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To: ild who wrote (244555)6/9/2003 11:13:52 AM
From: ild  Respond to of 436258
 
Lunch with the FT: Milton Friedman
By Simon London
FT.com site; Jun 06, 2003


Hold on to your hats and prepare to be amazed: Milton Friedman has changed his mind.

"The use of quantity of money as a target has not been a success," concedes the grand old man of conservative economics. "I'm not sure I would as of today push it as hard as I once did." Granted, this is hardly a conversion of Damascene significance. But, heck, it's a start. It also shows that, at the age of 91, Friedman still has his critical faculties intact. The man once described as "the most consequential public intellectual of the post-war era" is still engaged - and engaging.

...

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