This is another in the series of NBC radio broadcasts that involved Milton Friedman as one of the three panelists. See here and here for earlier posts on the NBC shows. This one shows both Friedman and George Stigler to be believers in fiscal policy to control inflation and advocates of high taxes for the war effort. The three participants are Leo M. Cherne, executive director and editor-in-chief of the Research Institute of America, Milton Friedman of NBER and on leave in the Division of War Research at Columbia University, and George Stigler, associate professor of economics at the University of Minnesota and at the time visiting professor in the department of economics at the University of Chicago.
David Henderson considers the following as important: Fiscal Policy
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