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Old 07-13-2017, 06:10 PM
 
Location: Cannes
2,183 posts, read 1,261,597 times
Reputation: 1329

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Mine is Milton Friedman
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Old 07-14-2017, 03:54 AM
 
64,778 posts, read 66,270,542 times
Reputation: 43156
Never had one , most are useless soothsayers
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Old 07-14-2017, 06:45 AM
 
4,229 posts, read 1,911,784 times
Reputation: 3787
Uncle Miltie was a nice man and a good conversationalist. But his having had to rely on helicopters and fireplaces to illustrate his thoughts on monetary policy pretty much established him as having been in over his head as an economist. The failures of his "Chicago boys" in post-Allende Chile did little to bring credit to his thinking either.
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Old 07-14-2017, 08:54 AM
 
Location: NY/LA
3,091 posts, read 2,558,593 times
Reputation: 2384
I don't think I have a "guru", and it's been some years since I've read any of his books, but a lot of what I've read from Stiglitz made a lot of sense to me.
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Old 07-14-2017, 10:05 AM
 
4,229 posts, read 1,911,784 times
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Some people should read Stiglitz simply for his "you didn't build that" forays into Georgist notions of what people can actually claim to be the product of their own efforts.
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Old 07-14-2017, 10:08 AM
 
Location: Paranoid State
12,685 posts, read 9,460,731 times
Reputation: 14953
... while other people should read Free to Choose.
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Old 07-14-2017, 10:24 AM
 
Location: NY/LA
3,091 posts, read 2,558,593 times
Reputation: 2384
Quote:
Originally Posted by SportyandMisty View Post
... while other people should read Free to Choose.
At some point, doesn't everyone interested in economics read Hayek and Friedman? Libertarianism can be very seductive.
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Old 07-14-2017, 10:26 AM
 
4,229 posts, read 1,911,784 times
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Quote:
Originally Posted by SportyandMisty View Post
... while other people should read Free to Choose.
Uncle Miltie again? Why not "The Pet Goat" instead?
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Old 07-14-2017, 10:29 AM
 
4,229 posts, read 1,911,784 times
Reputation: 3787
Quote:
Originally Posted by Mr. Zero View Post
At some point, doesn't everyone interested in economics read Hayek and Friedman?
Pretty much, yes. And thus are their failures ever more widely revealed.

Quote:
Originally Posted by Mr. Zero View Post
Libertarianism can be very seductive.
Much like heroin. But let's face it -- libertarianim today is mostly just where all the neocons who couldn't face the music after the GWB debacle ran off to so as to be able to claim cover.
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Old 07-14-2017, 10:57 AM
 
8,301 posts, read 3,466,952 times
Reputation: 1588
Cullen Roche:

Pragmatic Capitalism | Capital for Living a More Practical Life

Not actually an economist, and kind of a practical/realistic derivative of Warren Mosler.
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