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by Milton Friedman

Download Tax limitation, inflation and the role of government eBook
ISBN:
0933028016
Author:
Milton Friedman
Language:
English
Publisher:
Fisher Institute (1978)
Pages:
110 pages
EPUB book:
1381 kb
FB2 book:
1230 kb
DJVU:
1213 kb
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Rating:
4.1
Votes:
167


Milton Friedman is the greatest economist of the last half of the twentieth century. This 1978 book contains a number of essays/lectures previously published by Friedman.

Milton Friedman is the greatest economist of the last half of the twentieth century. The central role played by the Federal Reserve has largely resulted from Friedman's work. However, those who put such importance on the Fed, and use it for State control of the economy, would not be approved by Friedman. He asks, "will we keep trying to continue on this path until we have lost our freedom and turned our lives over to an all-powerful government in Washington, or will we stop?" (Pg. 2).

Friedman's greatest work is considered to be A Theory of the Consumption Function, published in 1957. Other books include A Monetary History of the United States, 1867-1960, and The Optimum Quantity of Money and Other Essays

Friedman's greatest work is considered to be A Theory of the Consumption Function, published in 1957. Other books include A Monetary History of the United States, 1867-1960, and The Optimum Quantity of Money and Other Essays. Friedman was awarded the Nobel Prize for Economics in 1976. Bibliografické údaje. Tax limitation, inflation and the role of government.

Money, Inflation and the Constitutional Position of Central Bank. Milton Friedman, Rose D. Friedman. Why Government Is the Problem (Essays in Public Policy). Goodhart, Milton Friedman. Two Lucky People: Memoirs.

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Start by marking Tax Limitation, Inflation & the Role of Government as Want to Read . He was an advocate of economic freed Milton Friedman was an American Nobel Laureate economist and public intellectual.

Start by marking Tax Limitation, Inflation & the Role of Government as Want to Read: Want to Read savin. ant to Read. He made major contributions to the fields of economics and statistics. In 1976, he was awarded the Nobel Prize in Economics for his achievements in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy. He was an advocate of economic freedom.

25) Tax Limitation, Inflation and the Role of Government. Dallas, TX: Fisher Institute, 1978.

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Government has played an increasingly large role in medical care. Suppose the same group of people start the same enterprise in the government sector and the initial results are the same. It is a failure; it does not work. For decades, total spending on medical care was about 3 to 5 percent of national income. It is now 12 or 13 percent and rising. Why does the limitation of the number of cabs persist? The answer is obvious: the people who now own those medallions would lose and they know it. Although they are few, they would make a lot of noise at city hall. They have a very different bottom line.

Album Empire and Resistance. The Role of Government in Education Lyrics. Formal schooling is today paid for and almost entirely administered by government bodies or non-profit institutions. This situation has developed gradually and is now taken so much for granted that little explicit attention is any longer directed to the reasons for the special treatment of schooling even in countries that are predominantly free enterprise in organization and philosophy. The result has been an indiscriminate extension of governmental responsibility.

Book by Friedman, Milton
  • Gorisar
Milton Friedman is the greatest economist of the last half of the twentieth century. The central role played by the Federal Reserve has largely resulted from Friedman's work. However, those who put such importance on the Fed, and use it for State control of the economy, would not be approved by Friedman. This book succinctly explains many of his best economics research. Anything by this great man is well worth reading. But the liberal establishment will not admit to his greatness. As a result, many people are not aware of his contributions. But for those who want the low down on what is happening in the economy, you should start with Milton Friedman.
  • Super P
Milton Friedman (1912-2006) was an American economist who taught at the University of Chicago (and was the leader of the "Chicago school"); he received the Nobel Prize in Economics in 1976, and wrote/cowrote books such as A Monetary History of the United States, 1867-1960,Money Mischief: Episodes in Monetary History,Free to Choose,Bright Promises, Dismal Performance: An Economist's Protest,Capitalism & Freedom: A Leading Economist's View of the Proper Role of Competitive Capitalism, etc. This 1978 book contains a number of essays/lectures previously published by Friedman.

He asks, "will we keep trying to continue on this path until we have lost our freedom and turned our lives over to an all-powerful government in Washington, or will we stop?" (Pg. 2)

Asking rhetorically whether it matters if cars are made by General Motors, or by the government, says, "It does make all the difference in the world... The one has to satisfy its customers and the other does not." (Pg. 9)

He admits that, unlike "every intellectual" who is "in favor of freedom for himself and against freedom for anybody else," "Businessmen are in favor of freedom for everybody else but not for themselves," since they want to have tariffs, special provisions in the tax code, etc. (Pg. 12)

He states that he would far rather have a lower federal budget with deficit spending than a significantly larger one with a balanced budget. "The thing we must keep our eye on is what government spends." He adds, "That's why I am in favor of cutting taxes under any circumstances, for whatever excuse, for whatever reason." (Pg. 19)

He criticizes progressive economist John Kenneth Galbraith because he "speaks in broad general terms: he makes assertions about the world at large. But they are very seldom put in a form in which they yield testable hypotheses." (Pg. 59-60)

He explains the "phenomenon of simultaneous higher unemployment benefit and lower employment" because "we have increased the demand for unemployment, and the supply of unemployed has risen to meet that demand." (Pg. 74)

These essays will be of interest to anyone interested in Friedman's ideas.