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Friedman Dead at 94
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Thread: Friedman Dead at 94
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11-16-2006, 12:48 PM #1% ELITE MEMBER
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Friedman Dead at 94
Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of three U.S. presidents, died Thursday at age 94.
A believer in the principles of 18th century economist Adam Smith, he consistently argued that individual freedom should rule economic policy. Outspoken and controversial, Friedman saw his theories attacked by many traditional economists such as Harvard’s John Kenneth Galbraith.
His theory of monetarism, adopted in part by the Nixon, Ford and Reagan administrations, opposed the traditional Keynesian economics that had dominated U.S. policy since the New Deal. He was a member of Reagan’s Economic Policy Advisory Board.
http://www.msnbc.msn.com/id/15750712/
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11-16-2006, 01:32 PM #2Senior Member ELITE MEMBER
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11-16-2006, 01:35 PM #3% ELITE MEMBER
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I'm a direct opponent of Friedman's policies, but the guy has had a hell of life.
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11-16-2006, 01:37 PM #4Senior Member ELITE MEMBER
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Originally Posted by Decker
I didn't think you would agree with Reagonomics.Nixon, Ford and Reagan administrations
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11-16-2006, 01:47 PM #5% ELITE MEMBER
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Damn. I'm that obvious? hahaha. I need new game...new moves....a different style. Originally Posted by min0 lee
I didn't think you would agree with Reagonomics.
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11-16-2006, 01:59 PM #6Senior Member ELITE MEMBER
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Well I try to keep up with you... Originally Posted by Decker
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11-16-2006, 02:02 PM #7Metrosexual ELITE MEMBER
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Libertarian? Originally Posted by Decker
So many cries of inequality stem from one of group
of people doing little or nothing and then bitching
about another group that actually does something
to improve their lives.
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11-16-2006, 07:42 PM #8Registered User
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Didn't really know of him..I used a Robert Rubin quote/reference in a political thread a long time ago and got flamed by everyone.
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