Jennifer Burns

And this is also one of his most influential contributions because Friedman and Schwartz becomes the playbook for the Federal Reserve. And we have lived through this, right? In the financial crisis, the Federal Reserve is ready to loan. COVID. The Federal Reserve does all kinds of new things.

And this is also one of his most influential contributions because Friedman and Schwartz becomes the playbook for the Federal Reserve. And we have lived through this, right? In the financial crisis, the Federal Reserve is ready to loan. COVID. The Federal Reserve does all kinds of new things.

And this is also one of his most influential contributions because Friedman and Schwartz becomes the playbook for the Federal Reserve. And we have lived through this, right? In the financial crisis, the Federal Reserve is ready to loan. COVID. The Federal Reserve does all kinds of new things.

Because no Federal Reserve chair wants to be in Friedman and Schwartz 2.0 that somebody writes, or they're the bad guy who let the economy melt down. So the specifics of what they say to do have obviously evolved as the system has changed. But this is a playbook for how to deal with economic crisis. It's Friedman and Schwartz. And so it's absolutely fundamental.

Because no Federal Reserve chair wants to be in Friedman and Schwartz 2.0 that somebody writes, or they're the bad guy who let the economy melt down. So the specifics of what they say to do have obviously evolved as the system has changed. But this is a playbook for how to deal with economic crisis. It's Friedman and Schwartz. And so it's absolutely fundamental.

Because no Federal Reserve chair wants to be in Friedman and Schwartz 2.0 that somebody writes, or they're the bad guy who let the economy melt down. So the specifics of what they say to do have obviously evolved as the system has changed. But this is a playbook for how to deal with economic crisis. It's Friedman and Schwartz. And so it's absolutely fundamental.

And that is really going to be the place he makes his mark.

And that is really going to be the place he makes his mark.

And that is really going to be the place he makes his mark.

Yes.

Yes.

Yes.

That's right.

That's right.

That's right.

Yeah, so the other piece of the puzzle, when he goes to Rutgers, he thinks he'll be an actuary. So Milton Friedman's family, his parents are immigrants, Jewish immigrants from Eastern Europe.

Yeah, so the other piece of the puzzle, when he goes to Rutgers, he thinks he'll be an actuary. So Milton Friedman's family, his parents are immigrants, Jewish immigrants from Eastern Europe.

Yeah, so the other piece of the puzzle, when he goes to Rutgers, he thinks he'll be an actuary. So Milton Friedman's family, his parents are immigrants, Jewish immigrants from Eastern Europe.

They're pretty atypical in that they don't stay in New York, you know, and they move to Rahway, New Jersey, and they put together a fairly middle-class life as kind of, they have a shop, they do some wholesale buying and selling, and then his father dies when he's 16. His life becomes more precarious, but it's never as precarious as he makes it out to be. He's got three older sisters.

They're pretty atypical in that they don't stay in New York, you know, and they move to Rahway, New Jersey, and they put together a fairly middle-class life as kind of, they have a shop, they do some wholesale buying and selling, and then his father dies when he's 16. His life becomes more precarious, but it's never as precarious as he makes it out to be. He's got three older sisters.