Milton Friedman: A Tribute 12 March 2007 Milton Friedman: A Tribute 12 March 2007 Chaired by Greg Lindsay Speakers Maurice Newman Peter Swan Mark Harrison Alex Robson Wolfgang Kasper Held at the offices of Minter Ellison, Sydney CIS Occasional Paper 106 2007 Published December 2007 by The Centre for Independent Studies Limited PO Box 92, St Leonards, NSW, 1590 Email:
[email protected] Website: www.cis.org.au Views expressed in the publications of the Centre for Independent Studies are those of the authors and do not necessarily reflect the views of the Centre’s staff, advisers, directors, or officers. National Library of Australia Cataloguing-in-Publication Data: Milton Friedman : A Tribute. 1st ed. ISBN 9781864321517 (pbk). 1. Friedman, Milton, 1912– . 2. Economists—United States. 3. Free enterprise. 4. Capitalism. 5. Industrial policy. 6. Welfare state. I. Newman, Maurice. 330.12 ©2007 The Centre for Independent Studies Typeset in Adobe Garamond and Frugal Sans Contents Foreword Greg Lindsay ............................................................................. 1 How Friedman rallied Australian free thinkers Maurice L. Newman ................................................................. 3 Friedman’s impact on the conduct of Australian monetary policy Peter Swan ............................................................................... 9 The influence of Friedman’s ideas on Australia’s education policy Mark Harrison ........................................................................... 19 Milton Friedman and the all-volunteer