sábado, 9 de abril de 2011

Milton Friedman, was he as good an economist as we think?

Milton Friedman was born in July 1912 in Brooklyn. He was famous for his theoretical research in economy.  He was called "the most influential economist of the second half of the 20th century…possibly of all of it" by The Economist magazine. He received the Nobel Memorial Prize in Economic Sciences. He was the economical adviser to President Ronald Reagan in the 80’s and many governments used his political philosophy about the government being involved as little as possible in business. Friedman opposed government regulation of many types.
According to “The Shock Doctrine” by Naomi Klein, Milton Friedman was part of the destruction of Argentina’s and Chile’s political and economic system. Milton Friedman’s dream of free capitalism could only be accomplished by the killing of thousands and putting more than one hundred thousand Chileans in jail. He was a good friend to Pinochet. Orlando Letelier (ex-ambassador and economist from Chile) wrote an article for The Nation saying that Milton Friedman was just as guilty as Pinochet for the human rights violations. Letelier was killed less than a month after the article was printed. Three weeks later, Milton Friedman won the Nobel Prize for Economics.
Some people think of him as the hero in the economic world, but if you ask any Chilean or Argentinean who disagreed with this type of thinking, they would call Milton Friedman a monster.

1 comentario:

  1. I cannot see the hero in Friedman, sorry. I'm with the Argentineans and Chileans...

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