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Vor einem Tag · In an effort to examine that issue, Nobel Laureate economists Milton Friedman, Gary Becker, and Douglas North, along with a host of other economists and public policy experts, created a numeric measure of the overall level of government intervention in the economy, where lower levels of intervention were referred to as higher levels of “economic freedom.”
Vor 3 Tagen · In his 1955 essay «The Role of Government in Education,» Nobel Prize-winning economist Milton Friedman diagnosed a worrying trend toward ever-greater political influence within the education ...
Vor 17 Stunden · Note the dates of the establishment of these two funds in relation to Milton Friedman’s now infamous New York Times Magazine article published in 1970 in which he declared that the only social responsibility of business was “to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game.” The establishment of these funds at ...
Vor 5 Tagen · Nobel laureate and economist Milton Friedman looks back at his long career and analyzes the state of the U.S. economy today.Join us on Patreon! https://www.p...
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Vor einem Tag · Hong Kong similarly experienced its own Age of Liberty after 1945 and came to be called the world’s freest economy by Milton Friedman. There were nonetheless strong undercurrents of inequality. The first serious economic inequality challenge appeared in 1966–1968, when there was widespread rioting in protest against working and living conditions in the colony.
Vor einem Tag · After taking the United States off the gold standard in 1971, Nixon famously remarked, “I am now a Keynesian in economics,” referencing the famous quote from Milton Friedman, “We are all Keynesian now” (TIME 1965). Indeed, the Nixon administration employed many mainstream Keynesian economists and valued their expertise (Williams 1998).
