Posts Tagged ‘Milton Friedman’

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    Just Like Yap Money

    Feb 25, 12 • 867 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 • 528 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]

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    Sweatshop Dilemmas

    Jan 12, 12 • 1338 Views • No Comments

    Is it okay to have sweatshops in developing nations? NY Times writer Nicholas Kristof, and Nobel prize winning economists Paul Krugman and Milton Friedman have all said, “Yes.” Kristof points out that the parents of children scavenging in a......  [read more]

  • The Congress and the Fiscal Cliff

    Is Government the Solution or the Problem?

    Sep 9, 11 • 636 Views • No Comments

    Maybe everyone got something from President Obama’s jobs plan. According to the Washington Post’s Ezra Klein, the “right” got tax cuts, the “left” got help for the unemployed and infrastructure spending, and everyone will......  [read more]

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    Should We Buy American?

    Sep 6, 11 • 658 Views • No Comments

    How to diminish unemployment? The NY Times tells us about a Montana general contractor who plans to use only American-made goods for building his homes. Explaining, he said,  “I think we could solve this recession if everyone shifted just 5% of......  [read more]