PoliticalChic
Diamond Member
.....that proves that a command and control economy is better than the free market version.
The problem is that Democrat voters don't rely on education, experience, or fact......they simply take orders.
1. Our birthday boy was champion of the free market.
Milton Friedman, (born July 31, 1912, Brooklyn, New York, U.S.—died November 16, 2006, San Francisco, California), American economist and educator, one of the leading proponents of monetarism in the second half of the 20th century. He was awarded the Nobel Prize for Economics in 1976.
Britannica.com
2. The Founders, classical liberals, conservatives
a. individualism, free markets, and limited constitutional government.
Fascists, Nazis, Liberals, Progressives, Socialists, Communists, Democrats
b. the collective, command and control regulation of private industry, and overarching government that can order every aspect of the private citizen's life....right down to control of his thoughts and speech.
3. "It is a great irony of communism that those who did not believe in God believed that godlike knowledge could be concentrated at a central point. It was believed that government could be omnipotent and omniscient. And in order to justify the idea that all lives should be determined by a single plan, the concomitant tendency of communist regimes was to deify the leader- whether Lenin, Stalin, Mao, or Kim Il-sung."
Tom Bethell, "The Noblest Triumph," p. 144
4. And true to form, Joe Biden attacked Friedman, and Trump-Friedman policies.
“Vice President Biden has chosen an opponent for the 2020 general election — and it’s not Donald Trump, but instead, of all people, an economics professor who died in 2006.
“Milton Friedman isn’t running the show anymore,” Mr. Biden declared in a half-hour exclusive interview with Michael Grunwald of Politico, published over the weekend.
During a September 7, 2019, fundraiser in Wayland, Massachusetts, according to a pool report from Sarah Mucha of CNN, Mr. Biden asked rhetorically, “When did Milton Friedman die and become king?”
Why Has Biden Chosen To Tilt Against Milton Friedman?
5. “If Milton Friedman is just a general-purpose stand-in for a free-market-oriented economist, political thinker, or philosopher, it’s strange that Mr. Biden has chosen to single out and take on Friedman rather than, say, Adam Smith, or Friedrich Hayek, or Robert Nozick, or Ayn Rand.
An irony is that in many significant ways, Friedman, who won the Nobel prize in economics in 1976, really is running the show, no matter how much Mr. Biden insists it is not so. Perhaps the most significant way is the use of monetary policy — the Federal Reserve increasing the money supply and cutting interest rates — to fight the economic effects of the novel coronavirus and of the lockdowns used to respond to it.”
Ibid.
If Biden doesn't represent a Milton Friedman free market economy, then he represents the sort of policies that were found in the Soviet Union, Mao's China, and Venezuela.
The problem is that Democrat voters don't rely on education, experience, or fact......they simply take orders.
1. Our birthday boy was champion of the free market.
Milton Friedman, (born July 31, 1912, Brooklyn, New York, U.S.—died November 16, 2006, San Francisco, California), American economist and educator, one of the leading proponents of monetarism in the second half of the 20th century. He was awarded the Nobel Prize for Economics in 1976.
Britannica.com
2. The Founders, classical liberals, conservatives
a. individualism, free markets, and limited constitutional government.
Fascists, Nazis, Liberals, Progressives, Socialists, Communists, Democrats
b. the collective, command and control regulation of private industry, and overarching government that can order every aspect of the private citizen's life....right down to control of his thoughts and speech.
3. "It is a great irony of communism that those who did not believe in God believed that godlike knowledge could be concentrated at a central point. It was believed that government could be omnipotent and omniscient. And in order to justify the idea that all lives should be determined by a single plan, the concomitant tendency of communist regimes was to deify the leader- whether Lenin, Stalin, Mao, or Kim Il-sung."
Tom Bethell, "The Noblest Triumph," p. 144
4. And true to form, Joe Biden attacked Friedman, and Trump-Friedman policies.
“Vice President Biden has chosen an opponent for the 2020 general election — and it’s not Donald Trump, but instead, of all people, an economics professor who died in 2006.
“Milton Friedman isn’t running the show anymore,” Mr. Biden declared in a half-hour exclusive interview with Michael Grunwald of Politico, published over the weekend.
During a September 7, 2019, fundraiser in Wayland, Massachusetts, according to a pool report from Sarah Mucha of CNN, Mr. Biden asked rhetorically, “When did Milton Friedman die and become king?”
Why Has Biden Chosen To Tilt Against Milton Friedman?
5. “If Milton Friedman is just a general-purpose stand-in for a free-market-oriented economist, political thinker, or philosopher, it’s strange that Mr. Biden has chosen to single out and take on Friedman rather than, say, Adam Smith, or Friedrich Hayek, or Robert Nozick, or Ayn Rand.
An irony is that in many significant ways, Friedman, who won the Nobel prize in economics in 1976, really is running the show, no matter how much Mr. Biden insists it is not so. Perhaps the most significant way is the use of monetary policy — the Federal Reserve increasing the money supply and cutting interest rates — to fight the economic effects of the novel coronavirus and of the lockdowns used to respond to it.”
Ibid.
If Biden doesn't represent a Milton Friedman free market economy, then he represents the sort of policies that were found in the Soviet Union, Mao's China, and Venezuela.