The Chicago School of Faux-Market Economics

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David Stockman explains why Milton Friedman’s “monetarism” led to more central planning disasters that swamped whatever other good he might have done by advocating the deregulation of trucking, rent control laws, etc.  in his great new book, The Great Deformation: The Corruption of Capitalism in America.  Here are some quotes by Stockman on Friedman.

For more, join Lew Rockwell, Judge Andrew Napolitano, Joe Salerno, and David Stockman for breakfast at the Metropolitan Club in New York City next Tuesday morning for a seminar on the corruption of Amerian capitalism by Mr. Stockman.

2:50 pm on May 16, 2013