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Lex Fridman Podcast

#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

5038.915 - 5058.746 Jennifer Burns

When it's happening wrong, Friedman argues, it can just fundamentally destabilize everything. It can cause the Great Depression. It can cause an artificial boom. And so he's taking monetary policy at a time when most economists think it's completely irrelevant and saying this is the central game of the economy. Now, we live in a world where we believe this.

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