in the electricity sector, was a different story. In the long run, great men are remembered for their strengths, not their weaknesses, and Milton Friedman was a very great man indeeda man of intellectual courage who was one of the most important economic thinkers of all time, and possibly the most brilliant communicator. The young John Milton was all about the Parliamentarians and wrote a lot of pamphlets supporting their positions. He dictated the entire work to secretaries. To Which Is Added Samson Agonistes 1671, the Sonnets of John Milton 1883.
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HUM 112 Week 3 Quiz - Week 3 Quiz Question 1 2 out
Week 3 Quiz - Week 3 Quiz Question 1 2 out of 2 points
Friedman and Stigler dismissed all such concerns. The title suggests some sort of sequel, but, although a great work in its own right, Paradise Regained is a very different kind of poem, shorter and more contemplative than action oriented, and therefore less popular than the earlier work. But the extra yen were hoarded, not spent. In the decades ahead, this single-mindedness would become Friedmans trademark. Some of his ideas have received widespread acceptance, like replacing rigid rules on pollution with a system of pollution permits that companies are free to buy and sell. Lanham,.: The Scarecrow Press, 1996, 249. If competing with the great poets of the past weren't enough, Milton was completely blind! And some of his proposals, like eliminating licensing procedures for doctors and abolishing the Food and Drug Administration, are considered outlandish even by most conservatives. What's with all the injustice in the world?". As you might expect, Charles II wasn't too happy about his dad's death and he executed many of those responsible. He argued that after a sustained period of inflation, people would build expectations of future inflation into their decisions, nullifying any positive effects of inflation on employment. Steady growth in the money supply, he argued, would lead to a reasonably stable economy.