Three of Friedman's lessons for today's challenges

In an economic context marked by the return of inflation, rising public spending and profound technological transformations, the famous founder of the monetarist movement, who died in 2006, still has some very useful things to tell us.

With his humor, clear language and often counter-intuitive theses, Milton Friedman, one of the most illustrious economists of the 20th century, managed to interest his fellow citizens in economic theory. A major challenge, since the economic policies we choose to implement govern our lives and largely determine our prosperity. Here are three of his ideas that continue to enlighten us today.

Contrary to popular belief, inflation is not a generalized rise in prices. It is