Milton Friedman

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1d
Swissinfo
Money for nothingsocial justice and equal opportunity. But it was also backed by some libertaria
Money for nothing
Swissinfo / Posted yesterday
social justice and equal opportunity. But it was also backed by some libertarians and economists on the right, including Milton Friedman, as a way of restricting the coercive state and restoring individual choice and freedom. Incredible as it... Read more
1d
Northwest Florida Daily News
PATRICK J. BUCHANAN: History of great nations shows nationalism must come firstthe Smoot-Hawley Tariff, signed eight months after the Crash of ’29, was blamed
PATRICK J. BUCHANAN: History of great nations shows nationalism must come first
Northwest Florida Daily News / Posted yesterday
the Smoot-Hawley Tariff, signed eight months after the Crash of ’29, was blamed for the Depression, Nobel laureate Milton Friedman ferreted out the real perp, the Federal Reserve.Every Republican platform from 1884 to 1944 professed the... Read more
2d
The Atlantic
How the World Workssuch as the decaying Communist holdouts of China and Vietnam, it seems that the
How the World Works
The Atlantic / Posted 2 days ago
such as the decaying Communist holdouts of China and Vietnam, it seems that the ideas of Adam Smith, of Alfred Marshall, of Milton Friedman, have triumphed. We are all capitalists now." This is true only if we accept the most vulgar and imprecise... Read more
3d
dna
How the voucher system can improve the nation's quality of educationexpenditure on education sector does not necessarily translate into better educ
How the voucher system can improve the nation's quality of education
dna / Posted 3 days ago
expenditure on education sector does not necessarily translate into better education. Nobel Prize-winning economist Milton Friedman argued that free-market competition would improve school quality, as students (and their money) would flock... Read more
4d
Op-Ed News
The Myth of Maximizing Shareholder Valueto maximize shareholder value come from? Originally, it seems, from free-market
The Myth of Maximizing Shareholder Value
Op-Ed News / Posted 4 days ago
to maximize shareholder value come from? Originally, it seems, from free-market economists. In 1970, Nobel Prize winner Milton Friedman published a famous essay in the New York Times arguing that the only proper goal of business was to maximize... Read more
4d
Australian Broadcasting Corporation
People or profit: How does the Greens' corporation plan stack up?agreed criteria. But the idea that company directors are narrowly interested i
People or profit: How does the Greens' corporation plan stack up?
Australian Broadcasting Corporation / Posted 4 days ago
agreed criteria. But the idea that company directors are narrowly interested in profit is a myth. Yes, it is true that Milton Friedman once famously said that the sole social responsibility of business is to increase its profits. But good luck... Read more
4d
Market Watch
These are the 67 most important investors of all time— Alfred Winslow Jones, John Burr Williams 1907 — Philip Fisher 1908 — John K
These are the 67 most important investors of all time
Market Watch / Posted 4 days ago
— Alfred Winslow Jones, John Burr Williams 1907 — Philip Fisher 1908 — John Kenneth Galbraith 1912 — John Templeton, Milton Friedman 1915 — Paul Samuelson 1919 — Peter Bernstein 1923 — Merton Miller 1927 — Harry Markowitz 1933 — William... Read more
4d
Op-Ed News
The Myth of Maximizing Shareholder Valueto maximize shareholder value come from? Originally, it seems, from free-market
The Myth of Maximizing Shareholder Value
Op-Ed News / Posted 4 days ago
to maximize shareholder value come from? Originally, it seems, from free-market economists. In 1970, Nobel Prize winner Milton Friedman published a famous essay in the New York Times arguing that the only proper goal of business was to maximize... Read more
4d
Adirondack Daily Enterprise
Who’s the conservative heretic?the Smoot-Hawley Tariff, signed eight months after the Crash of '29, was blamed
Who’s the conservative heretic?
Adirondack Daily Enterprise / Posted 4 days ago
the Smoot-Hawley Tariff, signed eight months after the Crash of '29, was blamed for the Depression, Nobel laureate Milton Friedman ferreted out the real perp, the Federal Reserve. Every Republican platform from 1884 to 1944 professed the... Read more
2 related stories
5d
Business Standard India
Answers to the Strategist quiz (#461)further that everyone is convinced that this is a unique event which will never
Answers to the Strategist quiz (#461)
Business Standard India / Posted 5 days ago
further that everyone is convinced that this is a unique event which will never be repeated."Nobel-winning economist Milton Friedman is known to have coined "helicopter money" in the famous paper "The Optimum Quantity of Money". It has been... Read more
6d
Naked Capitalism
How the "Maximize Shareholder Value" Myth Weakens Companies and Economic Systemshere. We’ve written from time to time that the notion that companies exist to m
How the "Maximize Shareholder Value" Myth Weakens Companies and Economic Systems
Naked Capitalism / Posted 6 days ago
here. We’ve written from time to time that the notion that companies exist to maximize shareholder value was made up by Milton Friedman in 1970 in an intellectually incoherent New York Times op ed. It started to get traction in the 1980s as the... Read more
6d
The Commercial Dispatch
Buchanan: Who's the conservative heretic?the Smoot-Hawley Tariff, signed eight months after the Crash of '29, was blamed
Buchanan: Who's the conservative heretic?
The Commercial Dispatch / Posted 6 days ago
the Smoot-Hawley Tariff, signed eight months after the Crash of '29, was blamed for the Depression, Nobel laureate Milton Friedman ferreted out the real perp, the Federal Reserve. Every Republican platform from 1884 to 1944 professed the... Read more
2 related stories
8d
The Manteca Bulletin
Conservative hereticsthe Smoot-Hawley Tariff, signed eight months after the Crash of ‘29, was blamed
Conservative heretics
The Manteca Bulletin / Posted 8 days ago
the Smoot-Hawley Tariff, signed eight months after the Crash of ‘29, was blamed for the Depression, Nobel laureate Milton Friedman ferreted out the real perp, the Federal Reserve. Every Republican platform from 1884 to 1944 professed the... Read more
2 related stories
10d
Market Watch
Central banks shouldn’t rely on QE, negative interest rates, helicopter moneyan even more extraordinary policy: so-called “helicopter drops.” The idea, intr
Central banks shouldn’t rely on QE, negative interest rates, helicopter money
Market Watch / Posted 10 days ago
an even more extraordinary policy: so-called “helicopter drops.” The idea, introduced by the Nobel laureate economist Milton Friedman in 1969, entails the distribution of freshly printed money directly to the public, with a commitment from the... Read more
10d
The Daily Reckoning
Trump’s Biggest Dealcourse, there’s a better system. Jefferson had the right idea. And Andrew Mello
Trump’s Biggest Deal
The Daily Reckoning / Posted 10 days ago
course, there’s a better system. Jefferson had the right idea. And Andrew Mellon. Friedrich Hayek. Ludwig von Mises. Milton Friedman. Murray Rothbard. Ron Paul. Small, limited government…with no unpayable debt…no phony money…no empire…no... Read more
10d
examiner.com
Obama: ‘Class of 2016, it is your turn now to shape our nation’s destiny’governor of New Jersey and Benjamin Franklin’s son. Among its notable alumni:
Obama: ‘Class of 2016, it is your turn now to shape our nation’s destiny’
examiner.com / Posted 10 days ago
governor of New Jersey and Benjamin Franklin’s son. Among its notable alumni: Paul Robeson, Ozzie Nelson, Nobel-winning economist Milton Friedman, Ford Motor Company CEO Mark Fields, Pulitzer Prize winner Josh Friedman of Newsday. _____________... Read more
10d
Zero Hedge
Bill Clinton Confirms "Wants Economic Role" In Hillary's Administrationwas in the 1960s, when Johnson was unwilling to raise taxes to fund an unpopula
Bill Clinton Confirms "Wants Economic Role" In Hillary's Administration
Zero Hedge / Posted 10 days ago
was in the 1960s, when Johnson was unwilling to raise taxes to fund an unpopular, despite warnings from both Keynesians and Milton Friedman. Economists are still using the excuse of fighting that now 50 year old war (whose severity was greatly... Read more
10d
Naked Capitalism
Mankiw’s Mythical Ten Commandments of Theoclassical Economicsin each of his textbooks. Few people understand how radically theoclassical eco
Mankiw’s Mythical Ten Commandments of Theoclassical Economics
Naked Capitalism / Posted 10 days ago
in each of his textbooks. Few people understand how radically theoclassical economics has moved in the last thirty years. Milton Friedman famously argued that CEOs should operate exclusively in the interest of shareholders. Mankiw, however, is a... Read more
10d
Naked Capitalism
After Distancing Herself From Bill Clinton's Economic Policies, Hillary Wants Him as Mr. Economic Fix Itwas in the 1960s, when Johnson was unwilling to raise taxes to fund an unpopula
After Distancing Herself From Bill Clinton's Economic Policies, Hillary Wants Him as Mr. Economic Fix It
Naked Capitalism / Posted 10 days ago
was in the 1960s, when Johnson was unwilling to raise taxes to fund an unpopular, despite warnings from both Keynesians and Milton Friedman. Economists are still using the excuse of fighting that now 50 year old war (whose severity was greatly... Read more
12d
The Financial Express
Fiscal constraints mean Bank of Japan likely to keep ‘helicopter’ groundedto helicopter money – an untested policy in which a central bank permanently ex
Fiscal constraints mean Bank of Japan likely to keep ‘helicopter’ grounded
The Financial Express / Posted 12 days ago
to helicopter money – an untested policy in which a central bank permanently expands the money supply that Nobel laureate Milton Friedman likened in 1969 to dropping cash from a chopper. In practice, such a policy could mean the BOJ printing... Read more
3 related stories
12d
Zero Hedge
The EndgameThe evidence was plain and simple, but being unresolved Keynes simply dismissed
The Endgame
Zero Hedge / Posted 12 days ago
The evidence was plain and simple, but being unresolved Keynes simply dismissed it and its important implications as well. Milton Friedman also failed. By putting myself in the shoes of an entrepreneurial businessman looking to finance his... Read more
12d
The Star
Fiscal constraints mean BoJ likely to keep helicopter groundedto helicopter money - an untested policy in which a central bank permanently ex
Fiscal constraints mean BoJ likely to keep helicopter grounded
The Star / Posted 12 days ago
to helicopter money - an untested policy in which a central bank permanently expands the money supply that Nobel laureate Milton Friedman likened in 1969 to dropping cash from a chopper. In practice, such a policy could mean the BoJ printing... Read more
3 related stories
12d
Channel NewsAsia
Fiscal constraints mean BOJ likely to keep 'helicopter' groundedto helicopter money - an untested policy in which a central bank permanently ex
Fiscal constraints mean BOJ likely to keep 'helicopter' grounded
Channel NewsAsia / Posted 12 days ago
to helicopter money - an untested policy in which a central bank permanently expands the money supply that Nobel laureate Milton Friedman likened in 1969 to dropping cash from a chopper. In practice, such a policy could mean the BOJ printing... Read more
3 related stories
12d
Reuters
Fiscal constraints mean BOJ likely to keep helicopter groundedto helicopter money - an untested policy in which a central bank permanently ex
Fiscal constraints mean BOJ likely to keep helicopter grounded
Reuters / Posted 12 days ago
to helicopter money - an untested policy in which a central bank permanently expands the money supply that Nobel laureate Milton Friedman likened in 1969 to dropping cash from a chopper. In practice, such a policy could mean the BOJ printing... Read more
3 related stories
12d
Op-Ed News
Capitalism vs Humanitywith this article to show that capitalism does not work, I found, after delving
Capitalism vs Humanity
Op-Ed News / Posted 12 days ago
with this article to show that capitalism does not work, I found, after delving further into the writings of Adam Smith and Milton Friedman, that indeed it does work. I must admit that there is little doubt that in terms of efficiency in the... Read more
12d
The Atlantic
What Happens When You Try to Wean America Off Cheap Oilconservatives criticized the costs of government intervention, which resulted i
What Happens When You Try to Wean America Off Cheap Oil
The Atlantic / Posted 12 days ago
conservatives criticized the costs of government intervention, which resulted in powerful arguments against reform. As Milton Friedman, the Nobel Prize-winning free-market economist and leading critic of Carter’s energy agenda put it, “There... Read more
13d
The Intelligencer and Wheeling News-Register
Success in Capitalism Can Be Failure in Humanitymake such admissions of problems with the unfortunate realities that must ensue
Success in Capitalism Can Be Failure in Humanity
The Intelligencer and Wheeling News-Register / Posted 13 days ago
make such admissions of problems with the unfortunate realities that must ensue from his system, I could find nothing in Milton Friedman that would support them. Friedman's position is clearly stated thus: "So that the record of history is... Read more
13d
Denver Post
Dwyer: Universal basic income may be the next big thingonly to supplement the earnings of the working poor. The tax credit was first p
Dwyer: Universal basic income may be the next big thing
Denver Post / Posted 13 days ago
only to supplement the earnings of the working poor. The tax credit was first proposed in 1962 by conservative economist Milton Friedman. One of his aims was to end the "earnings cliff," in which government aid disappears once income exceeds a... Read more
14d
Belfast Telegraph
Helicopter money: Bankers considering ‘dropping cash from the sky’ to prop up the economyand highly indebted economies around the world. “We are in such a deep deflati
Helicopter money: Bankers considering ‘dropping cash from the sky’ to prop up the economy
Belfast Telegraph / Posted 14 days ago
and highly indebted economies around the world. “We are in such a deep deflationary tract that we should consider what Milton Friedman called helicopter money,” Lord Turner said at a conference on Transforming Finance in London on May... Read more
14d
The Hill
Imports work for AmericaTo paraphrase Milton Friedman and Richard Nixon, we are all importers now. How
Imports work for America
The Hill / Posted 14 days ago
To paraphrase Milton Friedman and Richard Nixon, we are all importers now. How do I know? Chances are you are reading this while you are dressed. Chances are — with approximately 98 percent of the clothes and shoes we buy each year being made... Read more
15d
The Globe and Mail
Where do you begin to parse Trumponomics?as the world’s reserve currency. But what do you expect from an odd-man Republ
Where do you begin to parse Trumponomics?
The Globe and Mail / Posted 15 days ago
as the world’s reserve currency. But what do you expect from an odd-man Republican who channels Milton Bradley more than Milton Friedman? From someone whose fiscal plan would add $12-trillion to the U.S. debt, pushing the debt-to-GDP ratio to 129... Read more
15d
Chicago Tribune
Taming college debt: Purdue's savvy tuition plan(s)schedule. The concept is called an income-share agreement — first proposed by f
Taming college debt: Purdue's savvy tuition plan(s)
Chicago Tribune / Posted 15 days ago
schedule. The concept is called an income-share agreement — first proposed by famed University of Chicago economist Milton Friedman in the 1950s. Here's how it works: A student needs, say, $20,000 for tuition. Instead of borrowing it via... Read more
15d
Naked Capitalism
Clinton Policies Have Hurt Womendisciplinary virtues (which in Hillary’s mouth are twisted in a rhetoric of “em
Clinton Policies Have Hurt Women
Naked Capitalism / Posted 15 days ago
disciplinary virtues (which in Hillary’s mouth are twisted in a rhetoric of “empowerment”), she’s little different than Milton Friedman, the greatest post-war popularizer of the “free market” mythos. “Personal responsibility,” separating the... Read more
15d
Zero Hedge
Should the Gold Price Keep Up with Inflation?inflation as rising prices. Economists will quibble and say technically it’s th
Should the Gold Price Keep Up with Inflation?
Zero Hedge / Posted 15 days ago
inflation as rising prices. Economists will quibble and say technically it’s the increase in the quantity of money, however Milton Friedman expressed the popular belief well. He said, “Inflation is always and everywhere a monetary... Read more
16d
The Manteca Bulletin
Donald Trump can winother countries exploit by protecting their markets and “manipulating” their cu
Donald Trump can win
The Manteca Bulletin / Posted 16 days ago
other countries exploit by protecting their markets and “manipulating” their currency. Assuming this is true, economist Milton Friedman, a Ronald Reagan advisor, said protectionism simply protects against cheap prices for the American consumers.... Read more
17d
dna
Helicopter money: Raghuram Rajan questions economic benefits of direct-to-public money transmissionhe had said. 'Helicopter drop' was first proposed as an alternative to quantit
Helicopter money: Raghuram Rajan questions economic benefits of direct-to-public money transmission
dna / Posted 17 days ago
he had said. 'Helicopter drop' was first proposed as an alternative to quantitative easing by the noted American economist Milton Friedman way back in 1969. However, it became popular when Ben Bernanke referred to this term in 2002, when he was a... Read more
2 related stories
17d
asianage
Raghuram Rajan questions feasibility of 'helicopter money' policyhe had said. 'Helicopter drop' was first proposed as an alternative to quantita
Raghuram Rajan questions feasibility of 'helicopter money' policy
asianage / Posted 17 days ago
he had said. 'Helicopter drop' was first proposed as an alternative to quantitative easing by the noted American economist Milton Friedman way back in 1969. However, it became popular when Ben Bernanke referred to this term in 2002, when he was a... Read more
2 related stories
17d
The Financial Express
RBI governor Raghuram Rajan questions feasibility of ‘helicopter money’ policyhe had said. ‘Helicopter drop’ was first proposed as an alternative to quantit
RBI governor Raghuram Rajan questions feasibility of ‘helicopter money’ policy
The Financial Express / Posted 17 days ago
he had said. ‘Helicopter drop’ was first proposed as an alternative to quantitative easing by the noted American economist Milton Friedman way back in 1969. However, it became popular when Ben Bernanke referred to this term in 2002, when he was a... Read more
2 related stories
19d
Op-Ed News
Quantitative easing: a strategy with no exit.originate in the belief that monetary policy is the instrument of choice to ste
Quantitative easing: a strategy with no exit.
Op-Ed News / Posted 19 days ago
originate in the belief that monetary policy is the instrument of choice to steer the economy to achieve full employment. Milton Friedman is the putative father of quantitative easing. In a famous speech, entitled: "Deflation: Making Sure 'It'... Read more
20d
dna
Raghuram Rajan questions the concept of 'helicopter money'he said. 'Helicopter drop' was first proposed as an alternative to quantitativ
Raghuram Rajan questions the concept of 'helicopter money'
dna / Posted 20 days ago
he said. 'Helicopter drop' was first proposed as an alternative to quantitative easing by the noted American economist Milton Friedman way back in 1969. However, it became popular when Ben Bernanke referred to this term in 2002, when he was a... Read more
20d
The Economic Times
Raghuram Rajan questions 'helicopter money'; says people may not spendhe said. 'Helicopter drop' was first proposed as an alternative to quantitativ
Raghuram Rajan questions 'helicopter money'; says people may not spend
The Economic Times / Posted 20 days ago
he said. 'Helicopter drop' was first proposed as an alternative to quantitative easing by the noted American economist Milton Friedman way back in 1969. However, it became popular when Ben Bernanke referred to this term in 2002, when he was a... Read more
20d
Breitbart
#NeverTrump Movement’s View of Trade Would Have Made Them #NeverReaganPat Buchanan has explained: It was a tariff enacted in June 1930, nine months
#NeverTrump Movement’s View of Trade Would Have Made Them #NeverReagan
Breitbart / Posted 20 days ago
Pat Buchanan has explained: It was a tariff enacted in June 1930, nine months after the Crash of 1929, which occurred, as Milton Friedman won a Nobel Prize for proving, when the stock market bubble, caused by the Fed’s easy money policy, burst.... Read more
22d
The Jewish Press
Milton Friedman, Israel, And The Socialist Jewish ParadoxThe economic theories of Milton Friedman (1912-2006), “the Father of Economic F
Milton Friedman, Israel, And The Socialist Jewish Paradox
The Jewish Press / Posted 22 days ago
The economic theories of Milton Friedman (1912-2006), “the Father of Economic Freedom,” have had broad national and international impact, including a powerful influence on the economic policies of, among others, Ronald Reagan, Margaret Thatcher, and... Read more
22d
Investopedia
The Great Inflation Of The 1970swhich financed huge budget deficits and were supported by political leaders, we
The Great Inflation Of The 1970s
Investopedia / Posted 22 days ago
which financed huge budget deficits and were supported by political leaders, were the cause. This mess was proof of what Milton Friedman said in "Money Mischief. Episodes in Monetary History" (1994): inflation is always "a monetary phenomenon."... Read more
22d
Orange County Register
$15 minimum wage: Good intentions can't drive economyjobless wouldn’t be a bad thing because it would force companies to invest in l
$15 minimum wage: Good intentions can't drive economy
Orange County Register / Posted 22 days ago
jobless wouldn’t be a bad thing because it would force companies to invest in labor-saving technologies. Nobel Prize winner Milton Friedman once heard a Third World bureaucrat, suffering from this fallacy, defend his decision to have poor workers... Read more
23d
The Globe and Mail
Boundless ambition and sense of superiority comes back to haunt CruzBaptist High School in Houston’s fashionable Galleria neighbourhood and was enc
Boundless ambition and sense of superiority comes back to haunt Cruz
The Globe and Mail / Posted 23 days ago
Baptist High School in Houston’s fashionable Galleria neighbourhood and was encouraged to read the works of Adam Smith and Milton Friedman, as well as the Austrian economist Ludwig von Mises, a particular hero of U.S. libertarians. A novel Mr. Cruz... Read more
23d
Canberra Times
Bring on helicopter drops of money for Europe and Japan, says Capital EconomicsFile photo The term "helicopter money" stems from a scenario envisaged by the
Bring on helicopter drops of money for Europe and Japan, says Capital Economics
Canberra Times / Posted 23 days ago
File photo The term "helicopter money" stems from a scenario envisaged by the late, Nobel-prize-winning American economist Milton Friedman in the 1960s. If banknotes were dumped out of a helicopter, he reasoned, people finding the money would... Read more
2 related stories
23d
The Age
Bring on helicopter drops of money for Europe and Japan, says Capital EconomicsFile photo The term "helicopter money" stems from a scenario envisaged by the
Bring on helicopter drops of money for Europe and Japan, says Capital Economics
The Age / Posted 23 days ago
File photo The term "helicopter money" stems from a scenario envisaged by the late, Nobel-prize-winning American economist Milton Friedman in the 1960s. If banknotes were dumped out of a helicopter, he reasoned, people finding the money would... Read more
2 related stories
23d
Sydney Morning Herald
Bring on helicopter drops of money for Europe and Japan, says Capital EconomicsFile photo The term "helicopter money" stems from a scenario envisaged by the
Bring on helicopter drops of money for Europe and Japan, says Capital Economics
Sydney Morning Herald / Posted 23 days ago
File photo The term "helicopter money" stems from a scenario envisaged by the late, Nobel-prize-winning American economist Milton Friedman in the 1960s. If banknotes were dumped out of a helicopter, he reasoned, people finding the money would... Read more
2 related stories
23d
The Globe and Mail
Janus’s Bill Gross: ‘Helicopter money’ is coming in a year or sothe process continues uninterrupted.” “Helicopter money” is a reference to an
Janus’s Bill Gross: ‘Helicopter money’ is coming in a year or so
The Globe and Mail / Posted 23 days ago
the process continues uninterrupted.” “Helicopter money” is a reference to an idea made popular by the American economist Milton Friedman in 1969 when he suggested that dropping money out of helicopters for citizens to pick up was a sure way to... Read more
5 related stories
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