Milton Friedman’s Contribution to Economics Subject:Economics

 

Please send me a draft each and evrytime you finish writing or proofreading the paper.

Each student is required to write a short paper for EC 8500. The guidelines are as follows:

Topic and Content: Select an economist who has won a Nobel Prize and explain/summarize the nature of his/her major contribution(s) to economics and why these are regarded as sufficiently important to deserve a Nobel Prize. [As an exception, you can also choose Joan Robinson – she should have won!] Each Nobel winner has published dozens of books and articles, so your task is to look at the person’s body of work as a whole and try to identify/synthesize the most important, path-breaking ideas, theories, and intellectual innovations he contributed to the field, and then explain what these are. After all is said and done, what was it about this person’s work that was most insightful and made the most contribution to advancing the field of economics? Give a general overview, but try to highlight specific key contributions, be they particular theories, concepts, methods, or policy implications. Although I do not want a detailed discussion of individual books/articles, it is certainly appropriate to reference and modestly discuss the person’s most

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