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Tag Archives: Milton Friedman
The Inflation Fallacy and central banking debates in the US
Among my favorite contemporary academic economists is N. Gregory Mankiw. I have always found his academic writings very lucid and to the point. I was once again reminded of this today, when I stumbled over some debates about abolishing the … Continue reading
Posted in Economists, Macroeconomics
Tagged central banks, Economic schools, inflation, Milton Friedman, money, N. Gregory Mankiw, Paul Krugman, Quantitative easing, Ron Paul
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Dead economists can’t analyze the present
Of course they can’t. Yet, many pick up some dead economist and speculate what he or she would have thought about some current economic incident or policy. For example, even though a whole industry is still devoted to try figuring … Continue reading
Krugman on Friedman in 2007
I recently stumbled over Paul Krugman’s 2007 article “Who was Milton Friedman?” from the New York Review of Books. In his otherwise very appreciative and balanced biography (not according to all), Krugman writes the following when commenting on Friedman the-free-market-advocate-rather-than-academic-economist: … Continue reading
