zsylvana (July 24, 2008 at 7:12 am)

Friedmans Concept was not matched by economic success.The profit stagnation in industrial enterprise worldwide continued.The surge upward of the stock markets everywhere was based not on productive profits but large speculative financial manipulations.The distribution of income worldwide and in countries became very skewed a massive increase in the income of the top 10% especially the top 1% of the world population but a decline in real income of much of the rest of the world and recession

zsylvana (July 24, 2008 at 7:09 am)

Disillusionment with the glories of an unrestrained "market" began to set in by the mid-1990s. This could be seen in many developments: the return to power of more social-welfare-oriented governments in many countries; the turn back to calling for government protectionist policies, especially by labor movements and organizations of rural workers;the worldwide growth of an alterglobalization movement whose slogan was "another world is possible."

primelimelite (July 16, 2008 at 6:07 pm)

Congratulations for being awake--not many are!

zsylvana (July 14, 2008 at 9:48 pm)

sunstorm.I really don´t think You have worryabout non of the ANY President canditates ifyou are a Libertarian.The polticical machine in United States see that when Campain and the Debate is over,Obama like Clinton probarly would bee a "Moderate Republican"!Clinton had Jack Rubin,Obama Jason Furman.Most economist prefer Obama even in right wing because they trust him better then a unpreditabal Mc Cain that i can see!

sunstorm007 (July 13, 2008 at 10:48 pm)

"Jason Furman as chief of his economic-political team."I might not have to worry about Obama getting elected then. Jason Furman is an excellent Economist from the Brookings Institution. Great organization.

TheLingerieSalesman (July 13, 2008 at 3:18 am)

Thank you. People don't realize how hard a BA in econ is. I have 10 math credits so far and I'm not even half way.

zsylvana (July 11, 2008 at 3:00 am)

I am scared to death that Obama have taken one of Freidmans biggest Fans and followers,Jason Furman as chief of his economic-political team.Furman is one ofWal-Marts Biggest defenders.I hope i am wrong and that Obama don´t listen to advises from that terrible guy if he wins.Friedmans ideeasshould stay wer they belong,Six feet under ground.

zsylvana (July 10, 2008 at 10:28 pm)

USA have deep economic problems all way back since 1973.You don´t sell.You haven´t investested in basic industry since early 1980.Your Trade balance is negative.You have too loan money from China and Japan to finance your war in IRAK and your hysteric consumption.Since you left the Keynesian economics stimulatiting week demands and took advices from Friedmanyou have failed.If the World Bank was controlled by China,Japan or Germany you have been a third world country today.

sunstorm007 (July 10, 2008 at 6:19 am)

"Giving a phony Nobel Prize to people that can't do algebra. ROFL "To get a BA in Economics You Have to take Six Hours of Calculus and a Class in Linear Algebra. You're required do gradauate level math all the way through PHD.

zsylvana (June 30, 2008 at 7:03 pm)

Everything reminds Milton Friedman of the money supply. Everything reminds me of sex, but I try to keep it out of my papers." ~ Nobel Prize Winner Robert Solow "If economists wished to study the horse, they wouldn´t go and look at horses. They´d sit in their studies and say to themselves, "what would I do if I were a horse?"" ~ Ely Devons "The only function of economic forecasting is to make astrology look respectable." ~ John Kenneth Galbraith