Search Results for: ‘milton friedman’

Dan Mitchell article Improving Bad Government: The Case of Chile and Milton Friedman

_______ Improving Bad Government: The Case of Chile and Milton Friedman I’ve written many times about the spectacularly positive impactof pro-market reforms in Chile. The shift toward free markets, which began in the mid-1970s, was especially beneficial for the less fortunate (see here, here, and here). But it’s quite common for critics to assert that […]

My February 23, 2021 letter to President Joe Biden, MILTON FRIEDMAN observers, “In 1956, the minimum was raised from 75 cents to a dollar—a very substantial rise. The unemployment rate among male teenagers was about the same for blacks as for whites. Both were about 8% when the over-all unemployment rate was about 4%. In the late Fifties, after the minimum-wage rate was raised from 75 cents to a dollar, the unemployment rate of black teenagers shot up from 8% to something like 20 to 25 percent!”

Ep. 4 – From Cradle to Grave [6/7]. Milton Friedman’s Free to Choose (1980) February 23,  2021 President Biden c/o The White House 1600 Pennsylvania Avenue NW Washington, DC 20500 Dear Mr. President, Thank you for taking time to have your office try and get a pulse on what is going on out here in […]

OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 93 NEWT GINGRICH mentioned in book and he helped balance the budget but Milton Friedman said what we really need is a constitutional amendment to limit taxes and spending, not simply to balance the budget!

— President Clinton Signing the Balanced Budget Bill (1997) Newt Gingich Explains How He Balanced the Budget as Speaker of the House Ronald Reagan Talks About Balancing the Budget on Johnny Carson’s Tonigh… President Reagan’s Remarks on Balanced Budget Amendment on July 12, 1982 —- — February 22, 2021 Office of Barack and Michelle ObamaP.O. […]

My February 17, 2021 letter to President Joe Biden, The advice of the renowned University of Chicago economist Milton Friedman: “One of the great mistakes is to judge policies and programs by their intentions rather than their results.”

Ep. 4 – From Cradle to Grave [6/7]. Milton Friedman’s Free to Choose (1980) February 17, 2021 President Biden c/o The White House 1600 Pennsylvania Avenue NW Washington, DC 20500 Dear Mr. President, Thank you for taking time to have your office try and get a pulse on what is going on out here in […]

My February 15, 2021 letter to President Joe Biden, Milton Friedman argued – the resulting unemployment hits African Americans particularly hard. Raising the minimum wage worsens things as employers – confronted by higher labor costs – pare back on working hours offered to their now pricier employees!

Ep. 4 – From Cradle to Grave [6/7]. Milton Friedman’s Free to Choose (1980) February 15,  2021 President Biden c/o The White House 1600 Pennsylvania Avenue NW Washington, DC 20500 Dear Mr. President, Thank you for taking time to have your office try and get a pulse on what is going on out here in […]

My February 13, 2021 letter to President Joe Biden, Politicians continue to push the idea that minimum wage laws are somehow helping the young “earn a decent wage.” It is important to remember the underlying motives behind pushes for higher minimum wage rates. Milton Friedman characterized it as an “unholy coalition of do-gooders on the one hand and special interests on the other; special interests being the trade unions.”

Ep. 4 – From Cradle to Grave [6/7]. Milton Friedman’s Free to Choose (1980) February 13, 2021 President Biden c/o The White House 1600 Pennsylvania Avenue NW Washington, DC 20500 Dear Mr. President, Thank you for taking time to have your office try and get a pulse on what is going on out here in […]

Milton Friedman “If a private enterprise is a failure, it closes down—unless it can get a government subsidy to keep it going; if a government enterprise fails, it is expanded” Chuck Schumer provides an example in 2021 with Biden’s help MASS TRANSIT BAILOUT

— I want to encourage everyone to read this fine articles: Why Government is the Problem.* Essays in Public Policy, no. 39. Stanford, California: Hoover Institution Press, 1993.   . An enterprise started by a group of people in the private sphere may succeed or fail. Most new enterprises fail (if the enterprise were clearly […]

OPEN LETTER TO BARACK OBAMA ON HIS AUTOBIOGRAPHY “A PROMISED LAND” Part 80 Immigration Milton Friedman noted, “It is one thing to have free immigration to jobs. It is another thing to have free immigration to welfare. You cannot have both. If you have a welfare state, if you have a state in which a resident is promised certain minimum level of income or a minimum subsistence regardless of whether he works or not produces it or not. Well then it really is an impossibility”

— Milton Friedman in 2004 Power of the Market – Immigration MILTON FRIEDMAN ON IMMIGRATION MILTON FRIEDMAN ON IMMIGRATION PART 2 February 9, 2021 Office of Barack and Michelle ObamaP.O. Box 91000Washington, DC 20066 Dear President Obama, I wrote you over 700 letters while you were President and I mailed them to the White House […]

The New Deal and Recovery, Part 10: The Roosevelt Recession (Quotes Milton Friedman!!!)

______ FEBRUARY 4, 2021 11:16AM The New Deal and Recovery, Part 10: The Roosevelt Recession By George Selgin By the start of 1937, things were looking up for the U.S. economy. Although the Supreme Court had struck down both the NIRA and the AAA—the chief pillars of the original New Deal’s recovery plan—some time earlier, […]

FRIEDMAN FRIDAY “MILTON FRIEDMAN ON VOUCHERS”

—- MILTON FRIEDMAN ON VOUCHERS Michelle: You are the grandfather of school vouchers. Do you feel victorious? Mr. Friedman: Far from victorious, but very optimistic and hopeful. We are at the beginning of the task because as of the moment vouchers are available to only a very small amount of children. Our goal is to have a […]