Two Lucky People: Memoirs

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In Two Lucky People, Rose and Milton Friedman provide a memorable and lively account of their lives, the people they knew, and the work they shared. Their involvement with world leaders and many of this century's most important public policy issues moves their memoir beyond the merely personal and makes fascinating reading for anyone interested in the history of twentieth-century ideas.

"The Friedmans come across as the last Enlightenment thinkers in a post-modern world. . . . This is a book that restores your faith in reasoned discourse. . . . There really are people who believe in scholarly exchange as a way to discover truth."—David Brooks,
New York Times Book Review

"The Friedmans are a feisty couple, who clearly delight in their lives and each other. And shining through their reticence, and their conservatism, is a decency that even liberals will recognize."—Milton and Judith Viorst,
Washington Post Book World

"This engaging book recounts the life and contributions of one of America's most influential writers and economists in the second half of the twentieth century. And her husband's no slouch either. . . . An indispensable guide through the evolution of economic thought."—Stephen Moore,
National Review

"A thought-provoking book and one rich in history, the personal history of the Friedmans . . . and the cultural and political history of our country."—Steve Huntley,
Chicago Sun-Times Books

"[
Two Lucky People] is almost like a letter from a couple of old friends—a couple of old friends who had a long, compelling intellectual journey, came to know some of the great world leaders of this century, and had 60 years of happy, supportive marriage."—N. Gregory Mankiw, Fortune

"A rich autobiographical and historical panorama."—William P. Kucewicz,
Wall Street Journal

Amazon.com Review

Perhaps they really are just a pair of lucky people, but Milton and Rose Friedman are so perfectly matched that destiny must have played some part in their coming together. Milton is a Nobel Prize-winning economist, Rose, an influential theorist who advised American presidents and world leaders on the formation of their economic policies. Together the two wrote books (one flopped, the other is 1982's Free to Choose, a runaway bestseller) and were instrumental in influencing systems and ideas like negative income tax, the balanced budget amendment, tax-withholding, and even drug legalization. At times their ideas seemed outrageous but their strong belief that personal freedom is essential to a sound economy has helped shape many of the West's socioeconomic policies in the latter half of the 20th century.

And it is together, too, that the Friedmans penned their memoirs. The tone of Two Lucky People is quite humble despite their considerable achievements. They remember the lingering, technical conversations--which would put most people to sleep--that they shared in front of their fireplace; the personal and professional relationships they had with Ronald Reagan, Richard Nixon, and Margaret Thatcher; Milton's winning of the 1976 Nobel Memorial Prize for Economic Science; and countless other triumphs in their field. The book lacks the personal information--tastes in literature, art, music--and the quotidian details that help form a solid sense of personality. But their passion for their vocation seems all-consuming and maybe, in the end, that's what defines them best.

Review

...[an] engaging book ... written in a kind of snappy dialogue... -- National Review, Stephen Moore

...a rich autobiographical and historical panorama ... What makes these memoirs so enjoyable is their candor. --
The Wall Street Journal, William P. Kucewicz

On the evidence of this joint autobiography, it is little wonder that Milton and Rose Friedman are advocates of a free society. Their own lives are a testimonial to what freedom is about and what it offers.

Two Lucky People moves with vitality across many of the major issues of our century. But in the end, it remains a tantalizingly elusive book. Indeed, the Friedmans go to some lengths to present themselves as in almost every respect far less interesting than they really are: just two disinterested scientists, doting parents, and grandparents.

One would not learn from this book that they rank among the most radical critics of the American status quo, favoring the decriminalization of drugs, privatization of Social Security, and a wholesale recasting of the public-school system. But then, the outward-directed temperament that enabled the Friedmans to live such full and rich lives may be fundamentally at odds with the kind of introspection we expect in autobiographies. -- Commentary, David Frum

About the Author

Milton Friedman (1912–2006) was the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago and the recipient of the 1976 Nobel Prize in economics. He coauthored Free to Choose and Two Lucky People alongside his wife, Rose D. Friedman.

Rose D. Friedman (1910–2009) was a professor at the University of Chicago Law School, She was the author, with her husband Milton Freidman, of two books on economics and public policy, Free to Choose and Tyranny of the Status Quo as well as their memoir, Two Lucky People, which appeared in 1998.

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Milton Friedman is a senior research fellow at the Hoover Institution, Stanford University, and the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago. In 1976 he was awarded the Nobel Prize in economics. He has written a number of books, including two with his wife, Rose D. Friedman---the bestselling Free to Choose and Two Lucky People: Memoirs, the latter published by the University of Chicago Press.

Photo by The Friedman Foundation for Educational Choice (RobertHannah89) [CC0], via Wikimedia Commons.

Additional authors: Rose Friedman
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From the Publisher

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David Brooks blurb

Viorst blurb

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Capitalism and Freedom
Milton Friedman on Economics: Selected Papers
Essays in Positive Economics (Phoenix Books)
Customer Reviews
4.6 out of 5 stars 2,945
4.8 out of 5 stars 37
4.4 out of 5 stars 19
Price $15.84 $17.00 $37.00
More from Milton Friedman A reissue of Milton Friedman’s definitive survey of the role of economic capitalism in liberal society, with a new foreword by Binyamin Appelbaum. A collection of Friedman’s papers on topics in economics that were originally published in the Journal of Political Economy, including his 1977 Nobel Lecture. A collection of Friedman's early work including "The Methodology of Positive Economics."

Product information

Publisher University of Chicago Press
Publication date June 8, 1998
Edition 1st
Language ‎English
Print length 667 pages
ISBN-10 0226264149
ISBN-13 978-0226264141
Item Weight ‎2.9 pounds
Dimensions 6.25 x 1.7 x 9.75 inches
Best Sellers Rank
Customer Reviews 4.1 out of 5 stars 19Reviews

Top reviews from the United States

  • 5 out of 5 stars
    Verified Purchase

    Great Book!

    Reviewed in the United States on March 18, 2011
    Format: Hardcover

    Awesome book! However, the first one comes with unreasonable green mark on the edge of the book wich affect 2/3 of the pages. But Amazon is so good at making me a replacement---giving me extra work of printing the label, packing up, and waiting for an extra time. I really suggest that Amazon should urge its people to double check the item before they send it out. This would save them lots of money as well.

    5 people found this helpful
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  • 5 out of 5 stars
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    One Lucky Reader

    Reviewed in the United States on September 4, 2012
    Format: Hardcover

    One of the best Memoirs I have ever read. Written in plain, pleasant way, explaining how the monetarism was "born". I do recommended it two everybody, who is the "student" of Milton Friedman and his Rose.

    4 people found this helpful
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  • 5 out of 5 stars
    Verified Purchase

    All have been excellent books including this one

    Reviewed in the United States on November 15, 2016

    I have read two other books written by Milton Friedman. All have been excellent books including this one.

    One person found this helpful
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  • 3 out of 5 stars
    Verified Purchase

    the complete and utter story of the Friedmans

    Reviewed in the United States on February 12, 2013

    Two happy people is a bit of a bore, I am afraid. Don't get me wrong, I am interested in the life and work of these two and this is without a doubt the ultimate biography, and not only because it is an auto-biography. But it is perhaps too complete (600-odd pages, in 4to!). You can see how Freidman came to be who he was, and that is exciting, but there are extra arid sections. A must-read, though, to get a glimpse not only of Friedman the man, but Friedman the economist at work.

    5 people found this helpful
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  • 5 out of 5 stars
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    Must read!

    Reviewed in the United States on August 15, 2019
    Format: Hardcover

    A must read from this generation!

    One person found this helpful
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  • 5 out of 5 stars
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    Five Stars

    Reviewed in the United States on November 12, 2015
    Format: Hardcover

    excellent!

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  • 5 out of 5 stars

    This book was truly a great read. It's very well written

    Reviewed in the United States on March 16, 2016
    Format: Hardcover

    This book was truly a great read. It's very well written, and is about the amazing and full lives of Milton and Rose Friedman.

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  • 2 out of 5 stars
    Verified Purchase

    Nice book, but the quality of the book was not as good as it labelled

    Reviewed in the United States on November 25, 2012
    Format: Hardcover

    I like the book. But the quality of the book was not as good as I expected. It was used as a collection from a library. The cover sleeve was missing, and the cover was loose.

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