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...Recommended reading I thought Thomas Friedman made a good case for a new “Biden Doctrine” in the Middle East. I just finished reading Hanya Yanagihara’s To Paradise, which is a true masterpiece....
...Their policies were built upon the ideas of economists like Milton Friedman, who famously wrote that there was, "one and only one social responsibility of business....
...Then there were TV shows such as General Electric Theater, presented by one Ronald Reagan....
...Former Republican presidents Ronald Reagan and both Bushes were “conservative”, while their Democrat peers Bill Clinton and Barack Obama were “liberals”....
...Ronald Reagan In the summer of 1983, Ronald Reagan was under heavy pressure to replace Volcker at the helm of the Fed....
...If Ronald Reagan were with us today, I don’t think he would be the 1980s Ronald Reagan. If Friedman and Hayek were with us today, they might have a different view. Context shifts....
...He describes Thomas Friedman’s book The Lexus and the Olive Tree, which extolled the triumph of 1990s US-led globalisation, as “Das Kapital for Smart America”, in much the same way as Ayn Rand’s Atlas Shrugged...
...The success of President Ronald Reagan’s tax cuts gave rise to the ascendancy of Friedman in modern economic theory, but the reason for the success is often overlooked....
...He advised president George W Bush and was a highly respected champion of the type of free-market ideas espoused by Ronald Reagan and Margaret Thatcher....
...That belief made him ambivalent towards Margaret Thatcher and Ronald Reagan....
...He is also working with financiers such as Sir Ronald Cohen, the luminary of British venture capital, to develop and test a new system of so-called “impact-weighted” corporate accounting to embody ESG in...
...These leaders have buried Ronald Reagan and Margaret Thatcher. Coronavirus has also now caused a still more dramatic return of government than the financial crisis....
...He was uncomfortable with the fiscal and financial policies of Ronald Reagan’s administration. He was duly replaced in 1987 by Alan Greenspan, far more in tune with the administration’s ideology....
...In politics, Ronald Reagan and Margaret Thatcher used advice from Friedman to launch radical free-market policies....
...Nothing will stop him from cutting the state, “privatising everything” and deregulating, he says, name-checking Margaret Thatcher, Ronald Reagan and the “wonderful transformation” which Friedman’s “Chicago...
...It is really an account of how a group of rightwing economists persuaded policymakers, particularly in the governments of Thatcher in the UK and Ronald Reagan in the US, to adopt their ideas....
...Prof Mayer’s main target is Milton Friedman’s argument that the purpose of companies is only to make profits, subject to law and (minimal) regulation....
...The difference between now and those revolutionary years of Ronald Reagan and Margaret Thatcher, when the book was written, is that most of today’s potential leaders are viewed as defenders of the status...
...When President Ronald Reagan and Prime Minister Margaret Thatcher advocated an increase in the role of markets at the expense of government, they were not thinking of a Hobbesian world with a fixed degree...
...He was disappointed that two politicians inspired by him, Margaret Thatcher and Ronald Reagan, didn’t go much farther in moving their countries towards a truly privatised society....
...In considered, often enlightening, prose, they delve into John Rawls, Ronald Dworkin and Amartya Sen....
...“Ronald Reagan had Nancy who was a force to be reckoned with in the White House. I see Ivanka and Kushner watching his back.”...
...Influenced by the work of the monetarist economist Milton Friedman, Volcker switched tack by targeting the amount of money in the system and letting the market set interest rates in response....
...But not on Charlie Rose. ——————————————- vanessa.friedman@ft.com @VVFriedman More columns at ft.com/friedman...
...“We should take it as a providential sign that today would be the 100th birthday of Milton Friedman,” Mr Cruz said....
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