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Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

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Keynes, Chicago, and Friedman: an early Harvard memorandum

Sandilands, R.J. (2002) Keynes, Chicago, and Friedman: an early Harvard memorandum. In: History of Economics Society, 2002-07-01.

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Abstract

John Maynard Keynes and Milton Friedman were the most influential economists of the twentieth century, if not of all time. Their influence expanded far beyond the economics profession into the domain of public opinion and the policy process. When Friedman launched his monetarist counter-revolution in 1956 he downplayed his own originality and claimed that he was doing little more than formalising an existing Chicago 'oral tradition'. Thirteen years later, as monetarism was acquiring an almost irresistible momentum, one of Friedman's friends and ex-Chicago colleague, Don Patinkin, launched a blistering attack on Friedman's account of the Chicago origins of his counter-revolution. This in turn launched the new subdiscipline of Chicago Monetarism.