Word: friedmans
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Dates: during 2000-2009
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...also recently signed a deal with Scribd, an online startup founded and headed by a young Harvard duo: John R. “Trip” Adler '06 and Jared Friedman, a Harvard dropout who was a Computer Science concentrator in Cabot House. The deal would put nearly 1,000 of HUP’s books online, making them downloadable at costs determined...
Tough talk from Anna Schwartz, a financial sage who has seen it all, having lived through the crash of 1929 and co-authored with Nobel laureate Milton Friedman the highly acclaimed financial bible A Monetary History of the United States (Princeton University Press...
...international presence by sending troops to Gaza, through participating more in the United Nations, more recently, a new friend in the White House, with President Barack Obama having famously spent part of his childhood in Indonesia. The country is no longer viewed as a "messy state," as columnist Tom Friedman once described it, nor is Balkanization a real fear as regional conflict and terrorism have both been brought under control. "The second term is when [SBY] will build his legacy," predicts Baswedan. "He will emerge as a global leader...
...antidiscretion case has been made for years with regard to Federal Reserve monetary policy. Becker's Chicago teacher Milton Friedman thought that instead of tweaking interest rates, the Fed should just automatically increase the money supply 3% to 4% a year. Measuring the money supply in an era of financial innovation has turned out to be awfully hard, so in recent years believers in an automated Fed have turned to an equation concocted by Stanford economist John Taylor that takes in inflation, current economic growth and long-term-trend growth and churns out a suggested Fed interest-rate target. Taylor...
...strands of statistics and pro-market ideology came together in the mid-1960s. It was the great MIT economist Paul Samuelson who made the case mathematically that a rational market would be a random one. But Samuelson didn't share Friedman's political views, and he never claimed that actual markets met this ideal. It was at Chicago that a group of students and young faculty members influenced by Friedman's ideas began to make the case that the U.S. stock market, at least, was what they called "efficient...