Word: friedmanism
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...seminal PBS series Free to Choose, which aired in 1980 and may have helped set the mood for Reagan's victory, economist Milton Friedman argued that economic freedom was just as important as all those freedoms written into the Bill of Rights. This went on to become perhaps the most consistent theme of the Reagan economic era: giving Americans the freedom to succeed or fail on their own economically was a good thing. And it is probably a good thing. But not an unmitigated good. Economic security matters to Americans too. And finding ways to offer more...
...movies, which suggest, actually, that left alone for three seconds, two people will screw each other over in really complicated ways that need to be figured out for hours after the play, over drinks and dinner. But he seemed to mean it. Mamet is reading so much (Milton Friedman, Adam Smith, Friedrich Hayek) and writing even more (cartooning for the Huffington Post; blogging from the perspective of the main character in his new Broadway play, November; writing articles for magazines; composing essays about the theater) that he's like an increasingly efficient machine, his efforts all cleanly converted to output...
When authors ponder globalization in books like Thomas Friedman's The World Is Flat, they usually pay scant attention to Latin America beyond the North American Free Trade Agreement. Who can blame them? Compared with the record growth of and foreign investment pouring into the emerging markets of Asia and Eastern Europe, Latin America still looks globally noncompetitive...
...appreciation for the traditional female attributes in the office is just about the only thing that DiSesa's book has in common with The Girl's Guide to Kicking Your Career into Gear, by Caitlin Friedman and Kimberly Yorio (Broadway). With its comparatively prim language and earnest encouragements, The Girl's Guide is like chick-lit for M.B.A.s: "You've figured out where you are. And realized that you're not satisfied. Of course, you're not. Ambitious girls never are." This book is pitched to a younger audience than DiSesa's, which speaks to the more seasoned and frustrated...
Economist Milton Friedman argued--and eventually convinced most of his colleagues--that it was the Fed's failure to keep enough dollars in circulation that made the Great Depression such a great disaster. No Federal Reserve chairman will ever let that happen again, so we probably shouldn't worry too much about bread lines and Hoovervilles in the near future. But the money supply is a blunt instrument, one that comes nowhere near addressing all of today's problems. "The issue is not one of liquidity but one of solvency," says Richard McGuire, a strategist at RBC Capital Markets...