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1 day ago · Racism in the form of “I don’t want those people getting my money” was barely concealed. Free market economists such as Milton Friedman and conservative pundits such as William F. Buckley argued for low taxes and small government. The most influential figure was economist Arthur Laffer, who famously sketched out his vision on a cocktail ...
13 hours ago · We encounter economist Milton Friedman, who in 1955 contributed one of the landmark interventions on this question with his book The Role of Government in Education. Friedman argued that a baseline of education is a desirable end for the whole of society.
2 days ago · Louisiana children will soon benefit from Milton Friedman’s idea, an idea he proposed in the 1950’s. Over seventy years later, Friedman’s idea is now reality for all children in twelve states, and for deserving groups of children in 32 states. His idea is bringing real change to public education.
2 days ago · Indeed, even the title of Stiglitz’s book is a riff on Hayek’s classic The Road to Serfdom. He writes: Hayek… claimed that a too-big state was paving the way to our loss of freedom. It is evident today that free and unfettered markets advocated by Hayek and [Milton] Friedman… have set us on the road to fascism, According to Monbiot:
3 days ago · The book The Path of Servitude pointed out that every time[00:07:00] What are the logics and dynamics that also lead to that? The first point, let's say, that has to do with the impossibility of socialism was raised already in 1922 by Mises, in his book Socialism, and what he said is that socialism was unfeasible because it could not be an ...
3 days ago · With ever-more people on the political right rejecting the economics of Adam Smith, F.A. Hayek, and Milton Friedman, it’s refreshing in 2024 to learn that the Heritage Foundation’s Kevin Roberts and Derrick Morgan insist that the conservative movement “cannot abandon free markets” and that “the moral and practical case for free enterprise is as necessary today as it was when Ronald ...
5 days ago · David Friedman on his father Milton. When my parents got married, they decided that there were certain things that were difficult to say and should therefore be replaced by numbers. Only one survived in actual usage. In their family “number two” meant, in my family still means, “You were right and I was wrong.”.
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