What was the purpose of the Friedmans bureau?
The Friedman's Bureau, also known as the Bureau of Public Research, was established in 1938 by economist Milton Friedman and his wife Rose Friedman. The purpose of the bureau was to carry out research and analysis on various economic and social issues, with a focus on promoting free-market policies and libertarian principles.
The Friedmans used the bureau as a platform to study and advocate for policies that supported limited government intervention in the economy, individual freedom, and free-market capitalism. They believed that a decentralized market system based on voluntary transactions would lead to economic efficiency and prosperity.
Through their research and writings, the Friedman's bureau sought to challenge prevailing economic theories and promote alternative ideas such as monetarism, which emphasized the importance of controlling the money supply to achieve stable economic growth. They conducted studies on topics ranging from education and healthcare to taxation and government regulations, consistently arguing in favor of reducing the role of government and promoting economic freedom.
Overall, the purpose of the Friedmans' bureau was to advance their beliefs in free-market economics and libertarian principles by conducting research and providing economic analysis to support their ideas and influence public policy.