Executive compensation must not be questioned in the US. According to Milton Friedman whatever executives make they “earn.” There is no such thing as a free lunch. Individuals should not get perturbed by the fact that executives who strip assets from companies and move production to countries that have no labor standards or pollution standards [...]
Posts Tagged ‘Milton Friedman’
CEPR Nails It on Executive Compensation
Posted in Markets and Efficiency, Uncategorized, tagged Milton Friedman on January 16, 2010 | Leave a Comment »
Michael Hudson on How Banks Really Make Money
Posted in Alternate Economic Philosophies, Banking, Lauded Sources, tagged Michael Hudson, Milton Friedman on December 23, 2009 | 1 Comment »
In the modern Sarah Palin / Milton Friedman US culture, Michael Hudson is a Communist because he opposes the consolidation of power and the mistreatment of the non elite. These ideas can get you kicked out of the nicer cocktail parties in this country. Michael Hudson In an era when most economists are content to [...]
Child Pornography Shows That Markets Do Work
Posted in Uncategorized, tagged Milton Friedman, Slavery on December 9, 2009 | 4 Comments »
Government bureaucrats once again interfering with the free market. Why Markets Always Work This articles is basically to point out the victories of conservative thinkers and corporations on the topic of the triumph of the markets and the total lack of necessity regarding regulation. The case for free markets and unfettered entrepreneurialism is even greater [...]
Jeffery Sachs Part of the Corrupt Power Structure
Posted in Corrupt Economists, tagged Jeffery, Milton Friedman, Sacks on June 26, 2009 | Leave a Comment »
Columbia’s Fictional Bio Jeffery Sachs’ Columbia webpage is effusive with accomplishments, committees he sits on, and presents him as both a genius and an all around great guy. What is missing from from his resume is his work with Russia during the 1990s when he was one of the architects of Russia’s economic collapse, along [...]
Stanford has a Taste for Facsism – and Condi
Posted in Intellectual Fraud, Think Tanks, tagged Condoleeza Rice, Donald Rumsfeld, Hoover Institute, Milton Friedman, Stanford on May 4, 2009 | 1 Comment »
Stanford seems to be trying to monopolize the acquisition of people who are both evil and consistently wrong. They recently re-hired Condoleeza Rice as a professor and set her up as a Senior Fellow at the Hoover Institute. Largely regarded as “a hand puppet” with very few original ideas, and willing to repeat almost any [...]
Michael Hudson on Real Estate Taxation
Posted in Banking, Debt Peonage, Economic Bubbles, Economic History, Real Estate, tagged Michael Hudson, Milton Friedman on May 4, 2009 | 1 Comment »
Michael Hudson has been covering real estate for some time and is one of the very few experts on real estate taxation. The picture above is a good representation of how banks see the optimal real estate situation, people who are so in debt that they have to allocate most of their income to their [...]
The Problem with Milton Friedman – Compendium
Posted in Economic Bubbles, Economic Regulation, Economics, tagged Milton Friedman, SEC, Nobel Prize, Naomi Klein, Larry Summers on April 30, 2009 | 3 Comments »
Professor Friedman felt both that corporations had no business spending money for social good, and that business should not be regulated, because all regulation would eventually be captured by business interests. What type of world would this result in we wonder? Of the posts on this blog, those related to Milton Friedman seem to be [...]
Stanford Lowers Itself by Having the Hoover Institute
Posted in Corrupt Economists, Deliberately False Financial Information, Economic Regulation, Misleading Financial Institutions, tagged Milton Friedman, Stanford, Hoover Institute, Donald Rumsfeld, Enron, SEC, Slavery on February 5, 2009 | 4 Comments »
The Hoover Institute has little to do with serious scholarship, and more to do with neo-con and ultraconservative ideology. Their research is clearly doctrinal and people with independent minds interested in real economics would be good to ignore the Institute’s ‘findings.” Real economists do perform research for them, but when they do, it is to [...]
Its Time to Privatize Our Nuclear Arsenal
Posted in Globalization, Misleading Financial Institutions, Privatization, tagged Citibank, Goldman Sacks, Hoover Institute, Milton Friedman, Obama, SEC on January 28, 2009 | Leave a Comment »
Our nuclear arsenal is the best in the world. We have close to 6000 ICBMs and 200,000 total nuclear devices. Its time to bring the benefits of privatization and the markets to our arsenal so this segment of the economy can benefit the way that our financial markets have benefited from unregulated chaos. Responding to [...]
Lets Please Stop Giving the Nobel Prize for Economics
Posted in Economic Regulation, Economics, tagged Milton Friedman, Nobel Prize, LTCM on January 20, 2009 | Leave a Comment »
The Flawed Awarding to Milton Friedman The Nobel committee in economics has made some serious errors over the past several decades. One of the greatest gaffes of all time was awarding the prize to Milton Friedman. As extremist and irrational a supporter of elite power as an Islamic fundamentalist, Friedman’s supporters (mostly concentrated power) has [...]
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