great thinkers, great ideas

Keynes and Friedman 231 it became more profitable for businessmen to invest. Also, the government could increase the money suppl ...

the basis of Milton Friedman’s economic philosophy is his faith in the free-market system. To him, when government power in econ ...

Keynes and Friedman 233 support a free market and to mediate differences between indi­ viduals, thus preventing the coercion of ...

234 Economic Theory: An Introduction ties for investment that had previously existed in countries like the United States were ev ...

Keynes and Friedman 235 reality they are enacted to serve the interests of the members of the occupational group seeking to pres ...

236 Economic Theory: An Introduction of tax avoidance than paying one’s fair share. To attempt to take from some to redistribute ...

CHAPTER 26 Parkinson, Webbs, Von Mises and Hobson: Insights into Economic Theories There are several other economic philosophers ...

238 Economic Theory: An Introduction frame imposed on those in attendance, the agenda will be covered close to the schedule. If ...

Parkinson, Webbs, Von Mises and Hobson 239 income.” Governments have limitless public revenues, there­ fore expenditures rise et ...

240 Economic Theory: An Introduction nities structured according to some behavioralist plan. The Webbs made the case that a soci ...

Parkinson, Webbs, Von Mises and Hobson 241 by Sidney in collaboration with G. B. Shaw. The British Labor party was founded, in l ...

242 Economic Theory: An Introduction There is no such thing as a social collective, there are simply individual members acting. ...

Parkinson, Webbs, Von Mises and Hobson 243 best and the most moral system is the free market economy; human nature not only requ ...

244 Economic Theory: An Introduction theory to heart. Imperialism, its causes and the conflicts that result, became part of the ...

EPILOGUE ...

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EPILOGUE: Application of Ideas to the Modern World During the previous twenty-six chapters we have attempted to present the basi ...

248 Epilogue only to ourselves, but to others. We have spent considerable time in the study of right and wrong—morality. If we d ...

Epilogue 249 between good and evil are usually no great problem. Most people have little trouble with the question, “Should I ro ...

250 Epilogue punishment— did that parent fail to consider that many children had been brutally murdered in the past? Would they ...