Luke Muehlhauser

Friedman on economics chairs

January 9, 2017 by Luke Leave a Comment

Funny comment in a 1990 letter penned by Milton Friedman, quoted in Blundell (2007), p. 47:

I have personally been impressed by the extent to which the growing acceptability of free private-market ideas has produced a lowering of the average intellectual quality of those who espouse those ideas. This is inevitable, but I believe it has been fostered by… the creation of free-enterprise chairs of economics. I believe that they are counterproductive.

Filed Under: Quotes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Lists | Quotes | Musings

RSS | About | Other Writings

Modern classical music
Modern art jazz
Favorite movies since 2009
Animal consciousness
Industrial revolution

Recommended readings

Copyright © 2023 · Luke Muehlhauser on Genesis Framework · WordPress · Log in