Milton Friedman, 1912-2006

If there was a market for Milton Friedman, he would still be around.

To be fair, he actually influenced my economic and political thinking a bit, especially in my younger years. I liked the general liberal outlook and the idea of the negative income tax. But like most economists, he was too simplistic after all, just looking at numbers and models instead of the people. That’s how you end up going to Chile in 1975 and talking about inflation instead of political prisoners. Wrong priority.

 

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About Andreas Moser

I am a lawyer in Germany, with a focus on international family law, migration and citizenship law, as well as constitutional law. My other interests include long walks, train rides, hitchhiking, history, and writing stories.
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1 Response to Milton Friedman, 1912-2006

  1. I’ve noticed a number of so-called “economic experts” that seem to lay out some extraordinary models, that always seem to fail in the real world. Perhaps a prerequisite to an Economics degree should be a minor in political history? Learn what DOESN’T work, before you try to postulate what will.

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