1 result for tag: Milton Friedman


Economics: Four Ways to Spend Money

Economics has always intrigued me. I remember a professor spending days lecturing about money supply, interest rates, demand, inflation, and other metrics; only to have me question her artistic theories with my observation of market realities. I appreciate the decisions people make relative to their own personal wealth and spending habits. Economics has never been about carrots and potatoes, this oversimplifies the question of how people make decisions. All economic partners including governments, business, and consumers should actively study the actual choices people make as a reality check to their constructed theories and beliefs. I believe ...