Milton Friedman

Discussion Section with Kevin Murphy | Becker Friedman Institute

In his latest Discussion Section interview, Kevin Murphy interviews Lars Peter Hansen, the David Rockefeller Distinguished Service Professor. Below …

Chicago Booth

Princeton Entrepreneurship Council (PEC)

The Princeton Entrepreneurship Council’s highly successful TigerTalks in the City series has expanded westward. The panel discussion program bringing …

Blockchain

How Economic Freedom Indexes Misunderstand Sound Money and Inflation

Print<p>Institutions matter. Economists of the classical period knew that well. In recent years, economists have increasingly included institutional …

Economics

Milton Friedman Predicted Socialism Would Kill Democracy. Instead, Trump Is.

In 1962, the conservative philosopher Milton Friedman wrote a classic essay titled “Capitalism and Freedom.” Friedman argued that a capitalist system …

Donald Trump

How the Trump trade turned upside down

When president Trump was elected the markets rejoiced in the fact that there was a business-friendly administration which would help nurture the …

Stock Markets

Chart of the day: Administrative bloat in US public schools

Originally posted in January, now re-posted…..<p>From Benjamin Scafidi at The Friedman Foundation for Educational Choice:<p>America’s public schools are …

Education

Has the "Libertarian Moment" Passed?

In his opening column for <i>The Atlantic</i>, Kevin Williamson ponders the place of libertarians (or, if you prefer, "classical liberals") in today's …

Sean Hannity

Milton Friedman, and the Total Discredit of 'Corporate Social Responsibility'

<i>“There is one and only one social responsibility of business—to use its resources and engage in activities designed to improve its profits so long as</i> …

Investing

Alex Morton: Without capitalism in capital markets, Corbyn wins

More by this author<p>Alex Morton: Scrapping coins and squeezing cash would be an assault on our own voters<br>• Alex Morton: This new planning framework …

Economics

What the Fed Could Learn From Bitcoin

The cryptocurrency is committed to passive monetary policy.<p>Shortly after Ronald Reagan was elected president, former Federal Reserve Chairman Arthur Burns paid a visit to then-Fed Chairman Paul Volcker. Burns brought a warning: The president-elect’s advisers, led by Milton Friedman, wanted to …

Federal Reserve

Wealth, Commerce and Philosophy: Foundational Thinkers and Business Ethics

2018.03.25 : View this Review Online | View Recent NDPR Reviews<b></b><b>Eugene Heath and Byron Kaldis (eds.), Wealth, Commerce and Philosophy: Foundational</b> …

Philosophy

Antitrust as Corporate Governance: Why a Firm’s Mission Is to Earn No Profit

BlackRock, the vast asset manager, has been feted for demanding that the boards of its portfolio firms pursue a social purpose, which likely entails …

Columbia University

Midterm promises: Dems want to raise taxes, GOP to cut them

Most people do not realize that the Democrats are running for Congress this year on a pledge to raise taxes, on you and your employer. In sharp …

Economics

The Global Energy Challenge: Opportunities For Better Balancing Economic Growth and Environmental Quality in China | Energy Policy Institute at University of Chicago

Michael Greenstone is the Milton Friedman Professor in Economics, the College, and the Harris School, as well as the Director of the …

University of Chicago

Why The Fed Is Tightening With Low Inflation - And The Danger Of It

The Fed has announced their expectations for tightening over the next three years, including three or four rate hikes this year including the March …

Economics

No free lunches so why are we feeding foreign multinationals' profits?

Most people don't realise it, but we're on the verge of letting foreign multinationals pay less tax on the profits they earn in Australia because we …

Economics

Live webcast: A Conversation with U.S. Senator Mark Warner at 2:30 p.m. CDT on April 2nd

The U.S. economy is in the midst of rapid structural and technological change. The past decade has been marked by a continued decline in U.S. …

Mark Warner

Pure Monetary Policy Does Not Make Sense, And Nor Does Pure Fiscal Policy

By "pure monetary" policy, I mean adjusting interest rates. The problem there is (strange to relate) that interest rates have to be kept artificially …

Business

Corporations and the Culture Wars

<i>Posted by David A. Katz and Laura A. McIntosh, Wachtell, Lipton, Rosen & Katz, on Friday, March 23, 2018</i> Increasingly, corporations are finding …

NRA

EconChallenge

Welcome<p>To the Nebraska EconChallenge ONLINE!<p>The Challenge is about to begin<p><b>February 27 to March 13, 2018 - Spring Online Competition</b>• <b><br>March 23, 2018</b>- …

Education

The Proper Role of Government | Ezra Benson

<i>Mr. Benson, former Secretary of Agriculture, has long been active in agricultural affairs and on behalf of The Church of Jesus Christ of Latter-Day</i> …

Ford Motor Company

Politicians show their true colours over South African farmer fiasco

The real ugliness of the South African farmer question, built on spurious figures and indifference to non-white suffering, is that its cynical …

Keynesian Economics

Scammers con generous Petaluma business with credit cards stolen from fire victims

Smith: Scammers said they were helping Sonoma County fire victims, but used their stolen credit cards<p>THE PRESS DEMOCRAT | March 20, 2018, 2:35PM<p>| …

Nobel Prize

Change! (Social Purpose Business)

If we are to live in a fair, just, ecologically sustainable world, many things in our economy will need to change, from the way banks create money to …

British Columbia

A Conversation with U.S. Senator Mark Warner

On Economic Policy, the Future of Work, and Capitalism in the 21st Century<p>April 2, 2018<p>–<p>Ida Noyes Hall, Cloister Club, 1212 E 59th St, Chicago, IL …

Economics

Americans are losing faith in the government to solve their problems — and turning to corporations instead

They figure Congress won’t act, so why not try Jeff Bezos and Jamie Dimon?<p>The aftermath of the school shooting in Parkland, Florida, led to some real changes around guns in America — but it was corporations, not Congress, leading the way.<p>Dick’s Sporting Goods promised to end assault weapons …

Politics

The New CCO: Chief Conscience Officer

It has proven to be a labor of love to keep hope and conscience alive in 2018.<p>The most recent Edelman Trust Barometer not only spotlights the dismal …

Public Relations

Popular Economics. John Kenneth Galbraith, Milton Friedman and the Shaping of Public Opinion in the United States and Great Britain, 1955-1985

This project aims to investigate the fall of (post-)Keynesian economics and the rise of economic neoliberalism as part of a broader cultural change …

Economics

Toys 'R' Us is closing because capitalism is awesome, so stop whining

On Thursday, Toys "R" Us announced that, after 70 years as <i>the</i> major toy chain, it was going defunct. Immediately there was a nostalgic backlash of …

Barnes & Noble

close

A full PDF version of this blog is available here.<p>Introduction<p>In February, the Wisconsin State Assembly passed a bill to provide both child tax …

Economics