The great man is dead but his philosophy shall thankfully live on.
Milton Friedman for those who don't know was a Nobel Laureate for Economics. He was the leading thinker that inspired the free market economics of Reagan & Thatcher and brought the West out of the post-war years. He was a champion of privatisation & deregulation and thus inspired the Progressive Democrats in forming our economic policies.
BBC Obituary
Freedom, Tolerance & Equality of Opportunity
Economic Left/Right: -1.25
Social Libertarian/Authoritarian: -1.33
As any economist will tell you
In the long run .. we're all dead
RIP
1,197 people agree with me.. how many agree with you ?
Did a PD have to put this up???
Life is a beautiful magnificent thing, even to a jelly fish ~ Charlie Chaplin
Hehe Yes
Like any human being he wasn't perfect, i'm thinking of Chile & Pinochet, but overall he did a lot to advance liberal economics.
Freedom, Tolerance & Equality of Opportunity
Economic Left/Right: -1.25
Social Libertarian/Authoritarian: -1.33
He was a true liberal and championed causes like decriminalising prostitution and drugs, not out of some unthinking devotion to ideology but precisely because he thought the problems through and applied pretty irrefutable logic and a great intellect.
Of course he'll be remembered most as the outstanding figure in the history of monetary economics. His legacy there will last forever, now being commonly accepted politicians of whatever persuasion.
Harshly deemed a market fundamentalist by those who never got to grips with the fundamentals of the market. Imagine it: inflation is a monetary phenomenon!
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Interesting person with interesting insights, but like almost all ideologues of left centre or right entirely entranced by their own ideology to (perhaps) the exclusion of the harsh reality real people must experience. Sorry he's gone though...
"I like you. You're all right. Actually, I like you better meeting you than if somebody had just given me your record."
Joey Ramone
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I'm sure he'll have a great send off, they're a very highly respected family in the town and give great employment in the eponymous pharmaceutical plant. Like his father, son Dean went to Cashel CBS with ROC I believe and was an ardent SFer back when it wasn't at all trendy, though he was later packed off to Rockwell on the advice of the brothers.Originally Posted by rockofcashel
Ar dheis Dé..does anyone know what the funeral arrangements will be?
There is no such thing as a free lunch
I believe this quote was attributed to him.
Bazinga!
Living up the Jewish steoreotype them?The guy was 94, barely heard of, apart from people who read todays newspaper, was admired by Thatcher and Reagan(oh and the P.Ds) and he was ninety-fecking four. This is almost as irrelevant as one of Ogra's photo displays.
Just 1 gram of cocaine destroys 4m2 of tropical rainforest. Give it up ya selfish b'stards.
There's a great PBS series on Friedman and his peers in 'battle for the world economy' riveting stuff.
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