Thursday, November 16, 2006

Milton Friedman dies at 94

There's not much I can say about this that hasn't already been said better by others. One of the great men of economics, and philosophy in general, died today. While I don't personally agree with many of his philosophical conclusions, there can be no doubt that he was a man of brilliance and integrity. Smith, Keynes, and Friedman were in a league of their own. As with Newton and Einstein to physics, we may never see their like again.

The Financial Times has an excellent obituary.

6 comments:

Anonymous said...

Limits on Exportation of Pennies, Stock Market "correction," Great article in the Economist about going to a cashless society, and an agreement (maybe) on the division of Iraqi oil.

And here, another of Jerry's kids goes quiet...

Anonymous said...

I know there's a certain tradition of bloggers who follow US elections taking extended time off after the elections, but this is ridiculous. You're living in Finland after all, plus you weren't even covering our elections on this site! That's no excuse for a 4-month (and counting) disappearing act, Ami.

;-)

Ami Ganguli said...

Hi Indy!

Yeah, you're right :-).

I'm thinking about what I want to blog about in general.

I was a bit obsessed with U.S. politics for a while, so this provided a bit of an outlet for that, but that obsession has passed (at least until the next election).

My other interests are economics of migration and economics of innovation. I'm afraid those will be incredibly boring for anybody else. Still I might start putting up condensed versions of my essays here. I'm working on one now - I'll post a summary once I'm done (Sunday or Monday).

... Ami.

Anonymous said...

No excuse at all ;-)

Ami,
FWIW, I for one would be very interested in discussions/posts about economics.

And until '08, at least you have a French election to follow.

Anonymous said...

Any thoughts on the French Election?

Anonymous said...

Hi Ami.

It's probably a silly question but I wonder if you've been keeping track of economic statistics here in the states. They've been getting a bit more mixed recently in terms of whether they're good news or bad news for the economy. Some stats, like unemployment, have been healthy, while others, like retail sales, mortgagae defaults, and home sales, are behaving erratically - at best.

So I'm curious if you've any forecasts about what lies ahead in the next year or two for our economy as well as for other interrelated economies if the US' economy turns south.

Also - got any interesting summer travel plans?