distanced himself from Thatcher's belief that public sector borrowing should be reduced in times of recession.That's not a small thing.
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From the Google Books blurb on Milton Friedman's Money Mischief:
"In this “lively, enlightening introduction to monetary history” (Kirkus Reviews), one of the leading figures of the Chicago school of economics that rejected the theories of John Maynard Keynes offers a journey through history to illustrate the importance of understanding monetary economics..."
Yeah, yeah. But it doesn't really sound like Friedman "rejected the theories of John Maynard Keynes" if, in his evidence to a House of Commons Select Committee he rejected the view that "public sector borrowing should be reduced in times of recession".
If you look thru Free to Choose and Money Mischief, you will see additional evidence that Friedman did not flat out reject the theories of Keynes.
He wasn't that stupid.
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