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	<title>Monty Pelerin&#039;s World &#187; Friedman</title>
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	<link>http://www.economicnoise.com</link>
	<description>Economics, Finance and Politics Through The Prism of Classical Liberalism</description>
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		<title>Worse than a Depression</title>
		<link>http://www.economicnoise.com/2010/06/04/worse-than-a-depression/</link>
		<comments>http://www.economicnoise.com/2010/06/04/worse-than-a-depression/#comments</comments>
		<pubDate>Fri, 04 Jun 2010 13:04:50 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Deflation]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[spending]]></category>
		<category><![CDATA[Depression]]></category>
		<category><![CDATA[Financialsenseonline]]></category>
		<category><![CDATA[Hyperinflation]]></category>
		<category><![CDATA[Inflation And Deflation]]></category>
		<category><![CDATA[Jim Puplava]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Milton Friedman]]></category>
		<category><![CDATA[mises]]></category>
		<category><![CDATA[Output Gap]]></category>
		<category><![CDATA[Polar Opposites]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=11089</guid>
		<description><![CDATA[As the economic crisis approaches the two-year point, it is apparent that “this time is different.”  Few analysts believe that we are going to recover from this Great Recession in a fashion that resembles prior recoveries. Most argue about how long it might run (Japan’s recovery is now two decades <a href='http://www.economicnoise.com/2010/06/04/worse-than-a-depression/'>[...]</a>]]></description>
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		<slash:comments>15</slash:comments>
		</item>
		<item>
		<title>Witch Doctor Economics</title>
		<link>http://www.economicnoise.com/2010/05/10/witch-doctor-economics/</link>
		<comments>http://www.economicnoise.com/2010/05/10/witch-doctor-economics/#comments</comments>
		<pubDate>Mon, 10 May 2010 14:31:55 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Bernanke]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[History]]></category>
		<category><![CDATA[Inflation]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Keynesian]]></category>
		<category><![CDATA[Monetarist]]></category>
		<category><![CDATA[Noland]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Failure of Economics]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Inflationism]]></category>
		<category><![CDATA[Keynes]]></category>
		<category><![CDATA[Macroeconomics]]></category>
		<category><![CDATA[Microeconomics]]></category>
		<category><![CDATA[Prudent Bear]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=10469</guid>
		<description><![CDATA[The economic packages employed by the Bush Administration and extended by the Obama Administration are being increasingly questioned. Similar stimulus policies have been used for 50 plus years, although never in doses so large. &#8220;Stimulus&#8221; is merely a euphemism for inflationism and has been since the ideas of John Maynard Keynes <a href='http://www.economicnoise.com/2010/05/10/witch-doctor-economics/'>[...]</a>]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/05/10/witch-doctor-economics/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Milton Friedman Again</title>
		<link>http://www.economicnoise.com/2010/04/19/milton-friedman-again/</link>
		<comments>http://www.economicnoise.com/2010/04/19/milton-friedman-again/#comments</comments>
		<pubDate>Mon, 19 Apr 2010 11:30:30 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Today's Wisdom]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Freedom]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=9886</guid>
		<description><![CDATA[This post is a repeat from several months ago. I post it again because of its value for those that have not watched it. For anyone concerned with liberty, it should not be missed. I am not sure when the interview took place, but would guess 30 to 50 years ago. <a href='http://www.economicnoise.com/2010/04/19/milton-friedman-again/'>[...]</a>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The Case for Legalizing Drugs</title>
		<link>http://www.economicnoise.com/2010/04/18/the-case-for-legalizing-drugs/</link>
		<comments>http://www.economicnoise.com/2010/04/18/the-case-for-legalizing-drugs/#comments</comments>
		<pubDate>Sun, 18 Apr 2010 13:31:48 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Friedman]]></category>
		<category><![CDATA[law]]></category>
		<category><![CDATA[Legalization Of Drugs]]></category>
		<category><![CDATA[Milton Friedman]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=9892</guid>
		<description><![CDATA[Milton Friedman argues the case for the legalization of drugs. [youtube]http://www.youtube.com/watch?v=nLsCC0LZxkY&#38;feature=related[/youtube] Alan Greenspan &#8211; Hypocrite Worse than a Depression Politics Trumps Good Economics]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/04/18/the-case-for-legalizing-drugs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wisdom: Friedman on Fed</title>
		<link>http://www.economicnoise.com/2010/03/29/wisdom-friedman-on-fed/</link>
		<comments>http://www.economicnoise.com/2010/03/29/wisdom-friedman-on-fed/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 12:22:31 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Fed]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Today's Wisdom]]></category>
		<category><![CDATA[Arbitrary Power]]></category>
		<category><![CDATA[Body Politic]]></category>
		<category><![CDATA[Federal Reserve]]></category>
		<category><![CDATA[Independent Central Bank]]></category>
		<category><![CDATA[Milton Friedman]]></category>
		<category><![CDATA[Political Argument]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=9505</guid>
		<description><![CDATA[Milton Friedman on dangers of allowing the Federal Reserve so much power: &#8220;The power to determine the quantity of money&#8230; is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power&#8230; Any system <a href='http://www.economicnoise.com/2010/03/29/wisdom-friedman-on-fed/'>[...]</a>]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/03/29/wisdom-friedman-on-fed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Can We Have Another Banking Holiday</title>
		<link>http://www.economicnoise.com/2010/03/06/can-we-have-another-banking-holiday/</link>
		<comments>http://www.economicnoise.com/2010/03/06/can-we-have-another-banking-holiday/#comments</comments>
		<pubDate>Sat, 06 Mar 2010 12:50:57 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[FDIC]]></category>
		<category><![CDATA[Fed]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Treasury]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[Bank run]]></category>
		<category><![CDATA[Deposit account]]></category>
		<category><![CDATA[Federal Deposit Insurance Corporation]]></category>
		<category><![CDATA[Federal Reserve System]]></category>
		<category><![CDATA[Fractional-reserve banking]]></category>
		<category><![CDATA[Great Depression]]></category>
		<category><![CDATA[Money supply]]></category>
		<category><![CDATA[Transactional account]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8920</guid>
		<description><![CDATA[Can We Have Another Banking Holiday? “But most commercial banking is “deposit banking” based on a gigantic scam: the idea, which most depositors believe, that their money is down at the bank, ready to be redeemed in cash at any time.” Murray Rothbard One of the most painful and important <a href='http://www.economicnoise.com/2010/03/06/can-we-have-another-banking-holiday/'>[...]</a>]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/03/06/can-we-have-another-banking-holiday/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>Earthquakes, Economics and Friedman</title>
		<link>http://www.economicnoise.com/2010/03/02/earthquakes-economics-and-friedman/</link>
		<comments>http://www.economicnoise.com/2010/03/02/earthquakes-economics-and-friedman/#comments</comments>
		<pubDate>Tue, 02 Mar 2010 14:45:30 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Friedman]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Bret Stephens]]></category>
		<category><![CDATA[Chile]]></category>
		<category><![CDATA[Death]]></category>
		<category><![CDATA[Economic development]]></category>
		<category><![CDATA[Haiti]]></category>
		<category><![CDATA[Milton Friedman]]></category>
		<category><![CDATA[South America]]></category>
		<category><![CDATA[Wall Street Journal]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=9032</guid>
		<description><![CDATA[Economic development vs. undevelopment affects lives. The populations of undeveloped countries live close to the subsistence level, often one drought, poor growing season or other exogenous event away from famine. But economic development does more than assure ample food production. It is often the difference between life and death in <a href='http://www.economicnoise.com/2010/03/02/earthquakes-economics-and-friedman/'>[...]</a>]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/03/02/earthquakes-economics-and-friedman/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Wisdom: More Friedman on Healthcare</title>
		<link>http://www.economicnoise.com/2010/02/12/wisdom-more-friedman-on-healthcare/</link>
		<comments>http://www.economicnoise.com/2010/02/12/wisdom-more-friedman-on-healthcare/#comments</comments>
		<pubDate>Fri, 12 Feb 2010 22:59:38 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Today's Wisdom]]></category>
		<category><![CDATA[healthcare]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8812</guid>
		<description><![CDATA[More of Friedman at the Mayo Clinic. While dealing with healthcare, the lessons apply to government in general. [youtube]http://www.youtube.com/watch?v=TdcaLReCG3Y[/youtube] Obamacare on Life Support &#8220;God&#8217;s Work&#8221; Not Immune from Economics Witch Doctor Economics]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/02/12/wisdom-more-friedman-on-healthcare/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Wisdom: Friedman on Socialized Medicine</title>
		<link>http://www.economicnoise.com/2010/02/11/wisdom-friedman-on-socialized-medicine/</link>
		<comments>http://www.economicnoise.com/2010/02/11/wisdom-friedman-on-socialized-medicine/#comments</comments>
		<pubDate>Thu, 11 Feb 2010 16:11:46 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Econ 101]]></category>
		<category><![CDATA[Favorites]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Today's Wisdom]]></category>
		<category><![CDATA[healthcare]]></category>
		<category><![CDATA[Adam Smith]]></category>
		<category><![CDATA[Economic]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Mayo Clinic]]></category>
		<category><![CDATA[Medicine]]></category>
		<category><![CDATA[Milton Friedman]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Social Sciences]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8780</guid>
		<description><![CDATA[Image via Wikipedia Image via Wikipedia Milton Friedman on Socialized Medicine. From a talk given at the Mayo Clinic in 1978. Although over 30 years old and focused on the medical industry, there are lessons here beyond the obvious. The semi-alert and above will recognize the process as a general <a href='http://www.economicnoise.com/2010/02/11/wisdom-friedman-on-socialized-medicine/'>[...]</a>]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/02/11/wisdom-friedman-on-socialized-medicine/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Wisdom &#8211; Friedman on Free Trade</title>
		<link>http://www.economicnoise.com/2010/02/10/wisdom-friedman-on-free-trade/</link>
		<comments>http://www.economicnoise.com/2010/02/10/wisdom-friedman-on-free-trade/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 13:41:26 +0000</pubDate>
		<dc:creator>Monty Pelerin</dc:creator>
				<category><![CDATA[Econ 101]]></category>
		<category><![CDATA[Friedman]]></category>
		<category><![CDATA[Today's Wisdom]]></category>

		<guid isPermaLink="false">http://www.economicnoise.com/?p=8778</guid>
		<description><![CDATA[The irrepressible Milton Friedman speaking about tariffs. Common sense for more than 200 years that periodically needs repeating. As the political class discusses jobs and their creation, watch for free trade to come under attack. Send your representative this short video. [youtube]http://www.youtube.com/watch?v=j0pl_FXt0eM[/youtube]]]></description>
		<wfw:commentRss>http://www.economicnoise.com/2010/02/10/wisdom-friedman-on-free-trade/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
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