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Milton Friedman on Price Controls: "It is a device that Governments have repeatedly resorted to in an attempt to cover up the effects of their own policies." How relevant is this right now… 👏👏👏

385,009 Aufrufe • vor 2 Jahren •via X (Twitter)

10 Kommentare

Profilbild von 𝘉𝘳𝘪𝘢𝘯 𝘵𝘩𝘦 𝘚𝘤𝘰𝘵𝘪 🏴󠁧󠁢󠁳󠁣󠁴󠁿
𝘉𝘳𝘪𝘢𝘯 𝘵𝘩𝘦 𝘚𝘤𝘰𝘵𝘪 🏴󠁧󠁢󠁳󠁣󠁴󠁿vor 2 Jahren

Yuri Bezmenov's Four Stages of Subversion 1 Demoralization (Marxist Sequence) 2. Destabilization (Immigration) 3. Crisis (NOW) < 4. Normalization (Defeat)

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Justin Jinoriovor 2 Jahren

These videos are gold. Love Milton Friedman

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Rep. Real Diehlvor 2 Jahren

We need a Milton Friedman today. Nobody explained the virtues of free markets like him.

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Kimbervor 2 Jahren

Milton was a national treasure!

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Investing/News/Sportsvor 2 Jahren

Professor Friedman lays out the shortcomings of price controls. @UChicago

Profilbild von Craig Cunningham 🇺🇸🇺🇦🇩🇪🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿
Craig Cunningham 🇺🇸🇺🇦🇩🇪🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿vor 2 Jahren

Awesome explanation of how price controls do not help. If the price rises for eggs then more people will raise chickens. With price controls they might disappear when they cannot be produced except at a loss. Venezuela JUST had this happen a few years ago, so farmers turned to the black market, then gangs wanted a cut of the money, then they slaughtered the chickens and no more eggs for sale.

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NOKDvor 2 Jahren

Half of the country probably doesn’t even know who Milton Friedman is anymore. They learn next to nothing in school.

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Brad M.D.vor 2 Jahren

Milton Friedman is the GOAT of economics and Freedom!

Profilbild von Patrick H. Clifford
Patrick H. Cliffordvor 2 Jahren

I received this mass email from Harris's campaign, and it didn't mention anything about price control. She emphasized the danger of Project 2025. Trump didn't endorse it anyway.

Profilbild von Warspite 🇺🇦 🇮🇱 🇬🇧
Warspite 🇺🇦 🇮🇱 🇬🇧vor 2 Jahren

Price controls are the last bastion of Keynesians. Like Rent Controls, they win favour, but it is scorched earth before inflation lets rip.

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