Arguably the greatest economist during my lifetime was Milton Freidman. Here is one of his “greatest hits” while appearing on the Donahue Show in 1979.
Category Archives: Econ 101
Just Chip My Wrist and Be Done With It?
Maybe a bar-code tattoo? We already chip our pets.
Here is something worth pondering: the end of money.
I do not subscribe to the 9/11 conspiracy theories contained here. On the other hand, I’m not fully discounting them either.
Reagan tells a bedtime story
The Little Red Hen – Ronald Reagan Edition
TRANSCRIPT:
A modern day little red hen may not sound like or appear to be a quotable authority on economics but then some authorities aren’t worth quoting. I’ll be right back.
About a year ago I imposed a little poetry on you. It was called “The Incredible Bread Machine” and made a lot of sense with reference to matters economic. You didn’t object too much so having gotten away with it once I’m going to try again. This is a little treatise on basic economics called “The Modern little Red Hen.”
Once upon a time there was a little red hen who scratched about the barnyard until she uncovered some grains of wheat. She called her neighbors and said ‘If we plant this wheat, we shall have bread to eat. Who will help me plant it?’
US Foreign Aid to Countries Holding Billions in Treasury Securities?
Speaker Boehner has not yielded on increasing the national debt limit without corresponding spending cuts. He has agreed to meet Obama on the links on Sunday, we’ll see if anything gets worked out I guess. I hope it doesn’t. Anything that Obama agrees to will likely be bad for our country.
The larger issue here is that we are giving foreign aid to countries that are handling large chunks of our national debt. This list is simply astounding. An even larger issue is that we don’t have the extra funds to be tossing around willy-nilly anymore.
An Open Letter to the Speaker and the Minority Leader
June 1, 2011
Dear Speaker Boehner and Leader McConnell:
There is no better opportunity for those associated with the Conservative Movement to make a strong, bold, and principled statement to the American people than the approaching debt limit vote. We write to you today urging that the debt limit not be increased unless the legislation includes substantial steps to change the spending ways of the federal government.
We believe the fundamental components necessary to any agreement to raise the debt limit are:
Continue reading An Open Letter to the Speaker and the Minority Leader
Milton Friedman’s Greatest hits
The Chicago School Chilean experience.
From the Wall Street Journal, March 1, 2010.
Milton Friedman has been dead for more than three years. But his spirit was surely hovering protectively over Chile in the early morning hours of Saturday. Thanks largely to him, the country has endured a tragedy that elsewhere would have been an apocalypse.