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Free To Choose: A Personal Statement
Milton Friedman famously suggested the function of government be limited to
1. Courts to enforce contracts and settle disputes
2. Police to keep the peace at home (enforce laws, protect property rights)
3. Military for national defense
Brian Armstrongx.commilton friedman's estimation - the fundamental function of government can be restored while reducing spending 2/3 (& implies taxes can be cut in half, gov assets can be sold off, and debt will decline). economic theory = social programs will improve w market-driven solutions
david friedbergx.com
All citizens over 18 would get an annual distribution, in dollars and company shares, into their accounts. People would be entrusted to use the money however they needed or wanted—for better education, healthcare, housing, starting a company, whatever. Rising costs in government-funded industries would face real pressure as more people chose their ... See more
Sam Altman · March 16 • Moore's Law for Everything
Gold and Economic Freedom
Alan Greenspan argues that gold and economic freedom are intertwined, emphasizing how a gold standard protects savings, supports limited government spending, and combats inflation in a free society.
math.snu.ac.krSaint Milton Friedman taught us that inflation is always and everywhere a monetary phenomenon. A central bank, by printing too much money, can bring about inflation and destroy a currency, all things being equal. But that is the tricky part of that equation, because not all things are equal.
Jonathan Tepper • Endgame: The End of the Debt SuperCycle and How It Changes Everything
George Stigler, a thirty-five-year-old economist at the University of Minnesota. Inflation had diluted the 40-cent minimum wage, and people were calling for an increase to 60 or even 75 cents an hour, which translates to $9.51 and $11.88 in June 2022 dollars. “Economists have not been very outspoken on this type of legislation,” Stigler wrote. “It
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