Milton Friedman

Latest stories

9h
The Atlantic
How American Universities Discriminate Against ConservativesJon A. Shields and Joshua M. Dunn Sr.’s book on conservative professors, Passin
How American Universities Discriminate Against Conservatives
The Atlantic / Posted 9 hours ago
Jon A. Shields and Joshua M. Dunn Sr.’s book on conservative professors, Passing on the Right, usually about people like Milton Friedman and John Stuart Mill and Friedrich Hayek. The scholars they interviewed speak in a dreamy way about these... Read more
19h
The Martinsburg Journal
Government’s role in pursuit of happinessof happiness. Our Founders referred to this as Natural Law. Let's explore that
Government’s role in pursuit of happiness
The Martinsburg Journal / Posted 19 hours ago
of happiness. Our Founders referred to this as Natural Law. Let's explore that "pursuit of happiness" clause. Economist Milton Friedman once said that the world runs on people pursuing their self-interests. Self interest, or the pursuit of... Read more
1d
Market Watch
Why Japan is resisting the false allure of helicopter moneythe risks of untested policies — above all the “helicopter drops” that many are
Why Japan is resisting the false allure of helicopter money
Market Watch / Posted yesterday
the risks of untested policies — above all the “helicopter drops” that many are now proposing. Conceived in 1969 by Milton Friedman as part of a thought experiment — not an actual proposal — helicopter drops got their name from the fantastic... Read more
2d
Acton Commentary
5 Reasons Millennials Should Support ‘Capitalism’to the draft, and you likely never will. For our current all-volunteer military
5 Reasons Millennials Should Support ‘Capitalism’
Acton Commentary / Posted 2 days ago
to the draft, and you likely never will. For our current all-volunteer military you can thank free market economists like Milton Friedman. At the height of the Vietnam War, U.S. commander Gen. William Westmoreland testified before the President’s... Read more
3d
Market Watch
Gundlach joins chorus calling for a ‘helicopter drop’ by the Fedpoint to inject money directly into the economy via a so-called helicopter drop
Gundlach joins chorus calling for a ‘helicopter drop’ by the Fed
Market Watch / Posted 3 days ago
point to inject money directly into the economy via a so-called helicopter drop. The concept, detailed by famed economist Milton Friedman in a 1969 paper, “The Optimum Quantity of Money,” and revived during a famous speech by former Fed boss Ben... Read more
4d
KECI Missoula
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
KECI Missoula / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
WFMZ Eastern Pennsylvania and Western New Jersey
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
WFMZ Eastern Pennsylvania and Western New Jersey / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
KTVZ Bend
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
KTVZ Bend / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
KXLY-TV Spokane
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
KXLY-TV Spokane / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
KRDO Colorado Springs
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
KRDO Colorado Springs / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
News Channel 12 New Bern
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
News Channel 12 New Bern / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
ABC 7 El Paso
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
ABC 7 El Paso / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
News 8000
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
News 8000 / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
4029TV KHBS - KHOG Fort Smith - Fayetteville
Helicopter money: central banks' last resortas world leaders try to improve global economic growth, which the IMF recently
Helicopter money: central banks' last resort
4029TV KHBS - KHOG Fort Smith - Fayetteville / Posted 4 days ago
as world leaders try to improve global economic growth, which the IMF recently described as "fragile." Famed economist Milton Friedman first introduced the idea of helicopter money in 1969. Essentially, as former Fed Chair Ben Bernanke recently... Read more
8 related stories
4d
The Chicago Maroon
Booth Professor Wins University Laing Prizemicroeconomic look at systemic issues to arrive at actionable conclusions, lend
Booth Professor Wins University Laing Prize
The Chicago Maroon / Posted 4 days ago
microeconomic look at systemic issues to arrive at actionable conclusions, lending equal weight to famed economists from Milton Friedman to Paul Krugman—polar opposite ends of the economic spectrum. “It is this scholarly environment and the... Read more
5d
Op-Ed News
To See the Real Story in Brazil, Look at Who Is Being Installed as President -- and Finance Chiefsideology that advocates total deregulation of the economy in the interests of p
To See the Real Story in Brazil, Look at Who Is Being Installed as President -- and Finance Chiefs
Op-Ed News / Posted 5 days ago
ideology that advocates total deregulation of the economy in the interests of private business, and a great admirer of Milton Friedman, the father of what is known today as neoliberal capitalism. "We defend free markets, lower taxes and the... Read more
7d
Zero Hedge
Depression, Debasement, & 100 Years Of Monetary Mismanagementthe profession in the way they responded to the crisis. “On monetary policy, B
Depression, Debasement, & 100 Years Of Monetary Mismanagement
Zero Hedge / Posted 7 days ago
the profession in the way they responded to the crisis. “On monetary policy, Bernanke was true to the word he gave to Milton Friedman on the occasion of his 90th birthday: ‘Regarding the Great Depression. You’re right, we did it. We’re very... Read more
8d
The Washington Times
Goldwater: The father of American conservatismcontrol? Who should dominate? It is a struggle that has dominated the history
Goldwater: The father of American conservatism
The Washington Times / Posted 8 days ago
control? Who should dominate? It is a struggle that has dominated the history of our country. John Maynard Keynes versus Milton Friedman, The New York Times versus The Wall Street Journal, the right versus the left, conservative versus liberal,... Read more
8d
The Chicago Maroon
Uncommon Interview: Booth School Donor Eric Gleacher, MBA ‘67were in had a library in it. It was right near where the school of economics ta
Uncommon Interview: Booth School Donor Eric Gleacher, MBA ‘67
The Chicago Maroon / Posted 8 days ago
were in had a library in it. It was right near where the school of economics taught their courses. I used to go and audit Milton Friedman. It was great back when I was there. It was sensational. CM: What made you decide to go to business school?... Read more
8d
The Daily Reckoning
100 Years of Mismanagementthe profession in the way they responded to the crisis. On monetary policy, Be
100 Years of Mismanagement
The Daily Reckoning / Posted 8 days ago
the profession in the way they responded to the crisis. On monetary policy, Bernanke was true to the word he gave to Milton Friedman on the occasion of his 90th birthday: ‘Regarding the Great Depression. You’re right, we did it. We’re very... Read more
8d
The Record
Fox’s John Stossel: ‘I write this from the hospital. Seems I have lung cancer ... Customer service stinks’see a return to market forces in my lifetime." Known for his love of Universit
Fox’s John Stossel: ‘I write this from the hospital. Seems I have lung cancer ... Customer service stinks’
The Record / Posted 8 days ago
see a return to market forces in my lifetime." Known for his love of University of Chicago economist and free-market guru Milton Friedman, Stossel has also faced charges that his reporting is inaccurate and biased. in 2013, for example, the... Read more
19 related stories
9d
Zero Hedge
Pimco Economist Has A Stunning Proposal To Save The Economy: The Fed Should Monetize Goldfinancial crisis, the U.S. Federal Reserve set sail on a monetary experiment ta
Pimco Economist Has A Stunning Proposal To Save The Economy: The Fed Should Monetize Gold
Zero Hedge / Posted 9 days ago
financial crisis, the U.S. Federal Reserve set sail on a monetary experiment tangentially suggested by late Nobel laureate Milton Friedman, the original coiner of the phrase “helicopter money.” (Ben Bernanke borrowed this clever construct in his... Read more
9d
Market Watch
Draghi plays defense as ECB faces political assaultpeople want to keep talking about “helicopter money,” an extraordinary monetary
Draghi plays defense as ECB faces political assault
Market Watch / Posted 9 days ago
people want to keep talking about “helicopter money,” an extraordinary monetary policy concept first discussed by economist Milton Friedman in 1969 and mooted as a possible response to a deflationary scenario by Ben Bernanke in a 2002 speech. It... Read more
73 related stories
9d
Boston Globe
Consumer reporter John Stossel may have lung cancer, but he still won’t stand bad customer servicesee a return to market forces in my lifetime.’’ Known for his love of Universi
Consumer reporter John Stossel may have lung cancer, but he still won’t stand bad customer service
Boston Globe / Posted 9 days ago
see a return to market forces in my lifetime.’’ Known for his love of University of Chicago economist and free-market guru Milton Friedman, Stossel has also faced charges that his reporting is inaccurate and biased. in 2013, for example, the... Read more
19 related stories
9d
Dundas Star News
Fox’s John Stossel: ‘I write this from the hospital. Seems I have lung cancer ... Customer service stinks’see a return to market forces in my lifetime." Known for his love of Universit
Fox’s John Stossel: ‘I write this from the hospital. Seems I have lung cancer ... Customer service stinks’
Dundas Star News / Posted 9 days ago
see a return to market forces in my lifetime." Known for his love of University of Chicago economist and free-market guru Milton Friedman, Stossel has also faced charges that his reporting is inaccurate and biased. in 2013, for example, the... Read more
19 related stories
10d
Zero Hedge
Hamilton’s Good for the Ten-Spotbook on political science and its broad practical aspects written in the last t
Hamilton’s Good for the Ten-Spot
Zero Hedge / Posted 10 days ago
book on political science and its broad practical aspects written in the last thousand years.” And if that were not enough, Milton Friedman wrote in 1973 that The Federalist Paper, No. 15, written by Hamilton, “contains a more cogent analysis of the... Read more
10d
The Atlantic
Ted Talks, But It Doesn't Mean Muchan issue of his age.) He’s an articulate, ambitious, uncompromising, life-long
Ted Talks, But It Doesn't Mean Much
The Atlantic / Posted 10 days ago
an issue of his age.) He’s an articulate, ambitious, uncompromising, life-long conservative. He has been giving speeches on Milton Friedman and Friedrich Hayek since high school. Take the conservatism out of Ted Cruz and you’re left with what he... Read more
10d
Market Watch
BOE's Carney: Not keen on helicopter moneythe subpar growth and subdued inflation plaguing many advanced economies. It is
BOE's Carney: Not keen on helicopter money
Market Watch / Posted 10 days ago
the subpar growth and subdued inflation plaguing many advanced economies. It is named after a 1969 essay by U.S. economist Milton Friedman, who suggested central banks could generate inflation by simply printing cash and dropping it from... Read more
10d
TheBull
So, just what is helicopter money?government, literally printing money and dropping it from helicopters, a hypoth
So, just what is helicopter money?
TheBull / Posted 10 days ago
government, literally printing money and dropping it from helicopters, a hypothetical scenario described by US economist Milton Friedman in the 1960s, spawning the term "helicopter money". But Mr Stevens used the term to include direct funding... Read more
11d
Newsmax
Unconventional Monetary Policies Aren't Working, and Are Becoming Conventionalcease and desist such folly. After all, everyone knows that “inflation is alwa
Unconventional Monetary Policies Aren't Working, and Are Becoming Conventional
Newsmax / Posted 11 days ago
cease and desist such folly. After all, everyone knows that “inflation is always and everywhere a monetary phenomenon,” as Milton Friedman once taught. He was a monetarist macroeconomist. Keynes macroeconomists believe that monetary policy can be... Read more
11d
Raw Story
Where did Trump come from? Tracing the political lineage of the orange-haired monstercoming. Our received narrative of the movement encompassed by Barry Goldwater a
Where did Trump come from? Tracing the political lineage of the orange-haired monster
Raw Story / Posted 11 days ago
coming. Our received narrative of the movement encompassed by Barry Goldwater and William F. Buckley and Strom Thurmond and Milton Friedman and Ronald Reagan just doesn’t cut it any longer. I’ve done my best to begin the work—thinking through, for... Read more
11d
Salon.com
Donald Trump’s avenging angels: How the orange-haired monster has rewritten the history of American conservatismcoming. Our received narrative of the movement encompassed by Barry Goldwater a
Donald Trump’s avenging angels: How the orange-haired monster has rewritten the history of American conservatism
Salon.com / Posted 11 days ago
coming. Our received narrative of the movement encompassed by Barry Goldwater and William F. Buckley and Strom Thurmond and Milton Friedman and Ronald Reagan just doesn’t cut it any longer. I’ve done my best to begin the work—thinking through, for... Read more
12d
The Verge
Tech's favorite policy, universal basic income, is about to get its first big testbut its historic appeal is far broader. There aren’t many ideas that can claim
Tech's favorite policy, universal basic income, is about to get its first big test
The Verge / Posted 12 days ago
but its historic appeal is far broader. There aren’t many ideas that can claim support from both Martin Luther King Jr. and Milton Friedman." Regardless, GiveDirectly’s project will provide the tech sector, and Silicon Valley dinner parties, with... Read more
12d
Fortune
‘Helicopter Money’ Sounds Great, But Here’s Why It May Not Workto be to have the same impact, to gain more time.” Helicopter money is a form
‘Helicopter Money’ Sounds Great, But Here’s Why It May Not Work
Fortune / Posted 12 days ago
to be to have the same impact, to gain more time.” Helicopter money is a form of policy easing envisaged by U.S. economist Milton Friedman, using the metaphor of a helicopter dropping money. The point is that it’s funded by a permanent increase in... Read more
12d
Zawya
INVESTMENT FOCUS-Helicopter money could mean lift off ... for bondssame impact, to gain more time." RADICAL OPTION Helicopter money is a form of
INVESTMENT FOCUS-Helicopter money could mean lift off ... for bonds
Zawya / Posted 12 days ago
same impact, to gain more time." RADICAL OPTION Helicopter money is a form of policy easing envisaged by U.S. economist Milton Friedman, using the metaphor of a helicopter dropping money. The point is that it's funded by a permanent increase in... Read more
14d
Zero Hedge
The Keynesian House Of Denialuse the term “Keynesian” loosely to stand for economic interventionists of all
The Keynesian House Of Denial
Zero Hedge / Posted 14 days ago
use the term “Keynesian” loosely to stand for economic interventionists of all schools. The followers of JM Keynes and Milton Friedman alike fit that category. So do some of the more rabid supply siders who claim the power to stimulate... Read more
15d
Raw Story
Journalist shreds conservative myths about universal income: It’s a ‘more natural fit’ for US than Europefor the U.S. than for modern-day Western Europe, given Europe’s social democrat
Journalist shreds conservative myths about universal income: It’s a ‘more natural fit’ for US than Europe
Raw Story / Posted 15 days ago
for the U.S. than for modern-day Western Europe, given Europe’s social democratic, paternalistic systems,” he said. “Even Milton Friedman was a fan of basic income, precisely because it would stop the government from constantly looking over... Read more
15d
Fortune
What 'Time' Gets Wrong About America's $13.9 Trillion DebtIncreasing the level of government debt can boost growth and incomes, and lead
What 'Time' Gets Wrong About America's $13.9 Trillion Debt
Fortune / Posted 15 days ago
Increasing the level of government debt can boost growth and incomes, and lead to a richer nation for years to come—both Milton Friedman and John Keynes believed that. We may have a debt problem in the future. But we continue to have a jobs, and... Read more
15d
Gawker
A Universal Basic Income Is the Utopia We Deservenatural fit for the U.S. than for modern-day Western Europe, given Europe’s soc
A Universal Basic Income Is the Utopia We Deserve
Gawker / Posted 15 days ago
natural fit for the U.S. than for modern-day Western Europe, given Europe’s social democratic, paternalistic systems. Even Milton Friedman was a fan of basic income, precisely because it would stop the government from constantly looking over... Read more
15d
Guardian Unlimited
Neoliberalism – the ideology at the root of all our problemsthat governments should regulate competition to prevent monopolies from forming
Neoliberalism – the ideology at the root of all our problems
Guardian Unlimited / Posted 15 days ago
that governments should regulate competition to prevent monopolies from forming gave way – among American apostles such as Milton Friedman – to the belief that monopoly power could be seen as a reward for efficiency. Something else happened during... Read more
15d
Namibia Economist
A matter of business“THE business of business is business,” Milton Friedman once said. Many compani
A matter of business
Namibia Economist / Posted 15 days ago
“THE business of business is business,” Milton Friedman once said. Many companies and trade groups follow his dictum, steering well clear of politics. Yet as the official campaign for the June 23rd referendum on Britain’s EU membership kicked off... Read more
16d
Guardian Unlimited
Should we scrap benefits and pay everyone £100 a week?those who don’t”? The idea of UBI has been around for years, voiced by such pe
Should we scrap benefits and pay everyone £100 a week?
Guardian Unlimited / Posted 16 days ago
those who don’t”? The idea of UBI has been around for years, voiced by such people as Thomas Paine, Martin Luther King and Milton Friedman This Saturday, thousands of people are expected in central London for the latest demonstration organised by... Read more
16d
Breitbart
Top 5 Myths About the Minimum Wagesigned into law the Earned Income Tax Credit. The program is based on the negat
Top 5 Myths About the Minimum Wage
Breitbart / Posted 16 days ago
signed into law the Earned Income Tax Credit. The program is based on the negative income tax concept first developed by Milton Friedman. Low-income households receive a refundable tax credit, the amount of which is based on their other income.... Read more
16d
Naked Capitalism
“Liberal” Economists Cheered the New Democrats’ Deregulation of Financeand against government intervention; perhaps the rest of the advanced world mis
“Liberal” Economists Cheered the New Democrats’ Deregulation of Finance
Naked Capitalism / Posted 16 days ago
and against government intervention; perhaps the rest of the advanced world missed the tide because it couldn’t read Milton Friedman in the original. One particular point that a friend made to me is that e-mail and the Internet put people... Read more
17d
OregonLive.com
Bernie Sanders supporters and their 'xenophobic stance' on free tradepeople around (obnoxiously so, at times). So why the opposition to free trade?
Bernie Sanders supporters and their 'xenophobic stance' on free trade
OregonLive.com / Posted 17 days ago
people around (obnoxiously so, at times). So why the opposition to free trade? Almost every notable economist, from Milton Friedman to Paul Krugman, demonstrates that free trade results in net gains for both countries involved. The average... Read more
17d
Namibia Economist
Most British companies want to stay in the European Union“THE business of business is business,” Milton Friedman once said. Many compani
Most British companies want to stay in the European Union
Namibia Economist / Posted 17 days ago
“THE business of business is business,” Milton Friedman once said. Many companies and trade groups follow his dictum, steering well clear of politics. Yet as the official campaign for the June 23rd referendum on Britain’s EU membership kicked off... Read more
17d
The Mercury News
Herhold: Why Ro Khanna triumphs in the realm of ideashe can make a case for expanding the earned income tax credit, or negative inco
Herhold: Why Ro Khanna triumphs in the realm of ideas
The Mercury News / Posted 17 days ago
he can make a case for expanding the earned income tax credit, or negative income tax, an idea first championed by Milton Friedman and James Tobin, two economists on the opposite sides of the political spectrum. Khanna can talk... Read more
19d
Zero Hedge
Ben Bernanke: "Helicopter Money May Be The Best Available Alternative"hinted at helicopter money in his November 2002 speech "Deflation: Making Sure
Ben Bernanke: "Helicopter Money May Be The Best Available Alternative"
Zero Hedge / Posted 19 days ago
hinted at helicopter money in his November 2002 speech "Deflation: Making Sure "It" Doesn't Happen Here" when he quoted Milton Friedman, once again started off with a Friedman quote: "Let us suppose now that one day a helicopter flies over this... Read more
2 related stories
19d
Business Insider
BERNANKE: Helicopter money could work, but I see 2 big problemsI mentioned an extreme tactic—a broad-based tax cut combined with money creatio
BERNANKE: Helicopter money could work, but I see 2 big problems
Business Insider / Posted 19 days ago
I mentioned an extreme tactic—a broad-based tax cut combined with money creation by the central bank to finance the cut. Milton Friedman had dubbed the approach a 'helicopter drop' of money. Dave Skidmore, the media relations officer…had advised... Read more
2 related stories
20d
Raw Story
State funding church: 93 percent of ‘scholarship program’ vouchers go to religious schoolsprogram in Douglas County, Colorado may bring the whole issue back to the court
State funding church: 93 percent of ‘scholarship program’ vouchers go to religious schools
Raw Story / Posted 20 days ago
program in Douglas County, Colorado may bring the whole issue back to the court for a revote. Free-market economist Milton Friedman is seen by many to be the “grandfather” of vouchers, but even he dismissed the idea that vouchers help... Read more
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