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Posts Tagged ‘Nobel Prize’

The Problem with Milton Friedman – Compendium

Posted in Economic Bubbles, Economic Regulation, Economics, tagged , , , , 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 [...]

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Lets Please Stop Giving the Nobel Prize for Economics

Posted in Economic Regulation, Economics, tagged , , 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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Milton Friedman – Economist/Intellectual Prostitute

Posted in Economic History, Economics, Misleading Financial Institutions, Monopoly, tagged , , , , , , , , , on January 10, 2008 | 14 Comments »

Abstract There is no more damaging academic in the 20th century than Milton Friedman. His philosophies caused widespread economic problems and inequality not only in his home country but internationally as well. Milton Friedman is considered a giant of 20th century economics, and is probably the most influential economist of the past 100 years. The [...]

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