Milton Friedman

In the 2012 Presidential Election, How Important - for Better or for Worse - Is Mitt Romney's Track Record at Bain Capital?

Peter Smirniotopoulos | Posted 05.22.2012

Read More: Mitt Romney Bain Capital, Msnbc, Milton Friedman, GOP Debate, Staples, Cnbc, Gop Primary 2012, President Obama, 2002 Olympics, Mitt Romney, Elections 2012, Private Equity, Sports Authority, Jim Cramer, GOP Candidates, 2012 Election, Bain Capital, Bright Horizons, Presidential Qualifications, Wall Street, Politics News
Peter Smirniotopoulos

In order to understand Romney's reliance on his Bain Capital experience, one must also gain an understanding about how private equity works, the prevailing general ignorance about which has, thus far, benefitted the Romney campaign.

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Harvard Business Students Debate KKR and Sustainability

Gwen Ruta | Posted 05.22.2012

Read More: Kkr, Corporate Social Responsibility, Profits, Milton Friedman, Business, Bob Eccles, Green News
Gwen Ruta

For years, Friedman's theories held young business students in thrall across the country, but last week at Harvard Business School, I saw a totally different ethos.

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Never Want To Pay For A Student Loan Again? You Might Not Have To

The Huffington Post | Tyler Kingkade | Posted 02.09.2012

Read More: California Budget, Finance College, University of California, Milton Friedman, Student Debt, Fix Uc, Mark Yudof, Uc Riverside, Student Loans, Tuition Payment, College News

Don't want to pay student loans anymore? Well, maybe you don't have to. A group of students at the University of California Riverside have come up...

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Saving Us From the Bottom

Jim Worth | Posted 04.07.2012

Read More: Politics, Recovery, Milton Friedman, Middle-Class, Economy, Alan Greenapan, Congress, Republicans, Corporate Taxes, Capitalism, Austerity, Business News
Jim Worth

Time is running out so we, collectively, must demand a change in direction -- a radical change that will reestablish the middle-class and strengthen the nation's economy.

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Interest Rates Are Too Low!

Lyric Hughes Hale | Posted 03.14.2012

Read More: European Debt Crisis, Interest Rates, Milton Friedman, Economy, Economic Crisis, European Union, Ben Bernanke, Iran, Thomas Hoenig, China, Business News
Lyric Hughes Hale

What would happen if the central banks of the world, and the handful of people who run monetary policy, decided that they would all maintain the same interest rate?

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Is The GOP Losing Faith?

Tim Suttle | Posted 02.25.2012

Read More: New Evangelical, Republican Party, Rudy Giuliani, Milton Friedman, Rush Limbaugh, Tim Suttle, Fox News, David Frum, Rick Perry, Glenn Beck, Marcia Pally, David Kuo, Republicans, Evangelicals, Religion and Politics, Religion News
Tim Suttle

Christians must never attempt to enact their religion through politics, because this move bows to the assumption that the ultimate power in our culture is the power of the state.

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Is Capitalism Moral? Wrong question, Part the Last

Bishop Pierre Whalon | Posted 02.05.2012

Read More: Bernard Lonergan, Los Indignados, Milton Friedman, Apple, Capitalism, Business Ethics, Profits, Economics Morality, Business News
Bishop Pierre Whalon

What I am proposing is that we attend not only to the bottom line but also to the real human dimension of being an actor in the economy, an entrepreneur, or a business leader.

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What It Will Take

Stephen Herrington | Posted 02.05.2012

Read More: Elections 2012, Gop, Jobs, Milton Friedman, Economy, Occupy Wall Street, Economic Crisis, 2012 Election, Business News
Stephen Herrington

Our esteemed Supreme Court has ruled that money is superior to citizenship in terms of influence in lawmaking and elections. At least, the more money you have, the more of a citizen you are, irrespective of the vicissitudes of your conscience.

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Is Capitalism Moral? Part Three

Bishop Pierre Whalon | Posted 02.01.2012

Read More: Apple, Milton Friedman, Owe, Capitalism, Capitalism Morality, Business Ethics, Business News
Bishop Pierre Whalon

If you know that embarking on a course of action will have evil consequences, and you go ahead anyway, you are morally responsible.

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American Corporations Owe Nothing to American Workers, and That's a Big Part of the Problem.

Peter Smirniotopoulos | Posted 01.14.2012

Read More: Democratic Congress, Jobs Crisis, Milton Friedman, Corporate Responsibility, Republican Presidential Candidates, Economic Crisis, Republican House, Mitt Romney, Jobs, Corporate Personhood, Corporate Social Responsibility, Corporate Taxes, Obama Jobs Plan, Politics News, Politics, Republican Presidential Race, Republican Presidential Debate, Economic Recovery, Cnbc, Mad Money, Jim Cramer, Michigan Republican Primary, Business News
Peter Smirniotopoulos

In last Wednesday's CNBC-sponsored "Your Money, Your Vote" Republican Presidential Debate, an intriguing question was posed that goes to the heart of the issue "to what extent should America be willing to rely on the private sector for our economic recovery?"

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Is Wall Street the Enemy of the People?

Monika Mitchell | Posted 12.17.2011

Read More: Leadership, Housing Market, Milton Friedman, Economy, Cdos, Collateralized Debt Obligations, Business, Moral Dilemma, Warren Buffet, Mortgage, Wall Street, Profits, Finance, Occupy Wall Street, Alan Greenspan, Mortgage-Backed Securities, Corporate Social Responsibility, Csr, #Occupywallstreet, Business News
Monika Mitchell

There is something new going on in this millennium, something really exciting. A shift in the way we think from an exclusive sense of "what's in it for me?" to an inclusive sense of "what kind of world are we co-creating?"

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Steve Jobs Made Sure Apple's Main Mission Was Satisfied Customers, not Profits

Judith Samuelson | Posted 12.11.2011

Read More: Purpose of the Firm, Steve Jobs, Milton Friedman, Shareholder Value, Apple, Social-Well-Being, Steve Jobs Dead, Remembering Steve Jobs, Business News
Judith Samuelson

Focus on quality and excellence in delivering goods and services -- and ultimately, you create value for everyone who touches the enterprise -- the customers, as well as investors. Indeed, like Apple, you might change the world.

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Nicholas Wapshott's Keynes Hayek

Robert Teitelman | Posted 11.29.2011

Read More: Nicholas Wapshott, John Maynard Keynes, Keynes, Keynes General Theory, Keynesian Economics Hayek, Keynesianism, Milton Friedman, The Road to Serfdom, Ayn Rand, Business News
Robert Teitelman

Keynesianism was dealt a serious blow. What's left in the ruins? Who knows? But what occurs on a debate stage or a presidential podium is really not what defines modern economics. Or at least it shouldn't.

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The U. S. Government's Largest Means-Tested Anti-Poverty Program Has Severe Problems

Robert Auerbach | Posted 11.12.2011

Read More: Milton Friedman, Earned Income Tax Credit (EITC), Douglas Schulman, Richard Nixon, Gerald Ford, John Kennedy, Nina Olson, University of California Los Angeles (U.C.L.A., Beverly Hills, George Mcgovern, Lyndon Johnson, Watts), Daniel Patrick Moynihan, Barack Obama, Politics News
Robert Auerbach

During these dire times for millions of people, many of whom have been unemployed for long periods, the nation's safety net is mangled and inefficient.

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Which Business Model Is Best for Education Reform?

Marc Epstein | Posted 09.25.2011

Read More: John McCain, Milton, Arne Duncan, Milton Friedman, Michael Bloomberg, George W. Bush, Rupert Murdoch, Bill Gates, Education News
Marc Epstein

In an age characterized by political polarization, when it comes to public education there is bipartisan support for bypassing public institutions in order to close the racial achievement gap.

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ALEC Exposed: Milton Friedman's Little Shop of Horrors

Mary Bottari | Posted 09.17.2011

Read More: American Legislative Exchange Council, Alec, Milton Friedman, Politics News
Mary Bottari

In December of 2008, while the economy was shedding hundreds of thousands of jobs a month, one group was treating the catastrophe as a terrific opportunity.

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Does the Stimulus Stimulate?

Robert Auerbach | Posted 08.21.2011

Read More: Chairman Paul Volcker, Milton Friedman, President Barak Obama, Congressman John Campbell, QE2 and QE3, Paul Krugman, Lester Telser, Chairman Ben Bernanke, Henri Theil, Business News
Robert Auerbach

Hopefully the Bernanke Fed will not continue to disregard the damaging consequences of more rapid inflation and its devastating remedies.

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Calling on the Private Sector: It's Time to Play a Role

Simon Mainwaring | Posted 08.13.2011

Read More: Milton Friedman, Third World, Private Sector, Corporation, Social Change, Government, Business, Social Media, Impact News
Simon Mainwaring

We need to develop and disseminate an entirely new paradigm and practice of collaboration that supersedes the traditional silos that have divided governments, philanthropies and private enterprises.

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America's Hottest Economist

Business Week | Brendan Greeley | Posted 07.31.2011

Read More: Tyler Cowen, John Maynard Keynes, Milton Friedman, Austrian-School-of-Economics, Marginal Revolution, The Great Stagnation, Paul Krugman, George Mason, Chicago School, Business News

Tyler Cowen sits with a cranberry juice and a pile of books he no longer intends to read. He's at Harry's Tap Room, near the Air France ticket counter...

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My Response to the Fed's IG

Robert Auerbach | Posted 07.23.2011

Read More: Banc Nazionale Del Lavora, Girard Trust Company, Christopher Drogoul, William Miller, Henry B. Gonzalez, Milton Friedman, Ronald Reagan, University of Chicago, Ron Paul, Roosevelt University, National Archives and Records Administration, Peter Mantius, Lyndon Baines Johnson School of Public Affairs, The Atlanta Journal and Constitution, Arthur Burns, Watergate Burglars, Henry Reuss, Paul Volcker, Donald Kohn, University of Texas at Austin, New York Federal Reserve Bank, Chairman Ben Bernanke, Federal Reserve Office of Inspector General Senior Attorney Jina Hwang, Bob Woodward, University of California, Saddam Hussein, Riverside, Washington Post, Alan Greenspan, Abba Lerner, Mary Gordon, Philadelphia Federal Reserve Bank, Politics News
Robert Auerbach

Robert Auerbach's response to the Federal Reserve's IG request.

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The Great Wealth Shift Upward: Corporatists' War on the Working Class

Michele Swenson | Posted 05.25.2011

Read More: Chicago School of Economics, Milton Friedman, Disaster Capitalism, Balanced Budget, Economic Fraud, Deregulated Markets, President Salvador Allende, Neo-Feudalism, Union-Busting, Ronald Reagan, Drown Government, New Orleans Post-Katrina, Deficit Reduction, Labor Problem, Michael Hudson, Deficit Commission, Augusto Pinochet, Chile Coup, Neoliberals, Shock Doctrine, Koch Brothers, U.S. Financial Crisis, Tom Ferguson, Middle East Uprisings, Dr. Robert A. Johnson, Privatization, William K. Black, Mubarak, Bankrupt States, Grover Norquist, Alan Greenspan, Naomi Klein, Permanent Underclass, Federal Reserve, Ben Bernanke, Denver News
Michele Swenson

"Balancing the budget" and "deficit reduction" have become code for shifting the benefits of government spending to corporations away from workers.

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Bam's Balanced Slash-and-Burn Budget

Sunil Adam | Posted 05.25.2011

Read More: White House, Congress, Milton Friedman, Budget, Karl Marx, President Obama, Business, Democrats, Barack Obama, Deficit, Wall Street, Conservatives, Cartoon, Tea Party, Paul Ryan, Comedy, Republicans, Politics News
Sunil Adam

...

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Has Computer Trading Made the Stock Market a "Crapshoot"?

Robert Auerbach | Posted 05.25.2011

Read More: Cnbc, William H. Donaldson, Milton Friedman, Dodd-Frank Wall Street Reform and Consumer Protection Act, Arthur Levitt, Barrons, Jim McTague, Flash Crash, Washington Post, Eugene Fama, New York Stock Exchange, Fox Business News, Alternate Trading Systems, Sec, Ats, Hft, High Frequency Trading, Securities and Exchange Commission, Business News
Robert Auerbach

A new book will prove indispensible for those interested in the problems and benefits of replacing human traders with algorithmic machines -- in one of most important markets in the world.

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The American Debt Crisis & Infrastructure Investment

Michael Likosky | Posted 05.25.2011

Read More: Call Centers, Infrastructure, Milton Friedman, Ronald Reagan, Jobs, Reagan Revolution, Iraq War, Clean Energy, Outsourcing, Tarp, Barack Obama, Globalization, Build America Bonds, Non-AMT Private Activity Bonds, Clean Energy Bonds, Stimulus Act, Politics News
Michael Likosky

Economists are fond of telling us that America's competitive disadvantage - its inability to produce more domestic jobs - is the result of low labor c...

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PHOTOS: Highlights From Chicago Mag's Top 40 Chicago Pioneers List

Posted 05.25.2011

Read More: Chicago Magazine, Chicago Pioneers, Barack Obama, Chicago Icons, Del Close, Mayor Daley, Chicago, Slidepollajax, Illinois, Top 40 Chicago Pioneers, Milton Friedman, Chicago News

In celebration of its 40th anniversary, Chicago magazine has been releasing some great "Top 40" Chicago lists throughout the year, from restaurants to...

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