Milton Friedman: 1912-2006
November 16, 2006 -- Nobel Prize winning economist Milton Friedman passed away on November 16, 2006 at the age of 94. Friedman was one of
Jun 10, 2011
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November 16, 2006 -- Nobel Prize winning economist Milton Friedman passed away on November 16, 2006 at the age of 94. Friedman was one of
Nobel Prize winning economist Milton Friedman passed away on November 16, 2006 at the age of 94. Friedman was one of the most influential...
The Federal Deposit Insurance Corporation (FDIC) has staffed-up in anticipation of hundreds of bank failures. Major investment banks are on
October 1, 2003 -- Communism is dead; long live capitalism. Surely there is some truth to this claim, as even diehard advocates of communism
Ayn Rand supported a laissez-faire capitalist economic system and defended the morality of making a profit through private business.
In 1859, the first treatise on “best practices” appeared: Self-Help, With Illustrations of Character, Conduct, and Perseverance, by Samuel
Objectivism holds that each person should be responsible for himself, and be free to live as he judges best. This doesn't preclude charity..
Ayn Rand maintained the necessity of a government that kept its “hands off” the private lives of its citizens, while at the same time......
In a society that is basically Objectivist in its beliefs and laws, the only actions that would be illegal would be those that impose harm o
Under laissez-faire capitalism, I doubt that there would be any blanket legal duty to reveal information that would harm one’s business....
Workers' pay in the laissez-faire era of the19th century rose steadily with the innovations that increased productivity and lowered prices..
According to L.H. Rockwell, Jr. (founder and president of the Ludwig von Mises Institute) externalities can be subjective, as costs and....
As such, Nash's contributions to non-cooperative game theory were a major breakthrough in the formal analysis of strategic interaction...
The free market can provide as much security as a statist system. And statism is more to blame for economic instability than most people
Some of the signature values that animated a previous generation—independence, prudence, and self-discipline—seem to be in short supply.....
May 1998 -- In 1987, several railroad executives believed there was a better way to run a railroad. After finding an opportunity to acquire
We’ve heard for years that the government’s deficit was too big. They said it of Reagan’s deficit and George W. Bush’s. But no government...
June 2001 -- [BOOK REVIEW] It's Getting Better All the Time: 100 Greatest Trends of the Last 100 Years. By Stephen Moore and Julian Simon
Part of the Hoover Institution's "essence" series on great twentieth-century economists, The Essence of Hayek is designed for the student of
I am sorry that, living in Argentina as you do, you have suffered through a terrible economic collapse. But you were not living in anything