Word: friedmanly
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Some of the voters who put Margaret Thatcher and the Conservatives into office last May may well be wondering just who is in charge at 10 Downing Street, Mrs. Thatcher or Nobel-prizewinning U.S. Economist Milton Friedman. Friedman's philosophy of monetarism-unflinching regulation of a nation's money supply as the golden elixir for economic health-flows through every line of the Thatcher government's budget for 1980. The proposed budget, which is virtually assured of passage, was presented last week to a grim session of the House of Commons by Chancellor of the Exchequer...
NONFICTION 1. Free to Choose, Milton & Rose Friedman...
...question the sincerity of his opposition to the unconstitutional and repressive practices of the Pinochet regime, as expressed in a letter in the Wall Street Journal on December 10, 1976. This letter, responding to opposition to the award of a Nobel Prize to his colleague, Milton Friedman, stated...
...Friedman and I are deeply disturbed by the breakdown of Chile's long tradition of democracy and freedom. We profoundly oppose authoritarian regimes, whether from the right or left. That is why we have consistently maintained a distance between ourselves and the government of Chile and have repeatedly condemned publicly and privately, its repressive measures...
Several eminent professors retired in the last few years--Milton Friedman is one--and some economics faculty blame Harberger for not working actively to replace them. Though most economics professors at the University of Chicago respect his economic knowledge, they criticize his administrative negligence...