Tags » Milton Friedman

Greece versus Turkey: It's the exchange rate exchange rate regime stupid!

A history of political dysfunctionality, corruption, military coups, military conflict with a neighboring country, large current deficits and weak fiscal management.

Greece fits that description perfectly well, but so does… 389 more words

Greece said no to the E.U.

Well the Greek referendum is over with and the Greeks voted with a resounding no (61%) on accepting bailout terms. Plenty of European leaders may say that they believe in the Euro and want Greece to stay in the European Union. 330 more words


On being reunited with Arrow Hahn after a dozen years

On being reunited with Arrow Hahn after a dozen years



Professor Kenneth J Arrow




Dear Professor Arrow,


I am delighted to say I am reunited today after a dozen years with your canonical book written with Frank Hahn, a collaboration of 17 years I think Frank told me once.

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Economic Theory

The Bank for International Settlements Proposes Sadomonetarism To Promote Recovery, Higher Inflation What Greek Crisis?

A Benjamin Cole post

The central banker’s club known as the Bank of International Settlements (BIS), suitably HQ’ed in Basel, Switzerland, this past weekend released its… 601 more words

Benjamin Cole

Q&A: Independent MP Brent Rathgeber on two years outside the party

Just over two years ago, Edmonton-St. Albert MP Brent Rathgeber quit the Conservative caucus, alarmed by what he saw as anti-democratic behaviour as the government gutted his private member’s bill and news broke about the Senate expenses affair. 982 more words


The Chicago Boys in Chile: Economic Freedom's Awfull Toll

Orlando Letelier – The Nation, August 28, 1976

It would seem to be a common-sensical sort of observation that economic policies are conditioned by and at the same time modify the social and political situation where they are put into practice. 5,399 more words