Episode · EconTalk · 2021-07-26

Books mentioned on James Heckman on Inequality and Economic Mobility

1 book · With James Heckman · Listen · Watch on YouTube

Economist and Nobel Laureate James Heckman of the University of Chicago talks about inequality and economic mobility with EconTalk host Russ Roberts.

James Heckman discussed Theory of the Consumption Function by Milton Friedman.

Books mentioned, in the order they came up

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  1. Theory of the Consumption Function

    Milton Friedman · at 47:03

    Theory of the Consumption Function by Milton Friedman is a classic economics text that presents a revolutionary framework for understanding how individuals make spending and saving decisions over time.

    Discussed
    “this is a basic idea that what i'm drawing on is a very old idea and it's actually written in it's an it's an important component of milton friedman's old book on the consumption function which sounds like light years away from the current discussion”
    Where to get it