[lbo-talk] Uncle Miltie, he dead

[boddi satva]

I think Friedman rightly focused on the importance of money and the
role of money as a medium of economic relationships. Although I think
a lot of his ideas were wrong, I think they were powerful enough and
well-thought-out enough to push the inquiry forward. If you look at
that little video about the pencil and think about it, you see that
money is a connecting medium - a very broad social agreement and an
economic language. Friedman definitely over-emphasized a certain view
of that medium and drew conclusions I don't agree with, but as I say,
he pushed the argument forward.

Of course his polemics also tended to push people away from studying
money because they associated the real, economic inquiry with the
political nonsense and excess. But, as with most thinkers, you have to
separate the academic and the polemic.

boddi

On 11/16/06, Steven L. Robinson <srobin21 at comcast.net> wrote:
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> -------------- Original message --------------
> From: "boddi satva" <lbo.boddi at gmail.com>
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> , right about a lot of things
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> Such as?
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> > and certainly added positively to the debate about economics.
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> How so?
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