Tuesday, May 26, 2020

I always liked to listen to Milton Friedman and his debate with Phil Donahue on the Phil Donahue Show back in 1979. The show is in two parts and you can watch it on Youtube. I will put a link to part 1 of 2 at the end of the post. First is this article titled: "The Economist as Scapegoat".

Quote: "I am a big fan of Friedman’s work though I certainly don’t agree with him about everything. But I cannot understand the claim that his ideas have decisively shaped our economic policy or the resulting complex set of consequences that we live with today. Those who blame Friedman (and Hayek) for what has gone wrong in the US — the ones I have quoted above and others such as Joseph Stiglitz — are attacking a straw man of remarkable clumsiness.

I invite these critics of Friedman to respond to the numbers and claims I’ve posted here. I will happily post rebuttals and charts with different numbers."

As of this posting time and date there are 30 replies. Most are positive about the article

The Economist as the Scapegoat.

 Milton Friedman on the Phil Donahue Show Part 1 of 2 - 1979.

Tuesday, May 5, 2020

Flyboys at play.
An amazing web site full of pictures and some short videos. Choose the different viewing modes of Classic, Flipcard, Magazine, Mosaic, Sidebar, etc. They each totally change the look and feel of the web site. Refreshing.

Eclecticity Light