pull down to refresh

Milton Friedman's Vision And Bitcoin: A Free Market Economist's TakeMilton Friedman's Vision And Bitcoin: A Free Market Economist's Take

https://m.stacker.news/18791

Was Friedman a micro or macroeconomist? Both. His early work on price theory established the power of markets and the perverse effects of government intervention. He wrote widely and publicly about the problems of price controls, excessive state interference in education, prohibition and drugs, and the social responsibility of business, which would be uniquely relevant today. But he is equally, if not more, famous for founding the monetarist school of economics. And that is where his views begin to touch Bitcoin.ith electronic money.

... read more in forbes.com

Friedman and "the Chicago" economists guided much of my decision-making framework as a young man. They did well to bring us to the point of challenging the Keynesians.

reply

It's fascinating to see how some visionaries can anticipate the future, even when their visions seem far-fetched.

reply