MILTON FRIEDMAN: We have to distinguish what we mean when we talk about the Great Depression. What you had was that in 1929 the United States was in a boom. It hit a relative high point.

We're very sorry. But thanks to you, we won't do it again," Bernanke said in an address during Friedman's 90th birthday. Federal Reserve's mistakes during the Great Depression contributed to the ...

Friedman added a notorious note: “This list is far from comprehensive.”) It amounted to a reversal of everything that had been gained by the workers’ movements since the Great Depression. By the 1970s ...

Still, the monetarist interpretation of the Great Depression was not entirely forgotten. In a speech during a celebration of Milton Friedman’s 90th birthday in late 2002, then-Fed governor Ben S.

Friedman (column, April 17), is an alarm we ... One additional point: Depression is the single most personal aspect of aging, across the life span, from childhood to old age.

Milton Friedman first aspired to become an insurance actuary. Despite his early love of mathematics, he failed several exams, however. With the onset of the Great Depression, he turned his ...