Index Investing News
Thursday, January 29, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

The Remoted Milton Friedman – Econlib

by Index Investing News
September 4, 2024
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


I used to be checking a reference in a guide for one thing I’m writing. The guide is Michael Hirsh, Capital Offense: How America’s Smart Males Turned America’s Future Over to Wall Avenue, 2010. There are numerous passages about Milton Friedman, and the writer had interviewed Milton years earlier.

That is one passage I discovered hanging:

For many of these years of the Chilly Conflict, he remained the chief of a maverick insurgency, remoted and condemned even on the Chicago campus because the Sixties counterculture grew. There have been instances when nobody would eat with him within the school eating room. On the campus bookstore Friedman’s works have been on a backside shelf, far out of view of the Marx and Lenin posters on the partitions. When he gave talks at different schools, he would generally go in by way of the kitchen, the higher to keep away from protesters. Even to some who admired him, he was one thing of an oddity. “I needed to see for myself what that black magician from the Center West was like,” one Harvard graduate introduced to him upon arriving in Chicago. It was a lonely time. Chicago graduate college students couldn’t even get positioned, besides at lesser faculties. “We have been on the outs, the East Coast and West Coast principally had no use for them,” mentioned Gary Becker. “Columbia was the exception; they have been broadminded about it. However Harvard, MIT, Stanford, Berkeley, Yale, they have been hostile to all a majority of these concepts. We have been thought of extremists.” (italics added)

The lengthy years within the ideological wilderness took their toll. Friedman by no means forgot the snubs. “You don’t have any concept of the local weather of opinion in 1945 to 1960 or 1970,” he later advised writer Alan Ebenstein.

This jogs my memory of a narrative a few September 1968 assembly with two mates who had visited Milton and Rose in August. I wrote concerning the assembly in my guide The Pleasure of Freedom: An Economist’s Odyssey, however didn’t inform this story. These two mates, Michael Prime and my mentor to be, Clancy Smith, together with two others, drove to Capitaf, Milton and Rose’s summer time house in Vermont. Milton and Rose welcomed them warmly. The 4 younger folks began enjoying what I name “Ain’t it terrible,” speaking about present authorities insurance policies and the way dangerous they have been getting. However I nonetheless bear in mind Milton’s reply that my two mates reported: “You need to have been round within the late Nineteen Forties. Totalitarian pondering was dominant in academia.”

By the way in which, I do suppose there was an issue with dates within the quote from the guide. I don’t doubt that Milton mentioned it, however my impression is that Milton was means much less remoted in 1970 than in 1960.

 

 



Source link

Tags: EconlibFriedmanIsolatedMilton
ShareTweetShareShare
Previous Post

Encourage Medical inventory positive factors on GLP-1 prospects (NYSE:INSP)

Next Post

Cramer names Microsoft (MSFT) as No. 1 underappreciated megacap to purchase

Related Posts

Transcript: Zach Buchwald, Russell Investments CEO and Chairman 

Transcript: Zach Buchwald, Russell Investments CEO and Chairman 

by Index Investing News
January 27, 2026
0

https://www.youtube.com/watch?v=WTUt5kpKgFwhttps://www.youtube.com/watch?v=WTUt5kpKgFw     The transcript from this week’s MiB: Zach Buchwald, Russell Investments CEO and Chairman, is below. You can...

The Deportation Labor Shock – Econlib

The Deportation Labor Shock – Econlib

by Index Investing News
January 23, 2026
0

Mass deportation is often framed as a pro‑worker policy. Remove unauthorized immigrants, the argument goes, and native wages will rise...

10 MLK Day Reads – The Big Picture

10 MLK Day Reads – The Big Picture

by Index Investing News
January 19, 2026
0

My (somewhat relevant?) Martin Luther King Day reads: • New High of 45% in U.S. Identify as Political Independents: More...

AI and the Art of Judgment

AI and the Art of Judgment

by Index Investing News
January 15, 2026
0

A New York magazine article titled “Everyone Is Cheating Their Way Through College” made the rounds in mid-2025. I think...

MiB: Ben Hunt, co-founder Perscient

MiB: Ben Hunt, co-founder Perscient

by Index Investing News
January 11, 2026
0

     This week, I speak with Ben Hunt is president and co-founder of Perscient, an AI research firm...

Next Post
Cramer names Microsoft (MSFT) as No. 1 underappreciated megacap to purchase

Cramer names Microsoft (MSFT) as No. 1 underappreciated megacap to purchase

Why Harris is splitting with (a few of) Biden’s capital positive factors plans

Why Harris is splitting with (a few of) Biden’s capital positive factors plans

RECOMMENDED

School targeted in Uganda massacre was built with help from Canadian non-profit

School targeted in Uganda massacre was built with help from Canadian non-profit

June 19, 2023
Expansion set for old Hollywood studio amid surging demand for L.A. soundstages

Expansion set for old Hollywood studio amid surging demand for L.A. soundstages

October 22, 2022
Petrol-Diesel Prices Today, January 2: Check latest fuel rates in Delhi, Bengaluru, Mumbai, Chennai, Noida, Chandigarh, and other cities

Petrol-Diesel Prices Today, January 2: Check latest fuel rates in Delhi, Bengaluru, Mumbai, Chennai, Noida, Chandigarh, and other cities

January 2, 2023
Narendra Modi seeks to bolster ties with US by way of commerce and vitality offers

Narendra Modi seeks to bolster ties with US by way of commerce and vitality offers

February 13, 2025
We are Austin-bound June 12th

We are Austin-bound June 12th

June 2, 2023
Trailer for Short Fan-Film ‘The Spider’ – A Horror Take on Spider-Man

Trailer for Short Fan-Film ‘The Spider’ – A Horror Take on Spider-Man

March 16, 2024
US auto labor talks intensify near strike deadline By Reuters

US auto labor talks intensify near strike deadline By Reuters

September 12, 2023
U.S. lawmakers slam Wall Street bankers’ plan to attend Hong Kong summit By Reuters

U.S. lawmakers slam Wall Street bankers’ plan to attend Hong Kong summit By Reuters

October 27, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In