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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 Everything filed under humility humility Everything filed under inflation inflation Everything filed under market efficiency market efficiency Everything filed under physics physics Everything filed under simplicity simplicity Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Milton Friedman's chief intellectual flaw was wanting to make economics too simple. Milton Friedman's chief intellectual flawwas 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 incomewent nowhere precisely because itwas pure and free of moral judgment,which made it beautiful andpolitically 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 restson his collaborations with women,and without Anna Schwartz and RoseFriedman his resume would be farthinner 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 policyprescription, targeting the moneysupply, is no longer regarded ascorrect. 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 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: 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 torelevance in a way Milton Friedmandoes not, because she reached auniversal human longing forindependence 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 becentrally planned, because planningremoves the price signal thatcarries 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 notkeep up with quantum mechanics isalmost exactly backwards: hisphilosophical objections werecorrect and should have been takenfar 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 morecomplex vision of reality, becausewhat 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 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 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 economyis already at potential outputprompts monetary tightening thatdampens or eliminates its effect onoutput. 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 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: 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
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At the centre Milton Friedman's chief intellectual flaw was wanting to make economics too simple. Last stated 1 Oct 2023 · 3 years ago Holds Tyler Cowen Read this korrent →