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2024-09-05 14:31:01 UTC

npub1xn…43qnl on Nostr: Interesting story here 2 hours in about Milton Friedman changing his mind about ...

Interesting story here 2 hours in about Milton Friedman changing his mind about Government’s role in money after reading more about Scottish free banking:
https://youtu.be/K8r5c2prWew

He argues in favour of Government control of money in his famous work ‘Capitalism and Freedom’.

Lawrence White says this is the paper Friedman wrote with Anna Schwartz after he changed his mind:
'Has Government Any Role in Money?' by Milton Friedman and Anna Schwartz (PDF)
https://core.ac.uk/download/pdf/6900301.pdf