All Posts Tagged With: "Chicago school of economics"
Vienna and Chicago: Friends or Foes? A Tale of Two Schools of Free-Market Economics
In the post-World War II era, two of the leading voices for a return to a competitive free-market economy have been the Austrian and Chicago schools of economics. Both schools have influenced many people about how markets work and how government affects economic affairs. To many, the Austrian and Chicago economists seem to be saying [...]
13Jul2010 | Richard M. Ebeling | 0 comments | ContinuedMilton Friedman and the Chicago School of Economics
Milton Friedman, who passed away on November 16 at age 94, once commented that there is no such thing as different schools of economics; there is only good economics and bad economics. While he may have sincerely believed this, Friedman was nonetheless the twentieth century’s most outstanding contributor to what has become known as the [...]
1Dec2006 | Richard M. Ebeling | 8 comments | ContinuedMilton Friedman (1912-2006)
Milton Friedman, who died last month at age 94, was one of the twentieth century’s most influential champions of individual liberty and free markets. The 1976 winner of the Nobel Prize in economics and an early associate of FEE, Friedman did more than any single person in our time to teach the public the merits [...]
1Dec2006 | and Richard M. Ebeling | 4 comments | ContinuedHow Nineteenth-Century Americans Responded to Government Corruption
James Rolph Edwards is an associate professor of economics at Montana State University-Northern. From its origin as a distinct secular scientific discipline with the French Physiocratic school in the middle of the eighteenth century, and the British classical school that followed, economics had a pro-market, limited-government orientation. Indeed, intellectual historians and political philosophers often refer [...]
1Apr2004 | James Rolph Edwards | 2 comments | ContinuedCapital Letters
What Is “Mental Illness”? To the Editor: [The March column opposing insurance parity for psychiatric treatment by] Thomas Szasz . . . shocked and disappointed me. . . . Any close relative (myself included) of a person who was formerly seriously mentally ill—with all the unwanted auditory and visual cacophony—and was returned to normal rational [...]
1Jul2002 | FEE Admin | 0 comments | ContinuedCapital Letters
Live by the Stats, Die by the Stats To the Editor: Regarding Mark Skousen’s column, “Chicago Gun Show,” in the October 1999 issue of The Freeman: Ideas on Liberty the statistical arguments advanced by the Chicago school allegedly demonstrating gun ownership reduces violent crime are methodologically flawed. Though I am a proud gun owner and [...]
1Jan2000 | FEE Admin | 1 comment | ContinuedMonster
Rule No. 1 for slaying the Hydra: slay it. Don’t just cut off one—or even a few—of its heads. That’s not good enough: the head might grow back. Kill it dead. How many times do we need to be taught that lesson before we learn it? During the presidency of Ronald Reagan the Department of [...]
1Feb1999 | Sheldon Richman | 0 comments | ContinuedToday’s Most Influential Economist?
Fill in the blank. Who is the mysterious economist named above? Most of my colleagues named Milton Friedman, but in Daniel Yergin and Joseph Stanislaw’s bestseller, the Chicago economist runs a close second to. . . .
F.A. Hayek, the Austrian economist!
Why Hayek? Because,
1May1998 | Mark Skousen | 2 comments | ContinuedVienna and Chicago: A Tale of Two Schools
Since its inception, the Foundation for Economic Education has been associated with two free-market schools, the Austrian school of Ludwig von Mises and, to a lesser extent, the Chicago school of Milton Friedman. Mises, after leaving Vienna for New York City, was closely involved with Leonard Read, FEE’s founder. He spoke frequently at FEE’s headquarters in Irvington-on-Hudson, and wrote regularly for The Freeman.
1Feb1998 | Mark Skousen | 2 comments | ContinuedPreaching to the Choir
Dr. Skousen is an economist at Rollins College, Department of Economics, Winter Park, Florida 32789, and editor of Forecasts & Strategies, one of the largest investment newsletters in the country. “Love your enemies, for they tell you your faults.” —Poor Richard’s Almanac This past summer I attended the annual meetings of the Eris Society, an [...]
1Oct1997 | Mark Skousen | 0 comments | Continued-
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