The media is obsessing with Rand and Milton Friedman

[TaftFan]

Using Friedman in infomercials for 2016 might be worth looking into.

 

[neoreactionary]

And Friedman's political influence was almost, if not entirely, bad.

So if Rand is going to have influence while defending Friedman and his ideas instead of Austrians and theirs, it's going to be a negative.

Could not possibly disagree with this more. What's wrong with Milton Friedman? Why do you hate freedom?

 

[RonPaulGeorge&Ringo]

link breaking

That was funny!

Breaking the link prevents the website you're going to from knowing you got it from here.

Who cares? They're not polls.

Breaking the links just assure I won't go to the site and I have no reference for what you're even posting about.

 

[Spanish Guy]

For those from abroad... Does Rand support typical Austrian proposals like the full-reserve banking or the gold standard?

 

[Sola_Fide]

Milton Friedman was the best, and I was very happy to see Rand defend him from scurrilous attacks by idiot hacks.

You don't like free markets either?

 

[Sola_Fide]

For those from abroad... Does Rand support typical Austrian proposals like the full-reserve banking or the gold standard?

If he does, no one would know because he never talks about it.

 

[specsaregood]

For those from abroad... Does Rand support typical Austrian proposals like the full-reserve banking or the gold standard?

Speaking of Friedman and gold standard. Ron said in an interview from the 2008 cycle that he and Friedman used to debate the issue and that Friedman would compliment him on defending a "true honest to god gold standard" and that he was much less opposed to that compared to a "pseudo-gold standard"
Jump to 2:44

 

[speciallyblend]

Who cares? They're not polls.

Breaking the links just assure I won't go to the site and I have no reference for what you're even posting about.

copy and paste works wonders.

 

[Spanish Guy]

Speaking of Friedman and gold standard. Ron said in an interview from the 2008 cycle that he and Friedman used to debate the issue and that Friedman would compliment him on defending a "true honest to god gold standard" and that he was much less opposed to that compared to a "pseudo-gold standard"
Jump to 2:44

I was asking because Friedman is not considered into the Austrian School, whilst, people like Ron Paul were supporters of several ideas of the Austrian School.
So the question is really about Rand... is he also a supporter of Austrian Economics or has he moved into the Monetarism?

 

[compromise]

Rand implied he was an Austrian recently in an interview. He said he wanted Hayek to chair the Fed, then when the interviewer asked him who else, he said "he's not an Austrian, but Friedman", implying that Rand is an Austrian.

 

[TomtheTinker]

copy and paste works wonders.

mother Teresa worked wonders...copy and paste..just works.

breaking the link is a pita..its t he worst part about this forum.

 

[neoreactionary]

You don't like free markets either?

I love free markets, and so did Milton Friedman. Not sure whether you are implying otherwise out of malice or stupidity, but I lean towards the latter.

 

[Sola_Fide]

I love free markets, and so did Milton Friedman. Not sure whether you are implying otherwise out of malice or stupidity, but I lean towards the latter.

Did Milton Friedman like free markets in money? Or do you not know what you're talking about again?

 

[neoreactionary]

Did Milton Friedman like free markets in money? Or do you not know what you're talking about again?

Milton Friedman did like free markets in money. I don't need to ask if you know what you're talking about, because it's obvious that you don't.

 

[Sola_Fide]

Milton Friedman did like free markets in money. I don't need to ask if you know what you're talking about, because it's obvious that you don't.

Do you know what a monetarist is?

 

[neoreactionary]

Do you know what a monetarist is?

Of course. I am one myself.

 

[KingNothing]

Wow, I just lost a lot of respect for Milton Friedman.

These economists writing these articles are also really retarded.

They say how much Friedman was for free markets, but then go onto prove that he really hated free markets. Genius.

lol, why does their stupidity make you dislike Friedman? He was an absolute genius who has done more for global wealth production via economics than anyone in human history.

 

[Sola_Fide]

Of course. I am one myself.

And you would characterize monetarists as wanting no central control in money?

 

[KingNothing]

Talk about an awesome opportunity to bring up actual defenders of free markets and the Austrians. Instead, Rand throws in with Milton 'the FED didn't do enough to stave off the depression' Friedman. Fantastic.

Friedman was entirely correct when he said that. He was also correct when he said he would prefer no Fed at all, and that if we have one, a consistent, arbitrary, targeted growth of a monetary metric would be preferable to what we currently have.

 

[KingNothing]

And you would characterize monetarists as wanting no central control in money?

Ruling that money will be backed by a commodity or basket of commodities is central control of money, too.