Milton Friedman

Nothing is so permanent as a temporary government program. Or--if I may embellish economist Milton Friedman's quote-- a temporary home design solution. A thick piece of yarn stretches across the 10-foot wall. Like a clothesline airing too...

In this article: Lake Forest, Calif., Plexiglas, and New Britain, Conn.

...have gone rogue to make a power grab. It reminds one of the distinctions that the late economist Milton Friedman made between capitalism and communism when he asked why communism, a system motivated by power, was preferable to capitalism, a...

In this article: China, WoW, Communism, Capitalism, World of Warcraft, Ministry of Culture, Cash cow, and Blizzard Entertainment

...care reform. Because lord knows that PG&E and Apple would be happy to let those issues slide. Jackson West figures event organizers must have hoped the ghost of Milton Friedman would show up. First Published: Nov 19, 2009 3:26 PM PST

In this article: San Francisco, Global warming, United States Chamber of Commerce, Sierra Club, and Pacific Gas & Electric

Taxes, even counting hidden taxes, are not the real measure of what the thieves take. The true burden of government, the late Milton Friedman said, is the spending level. Taxation is just one way government gets money. The other...

In this article: Tax, New York City, Bill O'Reilly, John Stossel, Inflation, California, Junk food, Recession, Medicare, and Fox Business Network

...that while Fed Chairman Ben Bernanke is typically portrayed as a follower of John Maynard Keynes, Bernanke's real inspiration is Milton Friedman. Try Reason's award-winning print edition today! Your first issue is FREE if you are not...

In this article: Ben Bernanke and John Maynard Keynes

The Fed chairman is portrayed as a follower of John Maynard Keynes, but his real inspiration is Milton Friedman. Penn Bullock from the December 2009 issue When Ben Bernanke took charge of the Federal Reserve in 2006, the media made a...

In this article: Ben Bernanke, Federal Reserve System, Anna Schwartz, Inflation, Deflation, Alan Greenspan, Barack Obama, and Economics

...of the health bill by saying it was like the "draft." This recalls a debate 30 years ago between Gen. William Westmoreland and Milton Friedman about whether the United States should go to an all volunteer army. Westmoreland said he "did...

In this article: William Westmoreland, Tax, United States, Revenue, Financial crisis, Cato Institute, Internal Revenue Service, and Jack Reed

...goods -- the goods we consume individually -- and the difficulties that characterise the supply of public goods. Milton Friedman best captured the underlying predicament when he said it is "the great advantage of the market that it...

In this article: John Maynard Keynes, Karl Marx, Capitalism, History, Mode of production, Australian Taxation Office, Das Kapital, and Clarence Saunders

...you simply trigger a new war for his patch, with the rest of us caught in the crossfire. In 1986, the Nobel-prize winning economist, Milton Friedman, calculated that there are 10,000 murders in the US alone every year caused this way.

In this article: Heroin, Cannabis, United States, Portugal, Human beings, and Moonshine

How Milton Friedman would love to be alive now that his theories are being tested. Published: 6:51PM GMT 29 Oct 2009 The 80th anniversary of the Wall Street Crash is a reminder that the famous economist's thinking now guides the fight...

In this article: Ben Bernanke, The Fed, Deflation, US, Balance sheet, Small government, Big government, Recession, and Toxic waste