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In “Abundance,” Ezra Klein and Derek Thompson downplay how the public sector’s monopoly over key parts of modern life stifles ...
“I, Pencil” has since become one of the most widely used tools for teaching the benefits of free trade and market coordination. It gained additional popularity thanks to Milton ...
An ardent supporter of free trade, Musk shared a video on X of economist Milton Friedman holding up a pencil to marvel that its parts came from all over the world. That dissonance has trickled ...
They represent views opposite from true conservative economists such as the gold standard: Milton Friedman (economics ... s classic essay from 1958, “I, Pencil.” It describes the countless ...
On X, Musk also posted a functionally anti-tariff video, in which the economist Milton Friedman explains how international trade makes producing a single pencil possible. Other pro-Trump sectors ...
The outcomes of the recent high-level economic and trade talks between China and the US over tariffs, which are widely considered a good starting point, came at a time when US tariffs continued to ...
But our exporters would still benefit from lower input costs. Milton Friedman’s story about all the things needed to make a pencil comes to mind. You can trade with the Turk and not be ruled by the ...
It’s the darker side of competition that Milton Friedman and his free-market disciples tend to downplay: If parents value high test scores, you can compete for voucher dollars by hiring better ...
This is not a new phenomenon. I quote [the preeminent right-wing economist] Milton Friedman in the Shock Doctrine, saying, “Only a crisis, real or perceived, produces real change,” and when ...
"The legendary free-market economist Milton Friedman once said that I am in favor of cutting taxes under any circumstance and for any excuse, for any reason, whenever it’s possible,” Quintero ...
Milton Friedman: It is always and everywhere, a monetary phenomenon. It's always and everywhere, a result of too much money, of a more rapid increase in the quantity of money than an output.