Milton Friedman

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4h
The Daily Reckoning
The Great Lie That Is Bankrupting the Economytruth: It becomes less valuable as output falls. But in 1971, President Nixon
The Great Lie That Is Bankrupting the Economy
The Daily Reckoning / Posted 4 hours ago
truth: It becomes less valuable as output falls. But in 1971, President Nixon — advised by leading ‘monetarist’ economist Milton Friedman — made a fateful error. He cut the dollar loose from the real economy. An honest mistake? Maybe. Friedman... Read more
8h
Zero Hedge
Why A "Dollar" Should Only Be A Name For A Unit Of Golddollar and gold as of August 1971. In order to save the bankrupt system policym
Why A "Dollar" Should Only Be A Name For A Unit Of Gold
Zero Hedge / Posted 8 hours ago
dollar and gold as of August 1971. In order to save the bankrupt system policymakers have adopted the prescription of Milton Friedman to allow a freely floating standard. Milton Friedman, Richard Nixon and then Fed chairman Arthur Burns.... Read more
1d
Op-Ed News
Japan's "Helicopter Money" Play: Road to Hyperinflation or Cure for Debt Deflation?something quite different from the quantitative easing they actually got and ot
Japan's "Helicopter Money" Play: Road to Hyperinflation or Cure for Debt Deflation?
Op-Ed News / Posted yesterday
something quite different from the quantitative easing they actually got and other central banks later mimicked. Quoting Milton Friedman, he said the government could reverse a deflation simply by printing money and dropping it from helicopters.... Read more
2 related stories
1d
Crain's Chicago Business
Economists give up on Milton Friedman's biggest idea(Bloomberg View) — One of the core pieces of modern macroeconomic theory, hande
Economists give up on Milton Friedman's biggest idea
Crain's Chicago Business / Posted yesterday
(Bloomberg View) — One of the core pieces of modern macroeconomic theory, handed down to us by the great Milton Friedman, probably missed the mark. And now it might be on the way out. And this shift has big implications for how we think about... Read more
1d
KERA North Texas
Good News On Student Loans ... For Somepayment plans? Income based repayment, Hillman points out, is based on an idea
Good News On Student Loans ... For Some
KERA North Texas / Posted yesterday
payment plans? Income based repayment, Hillman points out, is based on an idea first proposed by Chicago economist Milton Friedman back in the 1950s. Hillman says changing conditions and changing data should drive new ideas: "It's a lack of... Read more
6 related stories
1d
KPBS San Diego
Good News On Student Loans ... For Somepayment plans? Income based repayment, Hillman points out, is based on an idea
Good News On Student Loans ... For Some
KPBS San Diego / Posted yesterday
payment plans? Income based repayment, Hillman points out, is based on an idea first proposed by Chicago economist Milton Friedman back in the 1950s. Hillman says changing conditions and changing data should drive new ideas: "It's a lack of... Read more
6 related stories
2d
The Globe and Mail
Helicopter money and the Japanese economic conundrumsome aspects of monetary policy have become less effective than in the past. Mo
Helicopter money and the Japanese economic conundrum
The Globe and Mail / Posted 2 days ago
some aspects of monetary policy have become less effective than in the past. Monetarism was largely developed by Milton Friedman during the 1950s and 60s when the demographic tailwinds were blowing like a Category 5 hurricane. He believed... Read more
3d
Zero Hedge
Celebrating 45 Years Of Phony MoneyAnd the only real growth is learning. Anything else is a fraud. In 1971, Presi
Celebrating 45 Years Of Phony Money
Zero Hedge / Posted 3 days ago
And the only real growth is learning. Anything else is a fraud. In 1971, President Nixon – aided and abetted by economist Milton Friedman – cut the dollar off from its natural limits. No longer tethered to gold, the gate was flung open… and the... Read more
5d
Zero Hedge
End Of An Era: The Rise And Fall Of The Petrodollar Systemmarket manipulation effort that they soon gave up again. It foreshadowed the ev
End Of An Era: The Rise And Fall Of The Petrodollar System
Zero Hedge / Posted 5 days ago
market manipulation effort that they soon gave up again. It foreshadowed the eventual default. Monetarist economists like Milton Friedman told Nixon that the gold price would fall to $6 if the US were to “demonetize” gold – once again proving that... Read more
5d
Dallas Morning News
Mac McCann: Subsidizing grocery stores won't make Dallas healthiermore grocery stores to southern Dallas are rooted in good intentions. However,
Mac McCann: Subsidizing grocery stores won't make Dallas healthier
Dallas Morning News / Posted 5 days ago
more grocery stores to southern Dallas are rooted in good intentions. However, to quote the Nobel Prize winning economist Milton Friedman, "One of the great mistakes is to judge policies and programs by their intentions rather than their... Read more
7d
The Cass County Democrat Missourian
Yarberry challenging Emery for state Senate seatand why? Ed Emery: My choices would be patriots, spiritual leaders, and/or fre
Yarberry challenging Emery for state Senate seat
The Cass County Democrat Missourian / Posted 7 days ago
and why? Ed Emery: My choices would be patriots, spiritual leaders, and/or free market economists. Suggestions include Milton Friedman (or John Locke); President John Adams (or George Washington), and Jonathan Edwards (or Billy Graham). Their... Read more
7d
Bureau County Republican
The costs of free tradeinternational payments to China for years. Initially, our productivity would of
The costs of free trade
Bureau County Republican / Posted 7 days ago
international payments to China for years. Initially, our productivity would offset China’s lower wages but not anymore. Milton Friedman �believed in free trade, as an economist, he should have figured out what China was doing to increase their... Read more
7d
Zero Hedge
The Helicopter Has Already Been Tested - And It Failed Spectacularlymonetary policy will do faced with an enormous wave of private monetary destruc
The Helicopter Has Already Been Tested - And It Failed Spectacularly
Zero Hedge / Posted 7 days ago
monetary policy will do faced with an enormous wave of private monetary destruction. In fact, it was this direction that Milton Friedman himself actually contemplated in his 1969 essay The Optimum Quantity of Money that first introduced the... Read more
8d
The Daily Reckoning
Celebrating 45 Years of Phony Moneyis knowledge, says Gilder. And the only real growth is learning. In 1971, Pres
Celebrating 45 Years of Phony Money
The Daily Reckoning / Posted 8 days ago
is knowledge, says Gilder. And the only real growth is learning. In 1971, President Nixon — aided and abetted by economist Milton Friedman — cut the dollar off from its natural limits. No longer tethered to gold, the gate was flung open…and the... Read more
8d
The Economic Times
More and more investors think central banks and governments will bring out the choppermoney," wrote strategists led by Global Head of G10 FX Strategy Steven Englande
More and more investors think central banks and governments will bring out the chopper
The Economic Times / Posted 8 days ago
money," wrote strategists led by Global Head of G10 FX Strategy Steven Englander. Helicopter money was first discussed by Milton Friedman back in the 1960s, when he made the case that central banks could simply print money and have it rain down on... Read more
10d
New Kerala
Enter helicopter money: Global central bank's post QE era ammunition ( Currency Corner) - newkerala.com #91722terms than the US Federal Reserve and the European Central Bank (ECB). It was
Enter helicopter money: Global central bank's post QE era ammunition ( Currency Corner) - newkerala.com #91722
New Kerala / Posted 10 days ago
terms than the US Federal Reserve and the European Central Bank (ECB). It was actually the legendary Chicago economist Milton Friedman who introduced this concept in 1969 in his paper titled 'The Optimal Quantity of Money'. Friedman wrote: "Let... Read more
12d
Zero Hedge
What Is Helicopter Money? Goldman Explainsflexible and active fiscal spending by the government. The concept of helicopte
What Is Helicopter Money? Goldman Explains
Zero Hedge / Posted 12 days ago
flexible and active fiscal spending by the government. The concept of helicopter money has been around for years. Professor Milton Friedman was first to propose the idea in 1969, and in the early 2000s then Federal Reserve Board Governor Ben... Read more
22 related stories
12d
Japan Today
No chance Japan will adopt 'helicopter money,' say officials ‹ Japan Todayinvestors had speculated that Japan might decide to provide “helicopter money”
No chance Japan will adopt 'helicopter money,' say officials ‹ Japan Today
Japan Today / Posted 12 days ago
investors had speculated that Japan might decide to provide “helicopter money” - a term coined by American economist Milton Friedman. It gained popularity after former Federal Reserve Chairman Ben Bernanke cited it in a speech in 2002, when... Read more
22 related stories
12d
Reuters
Japan may be on route for a soft form of helicopter moneyAbe and BOJ Governor Haruhiko Kuroda during a private visit to Tokyo. Helicopt
Japan may be on route for a soft form of helicopter money
Reuters / Posted 12 days ago
Abe and BOJ Governor Haruhiko Kuroda during a private visit to Tokyo. Helicopter money was coined by American economist Milton Friedman and gained market prominence when Bernanke cited it in a 2002 speech as a way central banks might finance... Read more
22 related stories
12d
The Economic Times
Japan may be on route for a "soft" form of helicopter moneyAbe and BOJ Governor Haruhiko Kuroda during a private visit to Tokyo. Helicopt
Japan may be on route for a "soft" form of helicopter money
The Economic Times / Posted 12 days ago
Abe and BOJ Governor Haruhiko Kuroda during a private visit to Tokyo. Helicopter money was coined by American economist Milton Friedman and gained market prominence when Bernanke cited it in a 2002 speech as a way central banks might finance... Read more
22 related stories
12d
Channel NewsAsia
Japan may be on route for aAbe and BOJ Governor Haruhiko Kuroda during a private visit to Tokyo. Helicopt
Japan may be on route for a
Channel NewsAsia / Posted 12 days ago
Abe and BOJ Governor Haruhiko Kuroda during a private visit to Tokyo. Helicopter money was coined by American economist Milton Friedman and gained market prominence when Bernanke cited it in a 2002 speech as a way central banks might finance... Read more
22 related stories
13d
Slate
How the Men Who Built Brazil’s Highways and Bridges Corrupted Its Political Systemof the dictatorship is that its most brutal period of repression, os anos de ch
How the Men Who Built Brazil’s Highways and Bridges Corrupted Its Political System
Slate / Posted 13 days ago
of the dictatorship is that its most brutal period of repression, os anos de chumbo—the years of lead—overlapped with what Milton Friedman called “an economic miracle.” As an outsider, I had a hard time, at first, understanding the Brazilian... Read more
3 related stories
13d
The Globe and Mail
No chance Japan will adopt ‘helicopter money’ soon: reportinvestors had speculated that Japan might decide to provide “helicopter money”
No chance Japan will adopt ‘helicopter money’ soon: report
The Globe and Mail / Posted 13 days ago
investors had speculated that Japan might decide to provide “helicopter money” - a term coined by American economist Milton Friedman. It gained popularity after former Federal Reserve Chairman Ben Bernanke cited it in a speech in 2002, when... Read more
22 related stories
15d
The Washington Times
School choice can reintroduce promise of libertyschool choice bill is the first in Congress, in the more than six decades since
School choice can reintroduce promise of liberty
The Washington Times / Posted 15 days ago
school choice bill is the first in Congress, in the more than six decades since the late, world-renowned economist Milton Friedman taught us to apply free enterprise to education, consistent with the Constitution. It empowers all District... Read more
15d
Acton Commentary
Unemployment for Black Male Teens Spikes. Are Minimum Wage Increases to Blame?consequences of the recession. “The people who have been hurt most by the mini
Unemployment for Black Male Teens Spikes. Are Minimum Wage Increases to Blame?
Acton Commentary / Posted 15 days ago
consequences of the recession. “The people who have been hurt most by the minimum wage laws are the blacks,” said Milton Friedman in 1979. “I have often said that the most anti-black law on the books of this land is the minimum wage law.”... Read more
16d
Bdnews24.com
Asian shares rally as Wall Street strikes new record highon Monday fuelled talk BOJ Governor Haruhiko Kuroda might decide to provide "he
Asian shares rally as Wall Street strikes new record high
Bdnews24.com / Posted 16 days ago
on Monday fuelled talk BOJ Governor Haruhiko Kuroda might decide to provide "helicopter money" - a term coined by economist Milton Friedman and cited by Bernanke, before he became Fed chairman, as a way to finance government budgets and fight... Read more
34 related stories
16d
Business Standard India
Asian shares firm on stimulus hopes, Wall Street hits record highMonday fuelled talk BOJ Governor Haruhiko Kuroda might decide to provide "helic
Asian shares firm on stimulus hopes, Wall Street hits record high
Business Standard India / Posted 16 days ago
Monday fuelled talk BOJ Governor Haruhiko Kuroda might decide to provide "helicopter money", - a term coined by economist Milton Friedman and cited by Bernanke, before he became Fed chairman, as a way to finance government budgets and fight... Read more
34 related stories
16d
Reuters
Asian shares firm on stimulus hopes, Wall St. recordon Monday fueled talk BOJ Governor Haruhiko Kuroda might decide to provide "hel
Asian shares firm on stimulus hopes, Wall St. record
Reuters / Posted 16 days ago
on Monday fueled talk BOJ Governor Haruhiko Kuroda might decide to provide "helicopter money", - a term coined by economist Milton Friedman and cited by Bernanke, before he became Fed chairman, as a way to finance government budgets and fight... Read more
22 related stories
16d
Channel NewsAsia
Asian shares firm on stimulus hopes, Wall St. recordon Monday fueled talk BOJ Governor Haruhiko Kuroda might decide to provide "hel
Asian shares firm on stimulus hopes, Wall St. record
Channel NewsAsia / Posted 16 days ago
on Monday fueled talk BOJ Governor Haruhiko Kuroda might decide to provide "helicopter money", - a term coined by economist Milton Friedman and cited by Bernanke, before he became Fed chairman, as a way to finance government budgets and fight... Read more
34 related stories
16d
Zero Hedge
"Something Big" Indeed Came - Bernanke's Japan Visit Unveils "Helicopter Money", Sparks Monster Rallythe community. Let us suppose further that everyone is convinced that this is a
"Something Big" Indeed Came - Bernanke's Japan Visit Unveils "Helicopter Money", Sparks Monster Rally
Zero Hedge / Posted 16 days ago
the community. Let us suppose further that everyone is convinced that this is a unique event which will never be repeated’, Milton Friedman, The Optimum Quantity of Money ‘People know that inflation erodes the real value of the government's debt... Read more
22 related stories
16d
Naked Capitalism
Is “Helicopter Money” About to Rain Upon the World?players speculate Kuroda might decide, in a surprise, to provide “helicopter mo
Is “Helicopter Money” About to Rain Upon the World?
Naked Capitalism / Posted 16 days ago
players speculate Kuroda might decide, in a surprise, to provide “helicopter money” – a term coined by American economist Milton Friedman and cited by Bernanke, before he became Fed chairman, when talking about how central banks might finance... Read more
22 related stories
17d
Dallas Morning News
Mike Hashimoto: Yes, it's irresponsible to link Dallas gunman to a larger cause. Just like before.supremacy and capitalism, which deforms the spirit and fuels interpersonal viol
Mike Hashimoto: Yes, it's irresponsible to link Dallas gunman to a larger cause. Just like before.
Dallas Morning News / Posted 17 days ago
supremacy and capitalism, which deforms the spirit and fuels interpersonal violence." Frankly, I'm glad Adam Smith and Milton Friedman weren't around to have to answer for the capitalism part. White supremacy is someone else's problem. The... Read more
19d
Naked Capitalism
How MBA Programs Drive Inequalityfor example, Harvard Business School hired economist Michael Jensen. Jensen, a
How MBA Programs Drive Inequality
Naked Capitalism / Posted 19 days ago
for example, Harvard Business School hired economist Michael Jensen. Jensen, a former University of Chicago student of Milton Friedman, co-authored a famous and often-cited business paper, “Theory of the Firm,” in which he argued that the... Read more
20d
Times of Malta
Japan policymakers to meet on markets, Bernanke to talk with Abeplayers speculate Kuroda might decide, in a surprise, to provide “helicopter mo
Japan policymakers to meet on markets, Bernanke to talk with Abe
Times of Malta / Posted 20 days ago
players speculate Kuroda might decide, in a surprise, to provide “helicopter money” – a term coined by American economist Milton Friedman and cited by Bernanke, before he became Fed chairman, when talking about how central banks might finance... Read more
20d
Zero Hedge
Something Big Is Coming: Bernanke To "Secretly" Meet With Kuroda; "Helicopter Money" On The Agendaplayers speculate Kuroda might decide, in a surprise, to provide "helicopter mo
Something Big Is Coming: Bernanke To "Secretly" Meet With Kuroda; "Helicopter Money" On The Agenda
Zero Hedge / Posted 20 days ago
players speculate Kuroda might decide, in a surprise, to provide "helicopter money" - a term coined by American economist Milton Friedman and cited by Bernanke, before he became Fed chairman, when talking about how central banks might finance... Read more
4 related stories
20d
Reuters
Japan policymakers to meet on markets, Bernanke to talk with Abeplayers speculate Kuroda might decide, in a surprise, to provide "helicopter mo
Japan policymakers to meet on markets, Bernanke to talk with Abe
Reuters / Posted 20 days ago
players speculate Kuroda might decide, in a surprise, to provide "helicopter money" - a term coined by American economist Milton Friedman and cited by Bernanke, before he became Fed chairman, when talking about how central banks might finance... Read more
21d
Wired News
You Heard Right: Conservatives Get Their Very Own Podcast Networkoften think that conservatives see the whole world through a conservative lens—
You Heard Right: Conservatives Get Their Very Own Podcast Network
Wired News / Posted 21 days ago
often think that conservatives see the whole world through a conservative lens—that we can’t eat pizza without thinking of Milton Friedman,” Long says. By offering a range of podcasts with conservative hosts, the Ricochet Network hopes to prove... Read more
22d
The Washington Times
Brexit losers now doubling downwon by the American armed forces, the CIA, politicians such as Ronald Reagan an
Brexit losers now doubling down
The Washington Times / Posted 22 days ago
won by the American armed forces, the CIA, politicians such as Ronald Reagan and Margaret Thatcher, free-market economics, Milton Friedman. Milton Friedman, here’s to you. The crowd was very polite — unlike some others through the years: 1968... Read more
24d
Raw Story
SEIU chief argues Universal Basic Income would deter job-killing automationpromoted for a long time by both liberals and conservatives. Richard Nixon and
SEIU chief argues Universal Basic Income would deter job-killing automation
Raw Story / Posted 24 days ago
promoted for a long time by both liberals and conservatives. Richard Nixon and conservative economists Friedrich Hayek and Milton Friedman supported a version of it (Friedman wanted to do it through the tax system with a “negative income tax,”... Read more
26d
Breitbart
Generation Me: Paul Ryan Tells America 10 Neat Things About Himself to Celebrate the Fourthreally took it on as my vocation. And I realized that was my passion—fighting f
Generation Me: Paul Ryan Tells America 10 Neat Things About Himself to Celebrate the Fourth
Breitbart / Posted 26 days ago
really took it on as my vocation. And I realized that was my passion—fighting for conservative ideas.” 9. He was reading Milton Friedman books at the ripe age of 16. “My parents were Milton Freedman fans so I read Free to Choose when I think I... Read more
28d
CNBC
This central bank could be the first to adopt 'helicopter money' policynot in its traditional sense, S&P Global Ratings' chief global economist told C
This central bank could be the first to adopt 'helicopter money' policy
CNBC / Posted 28 days ago
not in its traditional sense, S&P Global Ratings' chief global economist told CNBC. "Helicopter money" is a term coined by Milton Friedman in 1969, and in its purest theoretical form, would involve giving cash directly to residents in order to... Read more
28d
The Hindu
Policy Watch: Why we need to talk about a basic incomeThe 1960s brought about the war on poverty, waged through federally funded soci
Policy Watch: Why we need to talk about a basic income
The Hindu / Posted 28 days ago
The 1960s brought about the war on poverty, waged through federally funded social service and healthcare programmes. Milton Friedman sought a negative income tax, eliminating the need for a minimum wage and potentially the “welfare trap”,... Read more
30d
Op-Ed News
John Perkins- Economic Hit Men come to the US, making it a third world Banana Republicdrives them? Success. It isn't profit. Profits are defined as symbols of succes
John Perkins- Economic Hit Men come to the US, making it a third world Banana Republic
Op-Ed News / Posted 30 days ago
drives them? Success. It isn't profit. Profits are defined as symbols of success. Came into being into 1976. when Milton Friedman won a Nobel Prize saying all that mattered was to maximize profit. Nobody was talking about climate change... Read more
30d
The Atlantic
The Case for Unions to Support a Universal Basic Incomeof a country that we were going to turn over to private hands. Conservatives li
The Case for Unions to Support a Universal Basic Income
The Atlantic / Posted 30 days ago
of a country that we were going to turn over to private hands. Conservatives like Frederick Hayek, and most importantly Milton Friedman and Richard Nixon, were huge supporters of the idea as a way to provide stability and end poverty. So... Read more
30d
Roll Call
Former Rep. Mike Oxley Dieshis public career. His dad, the county prosecutor, ingrained the virtues of Bar
Former Rep. Mike Oxley Dies
Roll Call / Posted 30 days ago
his public career. His dad, the county prosecutor, ingrained the virtues of Barry Goldwater and free-market economist Milton Friedman in his son from an early age. After earning degrees from Miami University of Ohio and Ohio State law school,... Read more
1m
Daily Record
MORRIS AREA HOME SALES$289,000. 8 Stonebridge Ct from Martin Ganek to Stephen Steinheimer and Jessic
MORRIS AREA HOME SALES
Daily Record / Posted a month ago
$289,000. 8 Stonebridge Ct from Martin Ganek to Stephen Steinheimer and Jessica Steinheimer. $435,000. 80 Summit Dr from Milton Friedman to Ryan Newkirk and Gabrielle Newkirk. $295,000. 27 Shawnee Trl from Richard Coll to Jean Samedi Jr and... Read more
1m
Investopedia
How Inflation and Unemployment Are Relatedinflation rate could be tolerated. However, in the late 1960s, a group of econo
How Inflation and Unemployment Are Related
Investopedia / Posted a month ago
inflation rate could be tolerated. However, in the late 1960s, a group of economists who were staunch monetarists, led by Milton Friedman and Edmund Phelps, argued that the Phillips Curve does not apply over the long term. Their contention was... Read more
m
AllAfrica.com
Has Bernanke Lent His Helicopter to the RBZ?as a last resort introduce what he called helicopter money. In hiring the heli
Has Bernanke Lent His Helicopter to the RBZ?
AllAfrica.com / Posted 1 months ago
as a last resort introduce what he called helicopter money. In hiring the helicopter money idea, Bernanke leased it from Milton Friedman, widely regarded as the engineer of monetary policy. To illustrate that a country faced with the malady of... Read more

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