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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (660465)7/1/2012 9:53:33 AM
From: puborectalis  Read Replies (1) of 1574258
 
Friedman was not a lone defender of markets. Keynes, himself, always held an enormous regard for the market system , what he termed the Manchester System. Leading American and British Keynesians also shared that regard. However, whereas these Keynesian economists understood the limits of the market and the importance of government in making capitalism work for ordinary people, Friedman did not. By all accounts, Milton Friedman was a considerate and compassionate person, and he was a revered teacher. However, his fame rests on his ideas, and those ideas suffer from an excess of conservative partisanship.
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