Posts Tagged ‘Milton Friedman’

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Meeting Paul Ryan’s Economic Muse

    Aug 13, 12 • 861 Views • 2 Comments

    People tend to ask, “Who??” when Friedrich von Hayek is named as Paul Ryan’s economic muse. Our purpose right now is to get to know some Hayek basics to see what Ryan brings to the Romney/Ryan candidacy. Austrian born, a naturalized British......  [read more]

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    Remembering Milton Friedman

    Jul 31, 12 • 496 Views • No Comments

    Split down the middle, opinion about the US economy puts private initiative or government first. Those who place individual enterprise first believe most private income belongs to those who generate it. By contrast, government’s advocates see a......  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Free or Fair Government?

    Apr 16, 12 • 384 Views • No Comments

    I live in a town where I have to pay for garbage pick-up and recycling or I can dispose of it myself. The fire department is voluntary. Because there is no local high school, the town pays other school districts to educate our teenagers. In our town,......  [read more]

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    Just Like Yap Money

    Feb 25, 12 • 567 Views • No Comments

    To a Yap islander, in 1903, a 12-foot limestone wheel had considerable value. Described by NPR’s Planet Money, the wheels, as small as a foot in diameter and as large as twelve, composed the islanders’ monetary system. With smaller transactions,......  [read more]

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    A Fair Shot?

    Jan 28, 12 • 362 Views • No Comments

    In its breakdown of this week’s State of the Union, the Washington Post looked at time, topics and the Congress. Time: The President devoted almost half of his speech to the economy, and more than half if you include the deficit. The Congress:......  [read more]