Galbraith Freidman Overdrive
With Milton Freidman and JK Galbraith both dying in the same week, there's lots of good econ larnin' to do. Here's some links:
Via Ezra, Rick Perlstein writes, "Milton Friedman's life is exactly what those of us interested in turning around American need to be studying.... His ideas brought misery to millions. All the more reason that his absolute determination to spread those ideas should inspire our efforts to turn back that misery."
A critical eulogy of Friedman.
Ezra says McArdle doesn't understand enough economics to understand Galbraith, and that's why she sneers at him.
At Yglesias, Friedman's confusion over Kennedy's most famous words.
LGM on Marty, but not the loveable butcher one.