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Economy

Warpy

(114,539 posts)

7. I always thought Friedman won that Nobel for the density of his prose

Reply to kimbutgar (Reply #6)

Wed Sep 16, 2020, 07:32 PM

Sep 2020

It certainly wasn't for his originality of thought or brilliance of mind.

I remember wondering how anyone could possibly take that horse shit seriously.

The demand side of the equation has been in a depression for the past 30 years, at least, assuming massive debt just to survive.

Friedman saw nothing wrong with that. He seemingly had no clue about just how toxic debt is to an economy.

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Highlight:

The 'free market' manifesto that broke America and led to Trumpism [View all] Warpy Sep 2020 OP

K&R for visibility. nt tblue37 Sep 2020 #1

Trump is a christofascist, corporate greed predates Friedman's essay. Thomas Hurt Sep 2020 #2

A corollary to this is detailed in Nancy McLean's book, "Democracy in Chains." alwaysinasnit Sep 2020 #3

K&R Share the hell out of this. IADEMO2004 Sep 2020 #4

Uncle Milty was like the 2naSalit Sep 2020 #5

In 1980 I was thinking about gong back to school and getting an MBA kimbutgar Sep 2020 #6

I always thought Friedman won that Nobel for the density of his prose Warpy Sep 2020 #7

Friedman, may have overlooked physics and more StClone Sep 2020 #8

Excellent post and thank you for it. yonder Sep 2020 #9

Kick lunasun Sep 2020 #10

One thing that's often overlooked, is that corporations have to be incorporated Xipe Totec Sep 2020 #11

I can't think of any corporation that has had its charter revoked by the state Warpy Sep 2020 #15

Friedman economics are utter BS. Lonestarblue Sep 2020 #12

Milton Friedman Was A Paid Shill DAngelo136 Sep 2020 #13

Its good to see others recognize what a PIG Friedman was... doctorzuma Sep 2020 #14

I hate capitalism I_UndergroundPanther Sep 2020 #16

Capitalism can be a good servant but it's a rotten master. Warpy Sep 2020 #17