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← Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct.

17 connected korrents · 14 moments from 5 Sept 2010 to 26 May 2026.

Everything filed under economists economists Everything filed under fiscal policy fiscal policy Everything filed under humility humility Everything filed under inflation inflation Everything filed under interest rates interest rates Everything filed under quantitative easing quantitative easing Everything filed under interest rates interest rates Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct. Milton Friedman's best-known policyprescription, targeting the money supply,is no longer regarded as correct. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: Neither monetarist money-supply-focused models nor Keynesian macro models have outperformed simple random-walk models at forecasting the macroeconomy. — tap to centre the map on it Neither monetaristmoney-supply-focused models norKeynesian macro models haveoutperformed simple random-walkmodels at forecasting themacroeconomy. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: Milton Friedman was the best economist among the plausible candidates for greatest economist of all time. — tap to centre the map on it Milton Friedman was the besteconomist among the plausiblecandidates for greatest economist ofall time. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: Milton Friedman's chief intellectual flaw was wanting to make economics too simple. — tap to centre the map on it Milton Friedman's chief intellectualflaw was wanting to make economicstoo simple. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: Monetary policy operates with long and variable lags, so attempts to fine-tune the economy make things worse. — tap to centre the map on it Monetary policy operates with longand variable lags, so attempts tofine-tune the economy make thingsworse. Last stated 16 years ago 6 Sept 2010 SS Scott Sumner — holds since 2010-09-05 — tap for who they are SS Scott Sumner — no longer holds since 2010-09-06 — tap for who they are Same subject: Milton Friedman is almost single-handedly responsible for there being any political and ideological diversity in the field of economics at all. — tap to centre the map on it Milton Friedman is almostsingle-handedly responsible forthere being any political andideological diversity in the fieldof economics at all. Last stated 2 years ago 19 Jan 2025 JB Jennifer Burns — holds since 2025-01-19 — tap for who they are Same subject: Milton Friedman would have backed the first rounds of coronavirus relief, because he treated an emergency as a category where his ordinary rules were suspended. — tap to centre the map on it Milton Friedman would have backedthe first rounds of coronavirusrelief, because he treated anemergency as a category where hisordinary rules were suspended. Last stated 2 years ago 19 Jan 2025 JB Jennifer Burns — holds since 2025-01-19 — tap for who they are Same subject: Since the Global Financial Crisis, unconventional monetary policy has become the dominant force driving asset prices, more than fundamentals. — tap to centre the map on it Since the Global Financial Crisis,unconventional monetary policy hasbecome the dominant force drivingasset prices, more thanfundamentals. Last stated 2 years ago 24 Sept 2024 LA Lyn Alden — holds since 2024-09-24 — tap for who they are Same subject: Friedman and Schwartz's account of the Great Depression became the Federal Reserve's permanent playbook, because no Fed chair wants to be the villain of the sequel. — tap to centre the map on it Friedman and Schwartz's account ofthe Great Depression became theFederal Reserve's permanentplaybook, because no Fed chair wantsto be the villain of the sequel. Last stated 2 years ago 19 Jan 2025 JB Jennifer Burns — holds since 2025-01-19 — tap for who they are Same subject: A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens. — tap to centre the map on it A country should raise revenue bytariffing foreign countries ratherthan by taxing its own citizens. Last stated 2 years ago 20 Jan 2025 DT Donald Trump — holds since 2025-01-20 — tap for who they are Same subject: A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them — tap to centre the map on it A thriving society needs both theleft's redistributing of resourcesand the right's producing andconserving of them Last stated 3 years ago 11 May 2023 RB Roy Baumeister — holds since 2023-05-11 — tap for who they are Same subject: Automatic fiscal stabilizers give fiscal policy an advantage over monetary policy in stabilizing output because they act faster. — tap to centre the map on it Automatic fiscal stabilizers givefiscal policy an advantage overmonetary policy in stabilizingoutput because they act faster. Last stated 4 years ago 1 Jun 2022 OB Olivier Blanchard — holds since 2022-06-01 — tap for who they are Same subject: A CEO grading themselves a failure for their mistakes does not help; every CEO makes thousands of mistakes — tap to centre the map on it A CEO grading themselves a failurefor their mistakes does not help;every CEO makes thousands ofmistakes Last stated 14 years ago 15 Jun 2012 BH Ben Horowitz — holds since 2012-06-15 — tap for who they are Same subject: A designer's assumption about where a component belongs is a personal assumption and does not mean that the market or the users will react to the component that way. — tap to centre the map on it A designer's assumption about wherea component belongs is a personalassumption and does not mean thatthe market or the users will reactto the component that way. Last stated 7 months ago 2 Apr 2026 MS Marvin Schwaibold — holds since 2026-04-02 — tap for who they are Same subject: A designer's PRs should be very small and manageable if the designer is not comfortable reviewing or writing the code themselves. — tap to centre the map on it A designer's PRs should be verysmall and manageable if the designeris not comfortable reviewing orwriting the code themselves. Last stated 5 months ago 26 May 2026 AM Andy Madrick — holds since 2026-05-26 — tap for who they are Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer barshould be set against the bestcompanies in the industry ratherthan against its own history, whichis what makes title inflation a realcost. Last stated 7 months ago 1 Apr 2026 TP Thuan Pham — holds since 2026-04-01 — tap for who they are Same subject: An economy on a fixed, unprintable base money supply can sustain rapid long-run growth with zero cumulative price inflation. — tap to centre the map on it An economy on a fixed, unprintablebase money supply can sustain rapidlong-run growth with zero cumulativeprice inflation. Last stated 7 months ago 11 Mar 2026 LA Lyn Alden — holds since 2026-03-11 — tap for who they are Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed atleast somewhat to the inflation of2021-2022. Last stated 4 years ago 25 Jul 2022 NS Noah Smith — holds since 2022-07-25 — tap for who they are
same subject or similar wordinga cloud: claims about one subject, named for itbar: when it was last stated, on a scale from 2010 to today (stretched back to the oldest claim here) — full is todaya face: someone who holds the claim — tap it for who they arefaded, dashed ring: they no longer hold it — they changed their mind

At the centre Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct. Last stated 1 Oct 2023 · 3 years ago Holds Tyler Cowen Read this korrent →