Tag Archives: milton friedman
Spoon-Fed Labor
The subject and nature of “labor” is, of course, as old as mankind itself. Indeed, we would not be here today, tapping away on our laptop computer, were it not for the convenient fact that enough of our forebears managed to dodge the cosmic unemployment lines such that the species itself could carry on. Continue reading
Posted in Economy
Tagged argentina, artificial intelligence, employment, joel bowman, milton friedman
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How Uncle Sam Inflates Away Your Life
“Inflation is always and everywhere a monetary phenomenon,” once remarked economist and Nobel Prize recipient Milton Friedman. He likely meant that inflation is the more rapid increase in the supply of money relative to the output of goods and services … Continue reading
Posted in Inflation, MN Gordon
Tagged bureau of labor statistics, consumer price index, milton friedman, shadow stats
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