I usually romp through Eamonn Butler’s books and Milton Friedman: A concise guide to the ideas and influence of the free-market economist was no exception. The book sets out how Friedman became a public intellectual of worldwide influence, how to end financial crises and how to cure inflation. People, trade […]
Read MoreIn continuing my sometimes-reported study of money, I have been reading Milton Friedman’s “Capitalism and Freedom”. After dismissing a thoroughly automatic commodity standard, chiefly on the grounds of practicality, Friedman moves on. Reviewing the establishment and effects of the Federal Reserve System, he writes: No sooner was the [Federal Reserve] […]
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