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Milton Friedman

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United States economist noted as a proponent of monetarism and for his opposition to government intervention in the economy (born in 1912)

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Friedman

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Professors such as Friedrich von Hayek and Milton Friedman seek a laboratory in order to test the so-called free market and minimal state intervention.
Profesor seperti Friedrich von Hayek dan Milton Friedman mencari laboratorium dalam rangka untuk menguji apa yang disebut sebagai pasar bebas dan intervensi minimal negara.
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Milton Friedman

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Professors such as Friedrich von Hayek and Milton Friedman seek a laboratory in order to test the so-called free market and minimal state intervention.
Profesor seperti Friedrich von Hayek dan Milton Friedman mencari laboratorium dalam rangka untuk menguji apa yang disebut sebagai pasar bebas dan intervensi minimal negara.
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Following World War II, Milton Friedman created the concept of monetarism.
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Milton Friedman's monetarism school was prominent in displacing Keynes' ideas both in academia and from the practical world of economic policy making.
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Milton Friedman argued that the absence of voluntary economic activity makes it too easy for repressive political leaders to grant themselves coercive powers.
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Professors such as Friedrich von Hayek and Milton Friedman seek a laboratory in order to test the so-called free market and minimal state intervention.
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And its proponents have spanned the spectrum from the left to the right, from the civil rights campaigner, Martin Luther King, to the economist Milton Friedman.
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In late 1965 Time magazine ran a cover article with the title inspired by Milton Friedman's statement, later associated with Richard Nixon, "We are all Keynesians now".
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While the neo-American model builds largely on the ideas of Friedrich von Hayek and Milton Friedman, Rhine capitalism according to Albert has its foundations on publicly organized social security.
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The stability of the demand for money prior to the 1980s was a key finding of Milton Friedman and Anna Schwartz supported by the work of David Laidler, and many others.
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In 1994, based on the economic theories of Milton Friedman, Estonia became one of the first countries to adopt a flat tax, with a uniform rate of 26% regardless of personal income.
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Solving this problem mathematically, assuming that individuals are rational and have access to complete markets, Modigliani & Brumberg (1954), Albert Ando, and Milton Friedman (1957) developed what became known as the life-cycle model.
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The book argues that the free market policies of Nobel Laureate Milton Friedman and the Chicago School of Economics have risen to prominence in countries such as Chile, under Pinochet, Poland, Russia, under Yeltsin.
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Following the coup, led by economists who studied under Milton Friedman at the University of Chicago, Pinochet began to implement the first neoliberal economic reforms to the economy, privatizing public institutions like education, healthcare, and pensions.
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This was explored and discussed by Friedrich August von Hayek (1899–1992) and Milton Friedman (1912–2006) who pleaded for a global free trade and are supposed to be the fathers of the so-called neoliberalism.
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Macro economist James K. Galbraith used the 25th Annual Milton Friedman Distinguished Lecture to launch a sweeping attack against the consensus for monetarist economics and argued that Keynesian economics were far more relevant for tackling the emerging crises.
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The "stagflation" of the 1970s led many economic commentators and politicians to embrace market-oriented policy prescriptions inspired by the laissez-faire capitalism and classical liberalism of the 19th century, particularly under the influence of Friedrich Hayek and Milton Friedman.
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The influence of Keynes's theories waned in the 1970s, due to stagflation and critiques from Friedrich Hayek, Milton Friedman, Robert Lucas, Jr. and other economists, who were less optimistic about the ability of interventionist government policy to positively regulate the economy or otherwise opposed to Keynesian policies.
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