopayfor.MiltonFriedmansaidthatthisformofsocialismwas
ineffectiveandifhehadanysayallformsofgovernmentsubsidizedhealthcarewouldbe
removed.

Mcgee,RobertW.,andKurtR.Leube."TheEssenceofFriedman."
SouthernEconomicJournal
55.3(1989):793.
JSTOR[JSTOR]
.Web.Thiscollectionofessayspresentedasampling
ofthethoughtandpracticebyMiltonFriedmanbefore1987.Theseworkswere
designatedfortheeconomicresearchcommunityandmostoftheworksincludeaparton

inflationandgrowingproofofitscapabilitytobringdownacountry'seconomy.Inatotal
of7works,theseworksshowFriedman'sworkleadinguptohisNobelPrize.Forme,the
mostimportantworkwasonhisrelationwithRonaldReaganwhichhelpedmewiththat
sectionofmywebsite.

Miller,Lawrence."Onthe"ChicagoSchoolofEconomics""
JournalofPoliticalEconomy
.
UniversityofChicagoPress,n.d.Web.MymainsourceoftheChicagoSchoolof
EconomicswasfoundattheUniversityofChicagoEconomicsLibrary.Writtenbya
ChicagoEconomicScholar,hedictatedwhatwerethefundamentalsofbeingaChicago
economist.ThisjournalwasthemainsourceIusedfortheChicagoSchoolofEconomics
page.ThesourcegaveinsightonhowtheSchoolshapedworldleaders,specifyingMilton
Friedmanseveraltimes.

Taylor,ThomasC.
AnIntroductiontoAustrianEconomics
.Auburn,Alabama:LudwigVon
MisesInstituteofAuburnU,1988.Print.ThomasTaylorwasafamedAustrian
economistwhowrotethebook,'AnintroductiontoAustrianEconomics'init,he
describestheinfluenceandthepillarsofAustrianEconomics.Iinitiallyusedthissource
tounderstandwhatAustrianEconomicswasandhowitdifferedfromFriedman'swayof
thinking.AsthebookprogressesweseeadebatebetweenhimandFriedmanwhich
helpedmeunderstandthetruedifferencesbetweenAustrianeconomicsandChicago
Economics.

Books:
Friedman,Milton,andAnnaJacobson.Schwartz.
AMonetaryHistoryoftheUnitedStates:
18671960
.Princeton:PrincetonUP,1971.Print.'AMonetaryHistoryoftheUnited
States'describesboththeblundersandsuccessesoftheAmericaneconomy.Perhaps
Friedman'smostimportantworkinthemid20thcentury,thisbookdiscussesthe
correlationbetweenmoneysupplyandthestateoftheunion.Itlooksintospecificstimes
whereperiodsofhighinflationcausedrecessionsortheGreatDepression.Thisbook
helpedputintocontexttheimportanceoftheFederalReserveprintingalimitedamount
ofmoney.ThisbookwasoneofthefirstbooksonMonetarismandwascalledthemost
influentialbookoneconomicsinthe20thcenturybymanyeconomists.
Friedman,Milton,andRoseD.Friedman.
FreetoChoose:APersonalStatement
.NewYork:
HarcourtBraceJovanovich,1980.Print.Perhapsoneofthemostimportanttextual
primarysourceIutilizedwas,'FreetoChoose',abookshowingFriedman'sopinionson
variouseconomicpolicieshebelievedwouldhelptheeconomy.Inthissource,Isawhis
reasoningforhiseconomicpolicies.Hegaveexamplesofsuccessesoflaissezfaire
capitalisminthebookwhichhelpedgiveabitofcontextandvaliditytohisclaims.I
integratedthissourcethroughoutmywebsite.Thebookalsohelpedunderstandthe
economicpositionofHongKongandwhyFriedmanthoughtittobetheperfectsociety.
ItwasusedtoalsounderstandMonetarismandtheChicagoSchoolofEconomics.


Friedman,Milton.
CapitalismandFreedom
.Chicago:UofChicago,1962.Print.Thebook
'CapitalismandFreedom'waswrittenbyFriedmanwhichdiscussedtheroleofeconomic
capitalisminliberalsociety.Init,hediscusseshispoliciesonincarceration,criminal
justice,education,abortion,segregation,legalizationofmarijuana,andimmigration.In
thisbook,wealsoseetheeffectofhiseconomicspoliciesontheseliberties.Thebook
goesdeepintoreasonswhycapitalismnotonlysupportsociallibertiesbutisacatalyst
forthem.Thistextwasusedtounderstandhisstanceonvariousissuesandwasthe
primarysourceIusedinthesocialimpactpageofthewebsite.Itwasalsousedheavily
usedinthe2016presidentialracetoconnectcurrentissuestohisopinionsthen.

Friedman,Milton.
Inflation:CausesandConsequences
.NewYork:AsiaPub.House,1963.
Print.Thetext'Inflation:causesandconsequences'waswrittenbyFriedmanwhichwas
oneofthefirstdocumentsIsawandsawthetechnicalitiesandpowerofinflation.Its
detailwasabitconfusingbutwiththehelpofothersources,IunderstoodwhatFriedman
thoughttheeffectofinflationoneverydaylife.Thistextcoveredalmostallofinflation
theoryandactuallygavesomequotesIusedinthepostulationspages.

Friedman,Milton.
TheRoleofGovernmentinEducation
.NewBrunswick,NJ:RutgersUP,
1955.Print.Thisbook,"TheRoleofGovernmentinEducation"waswrittenbyFriedman
tohighlighttheimportanceofaprivatizededucationsystem.Inthetext,heargueswhy

publicizingtheeducationsystemhelpsforthegrowthofracismandsegregationbyrace
inschools.Thebookmentionsreasonsforwhypublicizingschoolsalsoleadsthedecline
intheeconomywhichhelpedstrengthenmyunderstandingofFriedman'sbeliefsonthe
smallthingsmakingbigimpactsontheeconomy.Thebookwasusedforitsextensive
informationonthecallingfortheprivatizationofeducationandsomequotes.

Friedman,Milton.
ATheoryoftheConsumptionFunction
.Princeton:PrincetonUP,1957.Print.
'Atheoryoftheconsumptionfunction'wasaprimarysourcebyMiltonFriedmanwhich
wasthetextthatledhimtohisNobelPrizeforEconomicsin1976.Histheoryof
monetarismwasinitiallydiscussedinthistext.Thistexthelpedunderstandwhatexactly
monetarismwasandwhyitmattered.Thissourcewastheinspirationforthemonetarism
andhelpedmeunderstandtheotherwiseconfusingrelationshipbetweeninflationand
periodsofrecession.

Marx,Karl.
DasKapital
.Trans.BenediktKautsky.N.p.:n.p.,1957.Print.Oneofthemost
populareconomicbooksofalltimewouldbe'DasKapital'byKarlMarx.Inthisbookwe
seehisintentionsoncreatingabalancebetweentherichandthepoor.Hediscusseswhy
capitalismisbadandhowaselectgroupofpeoplewilleventuallyhavemoremoneythan
themajority.ContrarytotheCommunistManifesto,Marxgoesintomoredetailonhis
ideas.AscommunismgrewinRussiaandChina,Communismbecameamorecommon
formofgovernment.Forthatreason,IincludedapartonhowFriedmanviewed
communismandthisbookwasusedtoidentifykeyinformationthroughquotes.


Plato.
TheRepublic
.London:DavidCampbell,1992.Print.Platocouldbeconsideredoneofthe
firsteconomistsintheworld.Inhisbook,'TheRepublic'weseetwostates,therichand
thepoorwherebothareinawar.Hisideaslaidthefoundationforsocialismanda
distributionofwealth.Hisbookwasusedtoanalyzethedifferencesbetweenhisideology
andthatofFriedman's.Iconcludedbyshowinghowhisideologywasimmensely
differentbasedonthissource.IusedaquoteintheEconomicsbeforeFriedmanpageand
describedthebook'simportanceaswell.

TVShows:
MiltonFriedmanSpeaks
.Perf.MiltonFriedman.FreetoChooseMedia,1977.TVShow.When
thePBSTVShow,'FreeToChoose'cameout,theintentionwastohavetheselectures
aired.However,thecollection15lectureswerereplacedwithdebatesbetweenprominent
economicfigures.ThesevideoswereshownlaterasindependentsalsoonPBSare
intriguinginthefactthathisviewpointsonmanyissueschangedlikeillegalimmigration
andrelationswithChina.Theseriestargetedthequestion,"Iscapitalismhumane?"
Friedmanconnectedhisreasoningwithsupportfromreallifeexamples.Thiswasa
supplementinunderstandingthethemeasitconnectedtheideastotheexchangeofassets
andmeetingofdetractors.

ThePoweroftheMarketPartofFreetoChooseseries
.Perf.MiltonFriedman.VideoArtsTV
ProductioninCooperationwithWQLN,1979.Inadditionto'FreetoChoose',thebook
edition,thisprimarysourcenarratedbyMiltonFriedmanhasmultiplepartseach
discussingadifferentchapterofhisbook.Somesectionlike,'FreeMarkets'and'The
TyrannyofControl'gaveinsightonMiltonFriedman'sexactopinions.Iquotedandused
avideofromthissourcemanytimesmakingthissourceoneofthemostimportantonesI
used.InthisversionofFreetoChoose,itfeaturedfamedeconomistswhoarguedboth
sidesandleadwaytotheSocialistvsCapitalistpartofthewebsite.

Websites:
Various."PoliticalLeaders'ViewsontheIssues."
PoliticalLeaders'ViewsontheIssues
.Onthe
Issues,n.d.Web.17Feb.2016.Thiswebsitehasextensivematerialonvariouspolitical
leadersfromallperiodsofhistory.Eachleader's'sectioncontainsquotesregardinga
specifictopic(e.gImmigration,ClimateChange,Trade)saidbythepersonthemselves
andanalyzesthosequotes.Thishelpedmealotinfindingtheviewsofmanyofthe
presidentialcandidate.Thewebsitehighlightedthepresidentialcandidateshowever,there
wasalsoapageonMiltonFriedman.Thewebsitealsoletstheviewerputcandidatesside
bysideandcomparetheirviewsonissues.Iusedthiswebsiteextensivelyinthe2016
PresidentialRacepageofmywebsite.

SecondarySources:
Interviews/Speeches/Lectures:
"FRBSpeech,BernankeOnMiltonFriedman'sNinetiethBirthdayNovember8,2002."
FederalReserveBoardSpeech,BernankeOnMiltonFriedman'sNinetiethBirthday
.
FederalReserveBoard,n.d.Web.21Feb.2016.BenBernankewasamajorproponentof
Friedman'seconomicpolicies.FreidmanadvisedBernankeonhowtoproperlyhandlethe
FederalReserveandhowtomanagetheeconomyinastateofdistress.Thisspeechwas
inhonorofFreidman's90thbirthdaywhenFriedmanwasstilladvisingworldleaders.As
afocalpointofBernanke's'speech,hementionsFreidmanasadefendantoffreemarket
capitalismandhowhisinfluencehasshapedworldeconomiesforyearstocome.This
speechwasnotableformebecauseitdemonstratedifinretrospecttheFederalReserve
hadtakentheideasofFriedmanduringtheGreatDepression,therewouldhavenever
beenacrash.Iusedmanyquotesfromthisspeechthroughoutmywebsite.

Heckman,James."ThePowerofIdeas:MiltonFriedmansEmpiricalMethodology."Friedman
Centennial.BeckerFriedmanInstitute,Chicago.9Nov.2012.Web.JamesHeckmanisa
prominenteconomistattheUniversityofChicagowhoalsohasreceivedaNobelPrizein
economics.Inthislecture,hedemonstrateswhyFriedman'stheoriesonMonetarismwere
perceivedasflawedandhowthosedetractorsmisinterpretedhiswords.JamesHeckman

wasacolleagueofFriedman'ssoitwasinterestingseeinghisopinionsofhisfriendand
colleague.IusedthisinformationfromthelectureintheChicagoeconomistspage.

NewspapersandJournals(onlineandphysical):
Butler,Eamonn.
MiltonFriedman:AConciseGuidetotheIdeasandInfluenceofthe
FreemarketEconomist
.Hampshire,GreatBritain:HarrimanHouse,2011.Print.This
secondarysourcewasusedmostlyasasupplementtotheinformationIpresentedonmy
timeline.ThetextinandofitselfwasfilledwithfundamentalstothethinkingofMilton
Friedman,butIuseditstimelinethemostasaguidelineformyownone.Iusedthe
timelinetoputintoperspectivewhatMiltonFriedmanaccomplishedduringwhich
period.Thetimelinehelpedmeanalyzetheimportanceofhisideasbygivingrelevance
toothermajoreventstakingplace.Ilearntmuchabouthispersonalandfamilylifeinthis
bookaswell.Thissourcewasusedmostlyinthetimelinesectionofmywebsite.

"EndofanExperiment."
TheEconomist
.TheEconomistNewspaper,17July2010.Web.21Feb.
2016.WhenMiltonFriedmaninvestigatedHongKong'sanarchocapitalism,he
discoveredthatitseconomygrewmuchfasterthanthatofAmericaorevenChina.Inthis
article,weseehowMiltonFriedman'spraiseforHongKonghasfinallyvanishedas
HongKongisslowlyturningmorefiscallyliberal.Thearticlespeculatesonhowwith
HongKong'snewminimumwagelaws,HongKonghassuccumbedtothepressuresofa

moderndaysocialistsociety.InthistextIusedinformationontheHongKong
experimentpartoftheexchangepageasHongKongexperimentwasonethefirstofits
kindtohavenolimitationsoftheexchangeandspeculationofassets.

"TheInfluenceofIrvingFisheronMiltonFriedman'sMonetaryEconomics."
NBER
.N.p.,n.d.
Web.21Feb.2016.OneofFreidmansbiggestinfluenceswasthefamedeconomist
IrvingFisher.HebelievedinFisher'seconomicideasaswellhissocialideaswhich
causedhimbeveryclosetohim.FisherlateridentifiedasapostKeynesiansbut
Friedmankepthiseconomicstancethesameandcontinuedresearchonfreemarkets.In
thissource,IsawinwhatwaysFriedmanwasinfluencedandhowmuchofFriedman's
workwasduetoIrvingFisher.

Legger,Donna."Thatcher,ReaganRelationshipAlteredHistory."
USAToday
.USAToday,n.d.
Web.ThissourcedescribesthepowerfulrelationshipbetweenMargaretThatcherand
RonaldReagan.Thearticlewaspublishedin2004whenRonaldReagandiedandhis
policiesresurfaced.TherelationshipbetweenThatcherandReagancreatedatightknit
relationshipwiththeUnitedKingdomandAmerica.Thearticlealsodescribesthe
foundationofthispowerrelationshipwascreatedduetotheireconomicideas,which
werebothaidedbyMiltonFriedman.Iusedthissourceintheintellectualfoundations
pageofmywebsite.

"TheOriginOf'TheWorld'sDumbestIdea':MiltonFriedman."
Forbes
.ForbesMagazine,n.d.
Web.21Feb.2016.OneofFreidman'sbiggestdetractorsweretheKeynesiansandthe
Democraticparty.Inthisarticle,itdiscusseshowMiltonFriedmandefendedhisideas
andworkedagainsttheDemocraticPartytoultimatelymakeAmericathinkmorefiscally
conservative.WealsoseehowFriedmanwasinitiallyaKeynesianshimselfwhen
AmericawascomingoutofarecessionbutwhentheKeynesianideasfailedAmerica,he
switchedtobeingacapitalist.Iwantedtoknowwhatexactlyswitchedhismindandthis
sourceansweredthatquestion.

"WhatIsThatcherism?BBCNews."
BBCNews
.N.p.,2013.Web.20Feb.2016.Followingthe
deathofformerPrimerMinisterMargaretThatcher,theBBCresearchedonher
achievementsbothasapersonandaneconomist.TheBBCinthisarticleshowedthe
relevancybetweenMargaretThatcher'sthinkingandthetimeperiodandhowthe
freedomtoexchangefreelyshapedBritain'seconomyfordecades.Thearticlealso
discussestheinfluenceofMiltonFriedmanonThatcherandhowthetwoworked
togethertoessentiallycreateThatcherism,thecornerstoneofhereconomicworks.I
learnedfromthissourcetherelationshipbetweenThatcherismanditsrelationwith
MiltonFriedman.ItwasusedintheMargaretThatcherpage.

Whitehouse,Greg."HowMiltonFriedmanChangedEconomics,PolicyandMarkets."
WSJ
.
WallStreetJournal,n.d.Web.20Feb.2016.ThissourcewaswrittenbyMark
Whitehouse,ajournalistwhowrotefortheWallStreetJournal,publishedthisarticlein

memoriamofMiltonFriedmananddiscussedhowhispassingalthoughsad,wasahigh
momentforKeynesians.ThearticleexplorestheimpactofKeynesiansandthehowthe
KeynesiansFreidmanencounteredwouldn'thavecompetitionoracompetentopposerto
hisworks.ThisworkwasakeypartinidentifyingwhoFriedmanencounteredas
opposition.

Books:
Freedman,Craig.
ChicagoFundamentalism:IdeologyandMethodologyinEconomics
.
Singapore:WorldScientific,2008.Print.ThistextexploreshowtheColdWarideology
ofbiggovernment'infected'economicsandhowtheChicagocounterrevolutionagainst
thedominantKeynesianeconomicsystemhadaperceivedstrugglebetweenfreedomand
governmentinstitutionalism.ThisstrugglegeneratedamovementintheUniversityof
Chicagotocreateaneconomicsysteminwhichtherewasabalanceinsociallibertiesand
economicliberty.ThebookinformedmeofFriedman'sroleinthecreationoftheschool
andhowChicagoandtheworldaredifferentduetoChicagoeconomicfundamentals.It
wasoneofthesourcesIusedontheChicagoschoolofeconomicspage.

Nasar,Sylvia.
GrandPursuit:TheStoryofEconomicGenius
.London:Simon&Schuster,2011.
Print.'TheGrandPursuit'bySylviaNasarwasabookwrittentodetailthelifeoftwoof
thebiggesteconomistsofalltime,JohnMaynardKeynesandAdamSmith.Inthebook,

weseeNasirholdingamockdebatebetweenthetwoauthorsandseeingwhosepolicies
wouldholdupintoday'seconomy.InthebookarealsopartsaboutMiltonFriedmanand
hiseconomicdisparitieswithKeynesandhissimilaritieswithSmith.Thebookhelped
understandhowtheseideasmadetheUnitedKingdomaglobalsuperpowerandwhat
economicpostulationsleadtoitsdemise.

Overtveldt,JohanVan.
TheChicagoSchool:HowtheUniversityofChicagoAssembledthe
ThinkersWhoRevolutionizedEconomicsandBusiness
.Chicago:UofChicago,n.d.
Print.Outofthe40economistsfromtheUniversityofChicago,thisbookcovers,'The
ChicagoSchool'detailstheimportanceoftheChicagoSchool,howitwascreated,what
thedefinitionofaChicagoeconomistisandhowtheschoolstoodattheforefrontofthe
economystartingover20yearsago.ItdescribeshowMiltonFriedmanbroughtthe
schoolintothespotlightandtheimpactofhiscontributions.Contraryto'Chicago
fundamentals'thisbookpresentsitsinformationasastoryinchronologicalorder.This
bookhelpedmeunderstandhowFriedmanreinvigoratedtheChicagoSchoolof
EconomicsandledtheUniversityofChicagotobetheoneofthetopschoolsfor
economicstudy.

Valds,JuanGabriel.Pinochet'sEconomists:TheChicagoSchoolinChile
.Cambridge,
England:CambridgeUP,1995.Print.ThisbooktellsthestoryoftheGeneralPinochet
regime'seconomists,knownastheChicagoBoys.Followingtheirtrainingaseconomists
attheUniversityofChicago,theytookadvantageoftheopportunityaffordedthembythe

1973militarycouptolaunchthefirstradicalfreemarketstrategyimplementedina
developingcountry.Theideologicalstrengthoftheirmissionandthemilitary
authoritarianismofGeneralPinochetcombinedtotransformaneconomythat,following
thereturntodemocracy,hasstabilizedandisnowseenasamodelforLatinAmerica.
FromthisbookItooksimilaritiestotheHongKongexperimentconductedbyFriedman
andsawhowthesuccessoftheChileanexperimentleadtofurthertheoriesinfreemarket
speculation.

Websites:
"HowMiltonFriedmanChangedForeignExchange."
CMEGroup
.ChicagoMercantile
Exchange,n.d.Web.ThissourcewaswrittenbytheheadoftheChicagoMercantile
Exchange.HewroteabouthowhisjobwascreatedbecauseofhimandallWallStreet
jobsoranystockorfuturemarketrelatedjobsareduetoFriedman'sworkandresearch.
ThearticlediscusseshowFriedman'sadvicetoPresidentsandfinancialleaderswasone
ofthekeyreasonswesawamoveawayfromKeynesianpoliciestomarketbased
solutionsformostofthelast40years.Thisarticlehelpedunderstandhoweconomistsin
highpositionsandevenlowerintheladderbenefitfromFriedman'sintellect.Iuseda
quotefromthissourceintheexchangepastofmywebsite.

"ALifetimeofPowerfulIdeas."
MiltonFriedman,19122006
.BeckerFriedmanSchoolof
Economics,n.d.Web.21Feb.2016.MiltonFriedmanwasconsideredoneofthe
UniversityofChicago'smostimportanteconomicscholarforaverylongtimeandafter
hedied,theUniversityputtogetheracollegeofeconomicresearchcalledtheBecker
FriedmanInstitute.Inhonorof10yearsafterhisdeath,theInstitutionputtogethera
biographyofhisdeath.IfoundthissourceextremelyusefulinfindingFriedman's
inspirationfromhisfamilyandfriends.IusedthissourceinFriedman'sBackground
page.

"MiltonFriedmanFacts."
MiltonFriedmanFacts
.NobelPrizeCommittee,n.d.Web.17Feb.
2016.TheNobelPrizeCommitteeawardedMiltonFriedmantheNobelPrizein1976for
hisworkonmonetarism,specificallyinTheMonetaryHistoryoftheUnitedStatesand
"ATheoryoftheConsumptionFunction".Thiswebsitespecifieshowhistheorieswere
revolutionaryandpioneeredandexploredthefieldofeconomics.Thewebsitecitesother
economistswhoweren'twonderingifhewouldwintheprizebutrather'when'.The
websiteinretrospectdisplayshowhisworkshaveshapedothereconomistsandhiswork
onmonetarismshapedtheFederalReserveforyearstocome.Fromthissecondary
source,Ilearntbothcriticismofmonetarismandhowitshapedgovernmentfordecades.

"MiltonFriedman."
TheConciseEncyclopediaofEconomics
.N.p.,n.d.Web.14Feb.2016.This
secondarysourcehelpedmeunderstandhowtointerpretgraphsandvocabularythatwere
essentialinunderstandinghistexts.Thisonlineencyclopediaalsohadanoverviewofhis

influencesandhisworksthatdefinedhislegacy.Thealsothemanycriticsandpraises
peoplehadforhisideas.

Photos:
"FederalBureauofLaborStatisticsontheCorrelationofInflationandPeriodsofRecessions."
FederalBureauofLabor,unknown.Web.

"FirstGraphDemonstratingInflationoverTime."ATTEconomicReports,2008.Web.

"TheGuardianArticleonTheInternationalEffectsofMonetarism."TheGuardianIntl.
Archives,17Dec.83.Web.

"AnImageofaQuotebyMiltonFriedman."BeckerFriedmanInstitute,unknown.Web.

"ImageofAfricanAmericanKidsPlaying."CapitalismandFreedom,1962.Web.

"AnImageofLudwigVonMisesandMiltonFriedman."LudwigVonMisesInstitute,unkown.
Web.

"ImageofMargaretThatcher."BritishHouseofCommons,unknown.Web.

"ImagesofNobelLaureatesfromtheUniversityofChicagoSchoolofEconomics."NobelPrize
Committee,variousyears.Web.

"InflationvsRealGDPGraph."FederalReserve,BoardofDirectors,2006.Web.

"MiltonFreidmanGivingaSpeechtotheNationalGovernorsAssociationin1979."National
GovernorsAssociation.Web.1979.

"MiltonFriedmanandHisFamily."
PennState
.PennStateArchives,unknown.Web.

"MiltonFriedmanMeetingThatcherinLondon."TheGuardianIntl.Archives,2003.Web.

"NewYorkDailyNewsArticleonMonetarism."NewYorkDailyNews,30Sept.83.Web.

"NewYorkTimesArticleonMonetarism."NewYorkTimes,18Oct.1975.Web.

"PhotoofKarlMarx."
ThePh.DProgram:ModernEurope
.EmoryUniversity,unknown.Web.
21Feb.2016.
"PoliticalCartoonaboutMargaretThatcherandHerNicknameof'TheIronLady'"MiltPriggee,
2013.Web.

"PoliticalCartoononKeynesianEconomics."
CatoInstitute
.LisaHannigan,2011.Web.21Feb.
2016.

"RonaldReaganGivingaSpeech."TheAtlantic,2007.Web.

"RonaldReaganThankingMiltonFriedmaninaSpeech."FreetoChooseMedia,1983.Web.

"SchoolofAthens."
PhilosophyLinks
.1509.Web.21Feb.2016.

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