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Krugman on Friedman - A Critique
With the passing of the late John Kenneth Galbraith (1908 - 2006) the job of popularizer of the economics of government economic control of the economy has been taken up by Paul Krugman. Like Galbraith,...
7 commentsR.I.P. Milton Friedman
Milton Friedman, Nobel prizewinning economist, died at 94. Friedman was a free market economist who opposed Keynesian economic theory and most forms of government regulation of private markets. He got the...
5 commentsMilton Friedman on the Central Federal Reserve Bank
“The Federal Reserve definitely caused the Great Depression by contracting the amount of money in circulation by one-third from 1929 to 1933.” -- Milton Friedman, Nobel Prize winning economist,...
4 commentsMilton Friedman
Over Thanksgiving, I reread Free to Choose in honor of Milton Friedman. The book, first published in 1980, is a classic that lays out a systematic argument for free markets, the tyranny of controls, and the...
0 commentsBook Review: Naomi Klein: The Shock Doctrine
Please read Naomi Klein's new book The Shock Doctrine: the Rise of Disaster Capitalism. This book, that carefully chronicles the rise and influence of Milton Friedman's school of economic theory and its...
3 commentsJohn Kenneth Galbraith on the Central Federal Reserve Bank
-- John Kenneth Galbraith From his last book The Economics of Innocent Fraud : The Fed, for all its power and prestige, effectively does nothing, says Galbraith. In his view, America's Federal...
1 commentThe Economics of Innocent Fraud by John Kenneth Galbraith
In this extended essay, John Kenneth Galbraith illuminates examples of "innocent fraud" or the gulf between perception and reality in the modern American economic system--a system he had a hand in creating...
1 commentCapatilism and Freedom -
Having just read Capitalism and Freedom by Milton Friedman, I was amused by the irony of his words in today’s context. The book was originally published in 1962 and due to its very free market leaning...
1 commentThe Most Under-appreciated Republican Ever
I did a search on Hubpages trying to find hubs on Jack Kemp.I got nothing.Zero.Bupkis (sp?)How is this possible?Jack Kemp, more than any other republican with the exception of Ronald Reagan, contributed to...
2 commentsDemocracy and Economics According to Friedman, Mouffe, and Aristide
The relation of democracy to the economy is an important theme discussed between prominent political scientists such as Milton Friedman, Michelle Mouffe, and Jean-Bertrand Aristide. In this article I will...
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