“I would like to say to Milton and Anna [co-author of A Monetary History of the United States, 1867–1960]: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again." --Federal Reserve Chairman Ben Bernanke, acknowledging the central bank’s role in causing the Great Depression
Milton Friedman is the Godfather of American conservative libertarianism. He was, at a time when it was deeply unfashionable in official circles, a fierce critic of Keynesian economics. He was a leader of the second generation of libertarian economists to come out of the University of Chicago. Among the people recruited or mentored by him at the university include Thomas Sowell, Gary Becker, Robert Fogel and Robert Lucas, Jr. Friedman often used the jargon and methodology of Keynesians while rejecting their basic premises, coming to very different conclusions than his Keynesian counterparts.
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Hey Brock,
I'm sure you've heard of the great Milton Frieman before! Well, tomorrow is his birthday and we wrote an article to celebrate him and all that he gave to us: https://ammo.com/articles/
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Please check out latest on https://revisedhistory.wordpress.com "Edwin Stanton, Ben Green, and The People's Weekly" which shows that even some journalist in the 1860s thought Stanton was involved in Lincoln's assassination. Posted 7/30/19.
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