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Lex Fridman Podcast

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

8669.061 - 8688.271 Jennifer Burns

He's in communication with his old mentor, Arthur Burns, who's now the chair of the Federal Reserve. And Burns is basically doing everything wrong in monetary policy. And I describe this in the book in some detail, these anguished letters back and forth. And basically, as I see it, Burns doesn't have a solid theory of inflation.

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