Pluralistic: Podcasting "Ideas Lying Around" (12 June 2023)


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Ideas Lying Around

Milton Friedman was a monster, but he wasn’t wrong about this.

A workbench with a pegboard behind it. from the pegboard hang an array of hand-tools.
btwashburn/CC BY 2.0

Only a crisis — actual or perceived — produces real change. When that crisis occurs, the actions that are taken depend on the ideas that are lying around. That, I believe, is our basic function: to develop alternatives to existing policies, to keep them alive and available until the politically impossible becomes the politically inevitable.

-Milton Friedman, 1972

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Pluralistic: Higher interest rates increase both the monetary supply and inflation (04 Feb 2023)


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