#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

4224.372 - 4248.471 Jennifer Burns

They flee the Friedman onslaught. But then when Hayek arrives at the University of Chicago, he would like to be considered for a position in the economics department, and Milton Friedman says, no way. You're not really an economist because you're not empirical, because you just developed these theories. So he has an appreciation for Hayek as a social thinker, but not as an economist.