I don't like criticizing Milton Friedman not only because he is an old friend but because, outside of monetary theory, we are in complete agreement. Our general views on what is desired and what is not are almost identical until we get on to money. But if I told him what I said before, that I very much doubt whether monetary policy has ever done anything good, he would disagree. He personally is convinced that a good monetary policy is a foundation for everything.


Exclusive Interview with F.A. Hayek by James U. Blanchard III, in Cato Policy Report (May/June 1984)

Friedrich Hayek Quotes

I don't like criticizing Milton Friedman not only because he is an old friend but because, outside of monetary theory, we are in complete agreement....

I don't like criticizing Milton Friedman not only because he is an old friend but because, outside of monetary theory, we are in complete agreement....

I don't like criticizing Milton Friedman not only because he is an old friend but because, outside of monetary theory, we are in complete agreement....

I don't like criticizing Milton Friedman not only because he is an old friend but because, outside of monetary theory, we are in complete agreement....