Goolsbee stated on a recent NPR interview that you can't repair the economy without first, doing some damage. this sounded like the words of Milton Friedman himself, whose economics led to assassinations, torture and political servitude. How is the New Paradigm different and better than Friedmanism?
Excellent question. Goolsbee/Friedman are what is referred to as "fine tuners" with their prescriptions of redistribution(s), that claim improvement(s) for achieving growth and fairness; while precious few of their group, have any actual success to show for their metholologies; in a word their all reductionally "HOW." The NEW economic paradigm is the "WHAT" creates wealth SOLUTION; & we too strive for growth & fairness, thus this means good economic science & better philosophy.
Goolsbee stated on a recent NPR interview that you can't repair the economy without first, doing some damage. this sounded like the words of Milton Friedman himself, whose economics led to assassinations, torture and political servitude. How is the New Paradigm different and better than Friedmanism?
estlacksensory 3 years ago
Excellent question. Goolsbee/Friedman are what is referred to as "fine tuners" with their prescriptions of redistribution(s), that claim improvement(s) for achieving growth and fairness; while precious few of their group, have any actual success to show for their metholologies; in a word their all reductionally "HOW." The NEW economic paradigm is the "WHAT" creates wealth SOLUTION; & we too strive for growth & fairness, thus this means good economic science & better philosophy.
Tky, YYBA
yyba1 3 years ago