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He was a real mathematical and statistical genius. Not just an advocate of the free market (although he was a brilliant communicator of the truth here as well.)
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Coming from youOriginally posted by Odin
Because he was a nutter.
Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
Originally posted by Ted Striker:Go Serb !
Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.Comment
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Originally posted by LordShiva
Friedman
RIPComment
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Friedman's extremist ideology was used to justify faulty economic policies that created chaos around the world.
His naive belief that the free market would solve all problems is why Russia is in chaos and led to the 1997 Asian economic crisis.
The big problem with Friedman is he lived his life in the ivory towers. That allowed him to ignore the realities that cast doubt on his theories.
He was a classic example of ignorance is bliss.Golfing since 67Comment
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Originally posted by Tingkai
His naive belief that the free market would solve all problems is why Russia was in chaos and led to the 1997 Asian economic crisis.
The big problem with Friedman is he lived his life in the ivory towers. That allowed him to ignore the realities that cast doubt on his theories.
He was a classic example of ignorance is bliss.I need a foot massageComment
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Originally posted by TCO
He was a real mathematical and statistical genius. Not just an advocate of the free market (although he was a brilliant communicator of the truth here as well.)THEY!!111 OMG WTF LOL LET DA NOMADS AND TEH S3D3NTARY PEOPLA BOTH MAEK BITER AXP3REINCES
AND TEH GRAAT SINS OF THERE [DOCTRINAL] INOVATIONS BQU3ATH3D SMAL
AND!!1!11!!! LOL JUST IN CAES A DISPUTANT CALS U 2 DISPUT3 ABOUT THEYRE CLAMES
DO NOT THAN DISPUT3 ON THEM 3XCAPT BY WAY OF AN 3XTARNAL DISPUTA!!!!11!! WTFComment
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That's rather selling him short... he did not naively believe that the free market would fix everything. You're simply stating that because it neatly fits your argument...Originally posted by Tingkai
Friedman's extremist ideology was used to justify faulty economic policies that created chaos around the world.
His naive belief that the free market would solve all problems is why Russia is in chaos and led to the 1997 Asian economic crisis.
The big problem with Friedman is he lived his life in the ivory towers. That allowed him to ignore the realities that cast doubt on his theories.
He was a classic example of ignorance is bliss.<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote.Comment
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RIP Friedman....people like to cry a lot... - Pekka
...we just argue without evidence, secure in our own superiority. - SnottyComment
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I think what he was referring to was a comparison of Hong Kong's government spending (and government decrees such as regulation) as a proportion of the national income.Originally posted by Tingkai
A great thinker, but an ideologue who was unwilling to take in new information that challenge his theories, unlike Keynes.
I saw him in Hong Kong in 1997. Someone asked him: if free markets create the best results, then how do you explain the success of Singapore where there is massive government intervention?
All he could respond was: If Singapore was a true free market like Hong Kong, it would have done better. A ridiculous statement given that Hong Kong and Singapore were equally successful, and given that Hong Kong has government intervention.
I don't know whether Hong Kong continues to have a relatively small proportion of spending be by the gov't.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Originally posted by lord of the mark
hmmph. Well he lived a long and fruitful life. A very great economist (not an endorsment of any political positions)
I hope, whereever he is, he's enjoying a free lunch.
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The Post's write up him was pretty balanced.
Captain of Team Apolyton - ISDG 2012
When I was younger I thought curfews were silly, but now as the daughter of a young woman, I appreciate them. - RahComment
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