Saturday, July 22, 2006

A Marvelous Couple

Tunku Varadarajan interviews economists Rose and Milton Friedman:

Mrs. Friedman settled herself in a chair, her eyes twinkling, and my questioning resumed. If they were to throw a small dinner party--indoors!--for Mr. Friedman's favorite economists (dead or alive), who'd be invited? Gone was his tonguetied-ness of a moment ago, as he reeled off this answer: "Dead or alive, it's clear that Adam Smith would be No. 1. Alfred Marshall would be No. 2. John Maynard Keynes would be No. 3. And George Stigler would be No. 4. George was one of our closest friends." (Here, Mrs. Friedman, also an economist of distinction, noted sorrowfully that "it's hard to believe that George is dead.")

Click here for the entire article.

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