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← Milton Friedman's chief intellectual flaw was wanting to make economics too simple.

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Same subjectSame subjectSame subject Milton Friedman's chiefintellectual flaw waswanting to make economics… TC Tyler Cowen — holds since 2023-10-01 Milton Friedman's best-known policy prescription, targeting the money supply, is no longer regarded as correct. Milton Friedman'sbest-known policy… TC Tyler Cowen — holds since 2023-10-01 Neither monetarist money-supply-focused models nor Keynesian macro models have outperformed simple random-walk models at forecasting the macroeconomy. Neither monetaristmoney-supply-focused… TC Tyler Cowen — holds since 2023-10-01 The General Theory is a brilliant work despite numerous flaws in reasoning, exposition, and microeconomics. The General Theory is abrilliant work despite… TC Tyler Cowen — holds since 2023-10-01
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