The Chicago School of Faux-Market Economics
May 16, 2013
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.
Dr. Thomas DiLorenzo [send him mail] is president of the Mises Institute. He is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
Walter Block in Terrebonne Parish