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Old 03-12-2012, 08:12 PM
 
Location: Houston
26,979 posts, read 14,333,754 times
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Friedman, Hayek, Williams and Sowell.
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Old 03-12-2012, 08:32 PM
 
Location: Texas
5,872 posts, read 7,522,774 times
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Quote:
Originally Posted by Kirdik View Post
He passed away in 2006, seems pretty modern to me.

Friedman's last economic paper or theory to be proposed was in 1997. After that he wrote mainly editorial and opinion pieces. Editorial and opinion are NOT economic theory, hypothesis or actual work.

15 years, is not "modern". He's probably very happy to have passed in 2006, before his supply side "theory" collapsed like the Hindenburg.
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Old 03-12-2012, 09:06 PM
 
Location: Las Vegas
5,866 posts, read 4,597,957 times
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Quote:
Originally Posted by knowledgeiskey View Post
Which modern economist do you credit for knowing the most about Macroeconomics?

My favorite is Paul Krugman. He knows everything about monetary policies, trade, and taxes.
Paul Krugman...oh boy. I prefer economists who know what the hell they're talking about. My favorite current economist is Thomas Woods. He's forgotten more about economics than Krugman's ever known.
Tom Woods
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Old 03-12-2012, 09:07 PM
 
Location: Las Vegas
5,866 posts, read 4,597,957 times
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Quote:
Originally Posted by Skydive Outlaw View Post
Ludwig von Mises and Murray Rothbard


www.mises.org
Definitely great minds but I was under the impression the criteria for this thread was living economists? I could be wrong however.
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Old 03-12-2012, 09:14 PM
 
Location: Long Island
46,932 posts, read 19,452,340 times
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Jefrrey Sachs

Recent Book - "The Price of Civilization"
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Old 03-12-2012, 09:26 PM
 
Location: Los Angeles
14,371 posts, read 9,030,492 times
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Krugman?

He's another internationalist who believes Obama isn't leaning far enough left. In other words, an economist who believes we can spend our way out of debt. Never mind his tasteless class warfare quips and blanket mentality "Republicans are the party of the stupid!" At least he actually did something to win his Nobel unlike the person currently occupying the White House.

An economist avoids waste or reduces expenditures.

Friedrich Hayek (fatal conceit), could have economized circles around Krugman. However, I'll back any economist that says the FED should be abolished.

Last edited by steven_h; 03-12-2012 at 09:36 PM..
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Old 03-12-2012, 09:33 PM
 
6,941 posts, read 8,945,396 times
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Quote:
Originally Posted by Goodnight View Post
Jefrrey Sachs

Recent Book - "The Price of Civilization"
Great book.

He's one of my favorites

Quote:
Originally Posted by NorthGAbound12 View Post
Paul Krugman...oh boy. I prefer economists who know what the hell they're talking about. My favorite current economist is Thomas Woods. He's forgotten more about economics than Krugman's ever known.
Tom Woods
Tom Woods is not an economist.

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Old 03-12-2012, 09:34 PM
 
6,941 posts, read 8,945,396 times
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Quote:
Originally Posted by steven_h View Post
Krugman?

He's another internationalist who believes Obama isn't leaning far enough left. In other words, an economist who believes we can spend our way out of debt. Never mind his tasteless class warfare quips and blanket mentality "Republicans are the party of the stupid!" At least he actually did something to win his Nobel unlike the person currently occupying the White House.

Friedrich Hayek (fatal conceit), however I'll back any economist that says the FED should be abolished.
The fed doesn't need to be abolished. It just needs to be tweaked to be in the interest of the people instead of banks.
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Old 03-12-2012, 09:41 PM
 
Location: Los Angeles
14,371 posts, read 9,030,492 times
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Quote:
Originally Posted by knowledgeiskey View Post
The fed doesn't need to be abolished. It just needs to be tweaked to be in the interest of the people instead of banks.
That's like saying a rabid dog doesn't need to be killed, just shot. The FED was setup by bankers for bankers and can never be "fixed" to work for the people.
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Old 03-13-2012, 03:18 AM
 
29,724 posts, read 37,254,653 times
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Quote:
Originally Posted by txgolfer130 View Post
Friedman's last economic paper or theory to be proposed was in 1997. After that he wrote mainly editorial and opinion pieces. Editorial and opinion are NOT economic theory, hypothesis or actual work.

15 years, is not "modern". He's probably very happy to have passed in 2006, before his supply side "theory" collapsed like the Hindenburg.
Well that's a nasty display of rhetorical gymnastics.
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