Quote: "[Milton] Friedman, who used to be the ultimate avatar of - TopicsExpress



          

Quote: "[Milton] Friedman, who used to be the ultimate avatar of conservative economics, has essentially disappeared from right-wing discourse. Oh, he gets name-checked now and then — but only for his political polemics, never for his monetary theories. Instead, Rand Paul turns to the “Austrian” view of thinkers like Friedrich Hayek — a view Friedman once described as an “atrophied and rigid caricature” — while Paul Ryan, the G.O.P.’s de facto intellectual leader, gets his monetary economics from Ayn Rand, or more precisely from fictional characters in “Atlas Shrugged.” How did that happen? Friedman, it turns out, was too nuanced and realist a figure for the modern right, which doesn’t do nuance and rejects reality, which has a well-known liberal bias. " nytimes/2013/08/12/opinion/krugman-milton-friedman-unperson.html?_r=0
Posted on: Mon, 12 Aug 2013 14:17:10 +0000

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