ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax
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Milton Friedman's entire series Free to Choose is also now on google.
http://video.google.com/videosearch?q=free+to+choose
In my opinion, he is wrong about flat taxes.
Let me expand.
Milton claims the an economy which is 40% government is too much government, and his theory of government stops there. One cannot be a good economist unless one can explain 40% of the economy.
Since he as no real theory of why we have so much government, one might start by applying a private sector economic theory to government and see if that helps. What Milton says is that we need lower taxes and lower spending. As a first shot at explaining goverment, that proposal runs counter to supply and demand. Somethings wrong.
The clip is depressingly timely.
Perhaps Milton should read more of John Meynard Keynes and his Treatise on Probability.
Milton claimed, in the interview, the United States is heading the way of the totalitarian regimes of Great Britain and Chile. Keynes stated in Treastise the future is uncertain, and there are some things in life "....we just do not know [sic]".
-William