Madrick on the End of an Age

Jeff Madrick has a Huffington Post column titled, "The End of the Age of Milton Friedman".

Since this is short and popular, one could think up lots of caveats. I'll go first. "Crisis in the 1970s" does not explain why Friedman's ideas became popular. Economists had available another account of stagflation. Something else remains of Friedman's academic contributions other than "the overstated natural rate of unemployment philosophy". I think most working economists would still echo something of Friedman's views on methodology, despite their rejection by specialists in the field.