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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
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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 policy prescription, 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 monetarist money-supply-focused models nor Keynesian macro models have outperformed simple random-walk models at forecasting the macroeconomy.
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 best economist among the plausible candidates for greatest economist of all 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 intellectual flaw was wanting to make economics too 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 long and variable lags, so attempts to fine-tune the economy make things worse.
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 almost single-handedly responsible for there being any political and ideological diversity in the field of 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 backed the first rounds of coronavirus relief, because he treated an emergency as a category where his ordinary 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 has become the dominant force driving asset prices, more than fundamentals.
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 of the Great Depression became the Federal Reserve's permanent playbook, because no Fed chair wants to 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 by tariffing foreign countries rather than 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 the left's redistributing of resources and the right's producing and conserving 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 give fiscal policy an advantage over monetary policy in stabilizing output 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 failure for their mistakes does not help; every CEO makes thousands of mistakes
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 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.
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 very small and manageable if the designer is not comfortable reviewing or writing 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 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.
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, unprintable base money supply can sustain rapid long-run growth with zero cumulative price 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 at least somewhat to the inflation of 2021-2022.
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 wording a cloud: claims about one subject, named for it bar: when it was last stated, on a scale from 2010 to today (stretched back to the oldest claim here) — full is today a face: someone who holds the claim — tap it for who they are faded, dashed ring: they no longer hold it — they changed their mind