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#milton-friedman — Public Fediverse posts

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  1. @da_667

    The end goal is ALL JOBS CUT!

    And the oligarchs will much sooner eat shit than allow any #AIbubble to burst.

    #miltonfriedman the high priest of crapitalism spent his entire life preaching about rationality of the markets...
    ... Only to scurry away in his twilight years crying that markets, afterall are not at all rational.

    TLDR; When the super wealthy don't want the pop, it ain't happening.

    #gamestop

  2. Co-auteur de La Finance autoritaire, précieuse étude sur la mobilisation décisive des fonds d’investissement lors de la victoire du Brexit au Royaume-Uni, le sociologue invite à observer les motivations économiques d’acteurs qui, comme Pierre-Édouard Stérin, déploient des moyens considérables pour faire gagner l’extrême droite dans les têtes et dans les urnes.#brunoretailleau #conservateurs #donaldtrump #finance #fondsdinvestissement #hedgefunds #javiermilei #libertarien #margaretthatcher #miltonfriedman #néolibéralisme #pierre-édouardstérin #ronaldreagan #viktororban
    « Le sens du plan Périclès est d’opérer une révolution conservatrice pour servir des intérêts financiers » : le sociologue Théo Bourgeron décrypte les visées de Pierre-Édouard Stérin et de la « finance autoritaire »
  3. #Economics
    #Neoliberalism
    #DemocracyInChains
    #JamesBuchanan

    (2/2)

    ..."...the Virginia school, as Buchanan’s brand of economic and political thinking is known, is a kind of cousin to the better-known, market-oriented #Chicago and #AustrianSchool|s — proponents of all three were members of the #MontPelerinSociety, 👉an international #neoliberal organization which included #MiltonFriedman and #FriedrichHayek." 👈

    //

    ineteconomics.org/perspectives

    @mina @number6

  4. As Milton Friedman famously wrote:

    > Truly important and significant hypotheses will be found to have "assumptions" that are wildly inaccurate descriptive representations of reality, and, in general, the more significant the theory, the more unrealistic the assumptions (in this sense)

    #MiltonFriedman #quote

  5. "How, Milton [Friedman], do you propose to convince the vast majority of people that they should settle for being forelock-tugging plebs, groveling before their social betters for the chance to scrub their toilets?"
    #MiltonFriedman had an answer: "In #timesofcrisis, ideas can move from the fringe to the center in an eyeblink. Our job is to keep good ideas lying around, in anticipation of that crisis."
    Friedman was a monster.
    But.
    He had a hell of a #theoryofchange."
    @pluralistic
    pluralistic.net/2025/03/03/fri

  6. "In Santiago, things are very different now. The Chicago Boys have been put in charge of the economy [of Chile]. While Milton Friedman - their favourite guru - has even come to visit [Augusto] Pinochet, and even take a picture with this despicable dictator."

    #EvgenyMorozov, 2023

    listennotes.com/podcasts/the-s

    (1/?)

    #podcasts #ChoraMedia #TheSantiagoBoys #ChicagoBoys #MiltonFriedman

  7. Excellent topic, @pluralistic -- #Economism

    "Before the rise of economism, it was common to speak of its subjects as "political economy" or even "moral philosophy" (#AdamSmith , the godfather of capitalism, considered himself a "moral philosopher"). "Political economy" implicitly recognizes that every policy has squishy, subjective, qualitative dimensions that don't readily boil down to math."

    pluralistic.net/2024/09/18/fal

    Love graphic - high preist
    #MiltonFriedman @ Economism's altar #PoliEcon

  8. @gulovsen promising but realistically the problem of international money laundering is so far out of control at this point i often worry that it will have a dramatic impact on future global stability.

    personally i blame The War on Some Fun Drugs for a large % of that. the more countries spend trying to fight against demonic plants and powders the more money you put in the hands of the bad guys and the more corruption they can (and do) generate in the world. #MiltonFriedman (yes that guy; even a broken clock is right a few times a day and this is one of the few issues libertarians have been right about) can explain it better than I ever could: aei.org/carpe-diem/milton-frie

    also fwiw #cryptocurrency has basically provided the plumbing for international money laundering on a scale we've never seen (in particular #tether)

    if we're lucky most of the dark capital will just be Chinese citizens' capital exfiltration but i'm not super confident it's not mostly more sinister.

  9. "#MiltonFriedman famously said that “#inflation is always and everywhere a #monetary phenomenon.” Someone else once said that “Shootings are always and everywhere a ballistic phenomenon.” Equally true, and when you think about it, equally vague. If we are going to live in a more inflationary world, we are going to have to think harder about what it is, who wins, and who loses."

    This is a talk by #MarkBlythe , author of "Angrynomics"

    youtube.com/watch?v=-R5iJrkHSY

  10. Il potere del libero mercato spiegato da Milton Friedman
    #MiltonFriedman #liberomercato #economia
    La semplicità di una matita può ingannare, poiché dietro la sua creazione si cela un intricato processo di cooperazione umana. Per produrre una matita...

    tiziano.caviglia.name/2024/04/

  11. #GroßraumPhantastik
    Sehr feines Erklärbärfilmchen von #GerdScobel (den ich seltsamerweise viel zu wenig öffentlich bejuble und empfehle; gut investierte Rundfunkgebühren!) zum Thema #Verbotskultur, #Ökodiktatur, #Neoliberalismus, #FreierMarkt.

    Sehr feine Erklärung der Begriff und ihre historische Herleitung. #MiltonFriedman-Zitate zu Umweltpolitik sind der reine Horror.

    »Das ist leider sehr naiv.«

    youtu.be/TWdb2s5QhiE?si=60K5vb

  12. @brianstorms

    No argument here about the fallacy of “objectivism”.

    I’m an advocate of the Lakoff “truth sandwich” and @jayrosen_nyu’s “stakes not odds” reporting

    However, I think the bigger issue is massive corporate consolidation post-1980, advocated by #Reagan #Republicans but aided and abetted by “ #ChicagoSchool#economists like #MiltonFriedman.

    “Rational actors” - bah.
    “Natural monopolies don’t exist” - humbug.

  13. "My favourite economist... is Milton Friedman."

    Brooke van Velden, ACT candidate for Tamaki

    After about 4 decades of running large scale experiments to test Friedman's theories, every one of them has turned out to be delusional nonsense;

    theanarchistlibrary.org/librar

    The fact that this charlatan is still taken seriously enough by academics to be taught in a university level economics program is truly disturbing.

    #NeoClassical #economics #MiltonFriedman #ACT

  14. "After #DeSantis released his #economic plan last wk, #WSJ called it “unstable.” The editorial praised some parts while criticizing less trade w/ China, less immigration & federal action to ease #StudentDebt.

    WSJ's editorial page aligns w/ the #Republican Party frm #Reagan til #Trump favoring laissez-faire, small-govt, light regulation, low taxes & govt benefits, high levels trade & immigration." Think #MiltonFriedman

    Problem is it doesn't work. #NYT #SupplySide / #Reaganomics suck

  15. CW: Long thread/3

    What is this amazing theory of change, that can do so much to right the world's wrongs? Fittingly, it's the same theory of change that got us into this mess. It's #MiltonFriedman's theory of change.

    3/

  16. How Milton Friedman Broke The American Economy | The Class Room Ft. @FDSignifire - YouTube
    youtube.com/watch?v=xgXda61MtW

    May 10, 2023
    "Ronald Reagan learned his disastrous "trickle down" economics from a man named Milton Friedman. We're still suffering the consequences today."

    #Capitalism #Economy #TrickleDownEconomics #MiltonFriedman #RightWing