Donations
Please consider donating to help keep this blog running.
- Economic Thought on Facebook
Tag Archives: Friedman
Political Tyranny, But Economic Liberty
Friedman believed capitalism could work hand-in-hand with totalitarianism and absolutism. Milton Friedman was in error. Economic liberty and political freedom are one in the same. Continue reading
Posted in Books, Theory
Tagged Capitalism, Economics, fascism, freedom, Friedman, milton, political
Leave a comment
Interesting Links
Some links for the week of 29 April 2010. Continue reading
Hayek and Robbins Caused the Great Depression?
Lawrence White corrects Friedman, Bernanke, DeLong, et. al., on Hayek’s and Robbin’s roles during the Great Depression. Continue reading
Posted in Miscellaneous
Tagged Bernanke, DeLong, Depression, Friedman, Great, Hayek, inflation, liquidation, Robbins, White
Leave a comment
Neither Keynes nor Friedman
The Federal Reserve did try to bailout banks during the Great Depression, Hoover did outspend every prior president in an attempt to stimulate the economy and no recession is caused by a drop in aggregate demand. These are Keynesian myths. Continue reading