Word: friedmanly
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...figure in the revival was the University of Chicago's Milton Friedman--and his libertarian ideological bent was certainly a factor. Friedman never believed markets were perfectly rational, but he thought they were more rational than governments. Friedman saw the Depression as the product of a Fed screwup--not a market disaster--and convinced himself and other economists (without much evidence) that speculators tended to stabilize markets rather than unbalance them...
...typical day in his Kirkland suite, Michael “Mikey” J. Friedman ’11 could be found singing “Hakuna Matata,” playing with the protein modeling computer program Pymol, or coming up with some harebrained scheme to entertain and distract his friends, they said. The aspiring oncologist passed away in early October at the age of 19, bringing an end to his four-and-a-half year battle with desmoplastic small round cell tumor, a rare and aggressive form of cancer. Friends and family said that Friedman exuded brightness?...
...several stills from drone video seen by TIME, it's hard to tell if a group of men is kneeling in prayer or the men are militants in battle formation. "The basic problem with all aerial reconnaissance is that it's subject to error," says George Friedman, who heads the security firm Stratfor. "But in a place like Pakistan, errors have enormous political consequences...
...This is where the euro should come in. Europe’s currency is a true financial miracle—when it was created just over a decade ago, everyone thought it would fail. Milton Friedman famously predicted it would be a disaster, and the Bank of England had stress scenarios that foresaw a similar end to the monetary experiment. Yet, over ten years later and despite the fact that it was created with a political rather than economic agenda, the currency remains alive and arguably very strong. As with most things in life, adopting it involves a trade...
...Sometimes it improves the quality,” explains Talisa B. Friedman ’10, the press manager...