Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Showing posts with label Milton Friedman. Show all posts
Showing posts with label Milton Friedman. Show all posts
Thursday, October 31, 2013
Marc Faber : I doubt Keynes would approve of current policies. Neither would Milton Friedman
Marc Faber : They are applying neo-Keynesian theories that call for the government to
step in after a recession to boost demand. This might be right in some
instances, but I doubt Keynes [British economist John Maynard Keynes]
would approve of current policies. Neither would the late economist
Milton Friedman, even though Bernanke invoked him to justify his
actions. The neo-Keynesians would argue that if the Fed hadn't flooded
the system with money, things would have been much worse. That might be
true, but they would have been worse for a shorter period of time. - in a recent Barron's Interview
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Friday, December 24, 2010
How to Cure Inflation Featuring Milton Friedman
How to Cure Inflation Featuring Milton Friedman
Milton Friedman Biography from Wikipedia :
Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, a professor at the University of Chicago, and the recipient of the Nobel Prize in Economics. Among scholars, he is best known for his theoretical and empirical research, especially consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.[1] He was an economic advisor to U.S. President Ronald Reagan. Over time, many governments practiced his restatement of a political philosophy that extolled the virtues of a free market economic system with little intervention by government. As a leader of the Chicago school of economics, based at the University of Chicago, he had great influence in determining the research agenda of the entire profession. Milton Friedman's works, which include many monographs, books, scholarly articles, papers, magazine columns, television programs, videos, and lectures, cover a broad range of topics of microeconomics, macroeconomics, economic history, and public policy issues. The Economist described him as "the most influential economist of the second half of the 20th century…possibly of all of it".
Milton Friedman Biography from Wikipedia :
Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist, statistician, a professor at the University of Chicago, and the recipient of the Nobel Prize in Economics. Among scholars, he is best known for his theoretical and empirical research, especially consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.[1] He was an economic advisor to U.S. President Ronald Reagan. Over time, many governments practiced his restatement of a political philosophy that extolled the virtues of a free market economic system with little intervention by government. As a leader of the Chicago school of economics, based at the University of Chicago, he had great influence in determining the research agenda of the entire profession. Milton Friedman's works, which include many monographs, books, scholarly articles, papers, magazine columns, television programs, videos, and lectures, cover a broad range of topics of microeconomics, macroeconomics, economic history, and public policy issues. The Economist described him as "the most influential economist of the second half of the 20th century…possibly of all of it".
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