I believe so – but nonetheless, the balance of risks, driven by economic and political trends, has definitely shifted.
Posts Tagged: Milton Friedman
Ryan Bourne: Johnson’s green jobs. Subsidy-reliant, expensive, price-raising. And a job loser elsewhere.
We should judge the desirability of a pro-wind energy policy by the social value added, not the numbers employed in the sector.
Ryan Bourne: The Right’s glory was its mastery of economic policy. Why has it given up even thinking about it?
Precisely what does Johnson think was wrong with the 2010-2018 deficit reduction agenda? Who knows? The Tories don’t have a clear economic story.
It represents an emergency call to arms – not a permanent transition towards a command society.
Danny Kruger: The charities package and real conservatism. Our focus is on neither the individual nor the state, but on what’s between them.
The Treasury’s decision is a vital moment in the battle against coronavirus and in the emerging consensus about the country we want to be in future.
Some form of the scheme may be necessary as an expedient. But beware: nothing lasts so long as the temporary.
Coronavirus 2) Ryan Bourne: Beware it being used as a cover for promoting socialism and protectionism
A home-focused industrial policy hardly saved China from this epidemic. And openness and markets ensure diversity of supply – particularly in medicine and food.
John Penrose: The conventional wisdom is wrong. Hunt’s spending plans are neither unaffordable nor irresponsible.
Hammond and the Institute for Fiscal Studies are simply mistaken to suggest otherwise. It’s not as though we’re still living in 2010.
Sam Bowman: Aping the Eurozone’s overly tight monetary policy would be the quickest way to a Corbyn government
Replying to Alex Morton’s column of a week ago, the ASI’s Senior Fellow argues that the response to the financial crisis was imperfect, but more right than wrong.
The engaging, diminutive economist economist died ten years ago today. We still enjoy the fruits of his genius.
The Prime Minister and Hammond must choose between risks.
Without these visa extensions, the choice facing abused domestic workers is a bleak one. A brave few will report. Most will suffer in silence.
Friedman and Hayek’s beloved policy would help the poor, make work pay and fulfil the surplus target.
As Milton Friedman once quipped, we could increase employment by making those working on government construction projects use spoons instead of shovels.
Last week, the Deep End featured Anatole Kaletsky’s argument that money created through Quantitative Easing (QE) should be given directly… Read more »