The 10.2% Unemployment Friedman Solution
Nearly 16 million people can’t find jobs even though the worst recession since the Great Depression has supposedly ended. The Labor Department said Friday that jobless rate rose to 10.2 percent, the...
View ArticleHispanola Island and Friedman
Early map of Hispaniola and Puerto Rico, circa 1639. Milton Friedman would look at the Island of Hispanola and point to it as an example of the relationship of economic freedom and economic success....
View ArticleFamous Friedman Quotes
Milton Friedman – University of Chicago School of Economics Professor As I read the comments by Milton Friedman, I can’t help but think about how his words relate so much to today’s economic and...
View ArticleThe Power Of Choice
An interesting compilation of Milton Freeman as an economic freedom philosopher. Milton makes the case for economic freedom as a precondition for political freedom. The title of this video, The Power...
View ArticleNo Free Lunch, Now We have to Pay
Milton Friedman held that the government’s role in the guidance of the economy should be restricted severely. Taking over car companies is not restricted government economics from any sense of the...
View ArticleHappy 99th Milton Friedman
On July 31, Milton Friedman would have been 99 years old. Reason TV posted this video and text that I’d like to share. There’s no way to appreciate fully the contributions of Nobel Prize-winning...
View ArticleMilton Friedman Word of the Day: Augury
Augury – an event that is experienced as indicating important things to come; “he hoped it was an augury”; “it was a sign from God.” From Milton’s Capitalism and Freedom: As Adam Smith once said,...
View ArticleFriedman on Fiscal Policy and Secular Stagnation
Graph: When high unemployment continues despite the spending, the spending is often followed by a sharp economic contraction like the recession of 2008. Milton Friedman states, “Ever since the new...
View ArticleGreat Achievements Do Not Come From Government
Today marks the 101st year since the birth of Milton Friedman, whose observations and conclusions ring loud and true today. Regarding achievements, Friedman said, “The great achievements of...
View ArticleHayek and Friedman
Milton Friedman was born 104 year ago while Friedrich Hayak was born 117 years ago. Yet their teaching are still relevant today. Friedrich Hayek’s work with the Mont Pèlerin Society, an international...
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