Ideology and Pragmatism

ASI, on Friedman’s pragmatism:

He is known, of course, for his work on money and inflation. But he did not propose, as Hayek did, competition in currency production. He thought the reality of our times is that governments are in control of the money supply, so the question is simply how to sustain them. . . . → Read More: Ideology and Pragmatism

How Milton Friedman Saved Chile?

Here (link) is the story of how decades of economic freedom prevent the unthinkable consequences of an earthquake which recently damaged Chile.

What Will it Take to Get Sustainable Recovery?

This morning Jim asked me how long it will take for the Australian economy to get back on a sustainable growth path. I was not able to answer directly. I suggested that what happens to economic growth in Australia will depend on what happens in the rest of the world. I added that if . . . → Read More: What Will it Take to Get Sustainable Recovery?