I have great admiration for Milton Friedman. However, this article - TopicsExpress

I have great admiration for Milton Friedman. However, this article from the Mises Institute explains why Friedman was totally wrong on the causes of the Great Depression. This is important because the Federal Reserve is following his monetarist error today. I have read the monetarists, the Keynesians, and the Austrians since the 70s and I am convinced Mises was right on this one. But, as I said, Friedman is great on almost everything else.

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