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Wednesday, November 28, 2012

Blog Prompt #2

Since you're going to "become" your thinker for the Salon, you need to be very familiar with their biography.  Please reply to this post with an interesting fact about your thinker's life.

Due: By the beginning of class  Thursday, November 29.

7 comments:

  1. One interesting fact about Milton Friedman was that he was an economic advisor to both Presidents Nixon and Reagan.

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  2. Milton Friedman traveled to Chile and gave lectures on economics during the dictatorship of Augusto Pinochet in 1975. He talked about open market policies and didn't support the military regime. His lectures improved the economic well-being of Chile and contributed to the installation of a Democracy in 1990 in Chile.

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  3. Milton Friedman grew up in a relatively poor family with three sisters. He would later say that while both his parents were small businesspeople, they never made an income that would be recognized today as above the poverty level. Friedman's parents never went to college, but suggested him to do so. In fact he was the only one of the four children in the family to go to college. Sadly his father was never able to see his son go to college because he died before Friedman graduated highschool. Milton Friedman attended Rutgers University, for which he admits that the state of New Jersey provided him with a scholarship. While this may seem inconsistent with his views on the role of government, Friedman does offer the problems that have arisen with New Jersey's expansion of these policies. For which he argues that the eligibility for scholarships has changed to where poorer students are only helped if they show a failing academic record. Friedman points out that New Jersey's modern scholarship program hurts poorer students with higher academic abilities while rewarding students for failure and perpuating the state of victimhood that has grown in modern day society.

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  4. An interesting fact about Milton Friedman is that he believed that if you free the markets than the government will fall. Another thing he believed that when making policies, we shouldn't base them off of the result, rather the intentions.

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  5. Both of Friedman's parents were Jewish but he rejected religion and identified as agnostic.

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  6. He won the Noble Memorial Prize for economics

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  7. Milton Friedman

    -Recieved the 1976 Nobel Memorial Prize for economic science
    -Was a senior research fellow at the Hoover Institution from 1977 to 2006.
    -Taught at the University of Chicago from 1946 to 1976
    -Was the Paul Snowden Russell Distinguished Service Professor Emeritus of Economics at the University of Chicago
    -Was a member of the research staff of the National Bureau of Economic Research from 1937 to 1981

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