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January 29, 2007 [LINK / comment]
Happy Milton Friedman Day
This evening PBS rebroadcast a documentary on the life and ideas of Nobel Prize winning economist Milton Friedman, who did so much to reverse the slide toward left-liberal statist economic policies as the founder of the "Chicago School" of economics. His monetarist theories had a powerful influence on Paul Volcker, who deserves much of the credit for stopping inflation while serving as Federal Reserve chairman from 1979 to 1987. (He was succeeded by Alan Greenspan.) The program showed that Friedman was not only brilliant thinker and eloquent speaker, but also a warm and caring human being who was interested in other people -- quite the opposite of the "heartless" caricature to which economic conservatives are usually subjected. Actually, Friedman considered himself a classical liberal, as in libertarian, an intellectual tradition that he did much to resurrect. (Try explaining that to a typical "movement conservative" of the present day...) The PBS program was shown on the occasion of "Milton Friedman Day," for which a Web site was created. Link via Cafe Hayek*, [where Robert Russell assails the often-slanderous Paul Krugman for accusing Friedman of intellectual dishonesty, via Michael Oliver. Actually, Krugman praises Friedman as a great man, but argued that his role as a free-market policy advocate gradually came to undermine his role as an academic. It's a fair point.]
* (as in Friedrich von Hayek, the Austrian free market economic philosopher) Coming soon: a review of Friedman's classic book Capitalism and Freedom, in the context of the recent decline of free market economics in the Western world.
Posted (or last updated or commented upon): 30 Jan 2007, 1: 02 AM
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January 4, 2007 ~ 110th Congress: open for business
January 24, 2007 ~ The State of the Union, 2007
March 28, 2007 ~ Mark Steyn's America Alone
April 19, 2007 ~ Senator Hanger comes to Staunton
April 30, 2007 ~
Sen. Hanger's campaign kick-off
June 1, 2007 ~
Stars shine for Senator Hanger
June 12, 2007 ~
Republicans In Name Only? You be the judge!
June 13, 2007 ~
How sweet: Reason prevails
June 24, 2007 ~
SWAC bloggers air dirty laundry
August 13, 2007 ~ Hasta la vista, Karl Rove
August 21, 2007 ~
Fading dreams of democracy
August 6, 2007 ~
Nats sweep World Champion Cards!
September 23, 2007 ~ Au revoir, RFK Stadium
October 18, 2007 ~ Nationals 2007: Year in review
October 25, 2007 ~
Augusta County Campaign 2007
October 29, 2007 ~ Red Sox sweep Rockies; Dynasty?
November 7, 2007 ~ Democrats win Virginia Senate
December 14, 2007 ~ The Mitchell Report is released
December 29, 2007 ~
The death of Benazir Bhutto
December 31, 2007 ~ Baseball 2007: Year in Review
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Blog highlights have been compiled for the years 2010-2012 thus far, and eventually will be compiled for earlier years, back to 2002.
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The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:
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