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← Milton Friedman's chief intellectual flaw was wanting to make economics too simple.
17 connected korrents · 13 moments from 15 Jun 2012 to 26 May 2026.
Everything filed under economists
economists
Everything filed under fiscal policy
fiscal policy
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humility
Everything filed under inflation
inflation
Everything filed under market efficiency
market efficiency
Everything filed under physics
physics
Everything filed under simplicity
simplicity
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Read this korrent: Milton Friedman's chief intellectual flaw was wanting to make economics too simple.
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: Friedman's universal minimum income went nowhere precisely because it was pure and free of moral judgment, which made it beautiful and politically impossible. — tap to centre the map on it
Friedman's universal minimum income went nowhere precisely because it was pure and free of moral judgment, which made it beautiful and politically impossible.
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's body of work rests on his collaborations with women, and without Anna Schwartz and Rose Friedman his resume would be far thinner than it is. — tap to centre the map on it
Milton Friedman's body of work rests on his collaborations with women, and without Anna Schwartz and Rose Friedman his resume would be far thinner than it is.
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's best-known policy prescription, targeting the money supply, is no longer regarded as correct. — tap to centre the map on it
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: 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: Ayn Rand keeps returning to relevance in a way Milton Friedman does not, because she reached a universal human longing for independence and self-creation. — tap to centre the map on it
Ayn Rand keeps returning to relevance in a way Milton Friedman does not, because she reached a universal human longing for independence and self-creation.
Last stated 2 years ago
19 Jan 2025
JB
Jennifer Burns — holds since 2025-01-19 — tap for who they are
Same subject: A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand. — tap to centre the map on it
A sophisticated economy cannot be centrally planned, because planning removes the price signal that carries information about demand.
Last stated a year ago
2 Sept 2025
BE
Benedict Evans — holds since 2025-09-02 — tap for who they are
Same subject: The story that Einstein could not keep up with quantum mechanics is almost exactly backwards: his philosophical objections were correct and should have been taken far more seriously. — tap to centre the map on it
The story that Einstein could not keep up with quantum mechanics is almost exactly backwards: his philosophical objections were correct and should have been taken far more seriously.
Last stated 2 years ago
22 Apr 2024
SC
Sean Carroll — holds since 2024-04-22 — tap for who they are
Same subject: The Net may not produce a more complex vision of reality, because what becomes too easy becomes sloppy — tap to centre the map on it
The Net may not produce a more complex vision of reality, because what becomes too easy becomes sloppy
MC
Mihaly Csikszentmihalyi — holds since c. 1996 — 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 fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — 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: 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 2012 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