Milton Friedman is the greatest human being who ever lived.
When I was lost in life this man helped me find my way
- Thread starter HawkeyeHitman
- Start date
An economist helped you find your way and is the greatest man to ever live?
I might have gone with Jesus or if you prefer a non-religious based answer someone who sacrificed themselves for a greater good or saved a lot of lives.
Nothing against economists but helping people find their way and being the greatest person to ever live seems above their pay grade.
I might have gone with Jesus or if you prefer a non-religious based answer someone who sacrificed themselves for a greater good or saved a lot of lives.
Nothing against economists but helping people find their way and being the greatest person to ever live seems above their pay grade.
...and here I thought you were going to say Friederich Hayek.
One of the major criticisms of Friedman’s influence is the deregulation of the financial sector, a hallmark of his free-market ideology. Throughout the 1980s and 1990s, U.S. policymakers, inspired by Friedman’s views, rolled back many regulations that had been designed to protect the financial system. Notably:
- The repeal of the Glass-Steagall Act in 1999, which had separated commercial banking from investment banking, is seen as a key moment in deregulation. It allowed financial institutions to engage in riskier activities, such as trading in derivatives and mortgage-backed securities, which played a central role in the collapse.
- Deregulation also allowed banks to engage in highly leveraged activities, making them vulnerable to shocks in the housing and credit markets.
hawkeyetraveler
HB Heisman
What would Milton Friedman say about the idea of spending 10’s or even 100’s of millions building a new Mississippi River bridge so the 17,043 residents of Clayton County don’t have to drive the 10-20 miles up to Marquette to cross the Mississippi?
Your hero would call you a dumbass.
Damn, it’s down to that?
Oof. Growing up, there was always 20,000+ in Clayton County.
hawkeyetraveler
HB Heisman
Dr. Friedman lived in San Francisco after he retired and a friend of mine ran into him and his wife at a party ... one of those charity events that happen there all the time ... something formal in any case. In any event my friend (a co-worker, really) received a phone call a few days later from Mrs. Friedman who invited him to dinner at their place.
He went, was the only guest, had a great time, and talked about it for quite a while after.
Incidentally, his wife was a highly competent economist in her own right.
I love what Milton Freidman stood for and accomplished. (I also love hyperbole.)
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Allow me to add the powers that ran my own business school fashioned our curriculum largely after the one created at the University of Chicago. Dr. Freidman was highly regarded and highly respected at Cal, an attitude that was at odds with what I had expected in the decade following the 1960's.
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I hadn't heard they are building a bridge? Do you have a link please?
hawkeyetraveler
HB Heisman
No such plans exist that I’m aware of.
OP has made repeated statements that they should build such a bridge - despite what a ludicrously bad economic idea that would be. @LunchBox50 and others have had a great deal of fun at OPs expense on the bridge idea (it’s an running joke) and I just found it funny considering his hero would have found that idea to be laughable.
DA MILTON FRIEDMAN ISN'T A SEMEN AND SOY GUZZLIN MARXIST LIBTAHD WHO HANGS OUT IN DA INTERSTATE BATHHOUSES AND SPREADS DA AIDS AND DA COMMUNISM!!!!!!!!! FRIEDMAN IS A REAL HERO UNLIKE DA SQUAD AND DA BERNIE AND DA KAMALALALALA AND DA CHE GUEVARA AND DA SLY STALLONE!!!!!!!!!!!!!!! IF ME AND DA FOOKIN HITMAN WERE IN SOUTHERN CLAYTON COUNTY WITH DA FRIEDMAN, WE'D CRACK OPEN A COUPLE CANS OF ICE COLD SPRITE AND TALK ABOUT USING DA TARIFFS TO GET DA DAMN CASSVILLE BRIDGE BUILT INSTEAD OF GIVING MONEY TO DA ILLEGALS, DA UKRAINE, DA WELFARE AND DA RADICAL LEFTIST MARXISTS WHO REFUSE TO MAGA!!!!!!!!!!!!!!!!!!!!!
IF THEY HAD DA CASSVILLE BRIDGE DA POPULATION OF SOUTHERN CLAYTON COUNTY WOULD BE MORE THAN POLK COUNTY BUT NO WE HAVE TO SPEND DA MONEY ON DA RADICAL LEFTISTS WHO HANG OUT IN DA INTERSTATE BATHHOUSES AND DON'T DRINK ICE COLD CANS OF REFRESHING SPRITE AND WEAR THEIR CHE GUEVARA SHIRTS!!!!!!!!!!!!!!!
