(Untitled)

[aerb]

I know that most of you will look at this and go "OH GOD. ECONOMICS. OH GOD. MILTON FRIEDMAN. RUN."

But just look at the categories on this video and think of them applied to this.

...No more words.

Comments

[aerb]

Monetarist. Basically, he was one of the biggest leading libertarians ever and he sort of has some sort of ridiculous economic philosophy that says that as long as we keep inflation at 3% per year, nothing can go wrong. Which is wrong. But that's all.

And he's the most recent popular economist of the big three. Smith, Keynes, and Friedman are Classicism, Keynesianism, and Monetarism.