Patrick Byrne

@PatrickByrne ↗

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Last Checked Feb. 25, 2023

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Fri Sep 20 03:19:06 +0000 2019

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Patrick Byrne @PatrickByrne

@JT_ZLC @CubicleWarrior_ Thanks. Friedman was an antagonist of socialism. However, as a young man working for USG he designed the system of tax withholding, and as a monetarist he did envision government mandarins "managing" the economy. But he grew to favor very simple management (e.g. "Taylor Rule"). — PolitiTweet.org

Posted Sept. 20, 2019 Hibernated

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Patrick Byrne @PatrickByrne

@mg0314a @CubicleWarrior_ But the argument that it has been used by Breitbart, Trump, and Alex Jones and therefore must be avoided escapes me. Hypothetically, if they referred someday to "the law of supply and demand", does that mean we must renounce economics? — PolitiTweet.org

Posted Sept. 20, 2019 Hibernated

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Patrick Byrne @PatrickByrne

@JT_ZLC @CubicleWarrior_ At the end, Friedman got closer and closer to Hayek, at least in terms of policy prescription. That is why they were big together in the Pelerin Society. — PolitiTweet.org

Posted Sept. 20, 2019 Hibernated