I am a big fan of Sen, and from the comments at MR, the best summary of how I feel about his work.
But, IMHO, the most important thing about Sen is that he is a Wayne Gretsky academic (I am a Canadian and a hockey player who was born with seven instead of five senses […]
Update. From the BBC website,
Chancellor Gordon Brown described Mr Friedman as “one of the great economic theorists” of the 20th century. He had a major influence on post-war economic policy not least in establishing the importance of credibility in monetary policy making,”
I think Milton’s views on central bank credibilty extended to replacing bankers with a […]
Economics is boring to many I think, because it lacks the narrative drive of history, or the unifying approach of the hard sciences. Both views are of course incorrect but in Friedman there was an individual whose own work and life had both great narrative and a simple, consistent approach. Motivated almost solely with the aim of […]
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