Friday, November 17, 2006

Why is Milton Friedman My Hero

What he accomplished by introducing the theory that policy makers couldn't maintain low unemployment by permitting higher inflation, thus, creating low unemployment for the past 27 years starting when Paul Volcker (who became Fed chairman in 1979) put his monetarist theory into practice.

So basically Milton Friedman put food in people mouths by introducing this theory.
Now, let me ask you this, what religion has ever done anything similar to that?
Somehow feeding people was never on any religions’ to do list.

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