@article {19504, title = {The Age of Milton Friedman}, journal = {Journal of Economic Literature}, volume = {47}, number = {1}, year = {2009}, note = {Reprinted in Chinese in Comparative Studies, Citic, 2009. }, pages = {123-135}, abstract = {Between 1980 and 2005, as the world embraced free market policies, living standards rose sharply, while life expectancy, educational attainment, and democracy improved and absolute poverty declined. Is this a coincidence? A collection of essays edited by Balcerowicz and Fischer argues that indeed reliance on free market forces is key to economic growth. A book by Stiglitz and others disagrees. I review and com- pare the two arguments. }, author = {Andrei Shleifer} }