tag:blogger.com,1999:blog-3758330678390419129.post4267914604356316783..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: More on Milton Friedman: Good Guy or Bad Guy?Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-3758330678390419129.post-80298111502379309622021-04-18T20:40:58.560-04:002021-04-18T20:40:58.560-04:00“...with "Learned Opinion", controlling ...“...with "Learned Opinion", controlling the Money Supply would be easy. You could not Micro-Manage the Money Supply but if it expanded at a slow constant rate, it would roughly match the increase the Production of Goods and Services and would provide Stable Prices through long periods of time.”<br /><br />Uh, yeah how exactly has that worked out? I contest not very well. As Stockman Artlesshttps://www.blogger.com/profile/18343775134565745145noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-3200749647288170452021-04-18T15:39:40.031-04:002021-04-18T15:39:40.031-04:00I will make just two points on Friedman's poli...I will make just two points on Friedman's policy proposals with respect to vouchers and the "monetary rule."<br /><br />!. RW says: "As for 'school vouchers provided some choice in schooling (some choice is better than no choice),' this is still about leaving the government in control of what is education. Why would any libertarian push this?"<br /><br />But no oneDominickhttps://www.blogger.com/profile/10113091064299237392noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-46087338904937845432021-04-18T12:34:38.758-04:002021-04-18T12:34:38.758-04:00Setting aside the question of Friedman, the greate...Setting aside the question of Friedman, the greater question is: Why did the Liberal Revolutions of the Eighteenth and Nineteenth centuries fail? They failed because the liberals lost the battles of the banks and the schools.<br />We've got to be radicals on the banks and the schools, people!<br /><br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61030969218907159382021-04-18T10:12:23.309-04:002021-04-18T10:12:23.309-04:00I would say "Yes" for the following:
Th...I would say "Yes" for the following:<br /><br />The reasons for the Great Depression were laid-off on "Speculators" and such, as if Sellers had no choice in their Decisions. Friedman and Schwartz showed that the Money Supply fell by a full 1/3 - Not the "Rate of Increase/Decrease but the Quantity itself.<br /><br />This was Empirical/Scientific Work, not speculative workCharleshttps://www.blogger.com/profile/05417810805625984670noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-76528847464431439762021-04-18T09:49:42.855-04:002021-04-18T09:49:42.855-04:00https://mises.org/wire/radicalism-and-calling-spad...https://mises.org/wire/radicalism-and-calling-spade-spade <br /><br />"INTERVIEWER: Some of those debates became very, very heated. I think [Ludwig] von Mises once stormed out.<br /><br />MILTON FRIEDMAN: Oh, yes, he did. Yes, in the middle of a debate on the subject of distribution of income, in which you had people who you would hardly call socialist or egalitarian — people like Lionel Sui Jurishttps://www.blogger.com/profile/13797769895327734780noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-80333629587298034362021-04-18T06:33:09.351-04:002021-04-18T06:33:09.351-04:00Friedman's support of Central Banking necessar...Friedman's support of Central Banking necessarily relies upon an unsubstantiated claim that the market fails and naturally produces mass unemployment and other problems. Talk about handing the statists a 4 by 4 with which to beat us over the head. Where's the evidence from the Friedmanites that the market fails?Bob Roddishttps://www.blogger.com/profile/17263804608074597937noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-89840030450941825672021-04-18T03:22:33.461-04:002021-04-18T03:22:33.461-04:00So, to sum up: did Friedman's entire body of w...So, to sum up: did Friedman's entire body of work, his influence, and his legacy bring us closer to liberty or not?Erichttps://www.blogger.com/profile/11511367878944127068noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75504060600084375382021-04-18T02:53:48.757-04:002021-04-18T02:53:48.757-04:00Is there another alternative in Classification her...Is there another alternative in Classification here? Friedman was an Advocate for the "Demand Side" of Conservative Economic Theory. He was...ummm...not a Fan of the Gold Standard since, with "Learned Opinion", controlling the Money Supply would be easy. You could not Micro-Manage the Money Supply but if it expanded at a slow constant rate, it would roughly match the Charleshttps://www.blogger.com/profile/05417810805625984670noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-34610254991162833042021-04-18T02:24:26.041-04:002021-04-18T02:24:26.041-04:00Believe it or not I was first introduced to Friedm...Believe it or not I was first introduced to Friedman when I took ap history my sophomore year in high school. At the time I was a quasi-Georgist, but still considered myself a "capitalist." I found a lot to like about Friedman at the time, though it would really be Ron Paul that pushed me towards learning the Austrian school.<br /> <br />Regardless he will always hold a place for me in Anonymoushttps://www.blogger.com/profile/06765406987392111266noreply@blogger.com