Friday, December 08, 2006

The Economist Trashes Milton Friedman's Reputation

by Tom Bozzo

Caught this at the gym earlier this evening:
He [Milton Friedman] was disappointed by developments after Reagan left office. He would have preferred Donald Rumsfeld, not George Bush senior, as Reagan's vice-president and successor. An appraisal of the Rumsfeld presidency must be left to counterfactual historians.
Hmm, President Rummy.

Let me think about that for a minute...


My counterfactual analysis of the Rumsfeld presidency: AIIIIEEEEEEE!!!!!11!!1!

That is all.
But "Roofs or Ceilings" is a political tract. And a lousy piece of analysis.

Apparently, discovering that money effects the economy is the "broken clock" effect.
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