Is it now clear that Milton Friedman was the dumbest SOB

[FKA MNChimpH8R]

ever to win a Nobel prize? Friedmanism in practice has damn near destroyed the entire world economy.

[Orrex]

1. Friedmanism has failed because there's too still much regulation

:evilgrin:

[JDPriestly]

3. Very funny! "still too much regulation."

I'm sure we will hear that from some quarters. It's like the anorexic who on her dying day still thinks she is too fat, still thinks she is eating too much.

[tabatha]

4. you're joking of course

[Orrex]

6. Hell yes I'm joking!

I wasn't sure whether to go with :evilgrin: or :puke:

[Warpy]

7. "Milton Friedman's misfortune

is that his economic policies have been tried."--J. K. Galbraith

[BrklynLiberal]

8. prez shit-for-brains was still spewing that crap at the meeting in Peru.

[Skink]

2. Dumb but effective.

[JDPriestly]

5. If you are one of the lucky top few who exit the Ponzi scheme while

they still have their loot.

[Tandalayo_Scheisskopf]

9. I saw a documentary...

About some english guy who translated the Bible from latin to english and read it to the populace. 40 years after his death, the church dug up his bones, burned them and threw his ashes into a river.

Friedman deserves at least that.

[FKA MNChimpH8R]

11. I like that idea.

Symbolism is powerful. Sorta like what the Russians did with Mister Hilter (gratuitous Python reference).

[tularetom]

10. Don't trust anybody named Friedman

Milton, Tom or Kinky.

[defendandprotect]

12. Friedman wasn't dumb ...he was a corrupt r-w propagandist --- and good at it--!!

[The Traveler]

13. You are confused

You confuse stupidity with evil. He wasn't stupid. :)

Trav

[OswegoAtheist]

14. Nope.

Philipp Lenard was awarded the Nobel Prize In Physics in 1905 for his research on cathode rays and the discovery of many of their properties. An advisor to Adolf Hitler, Lenard became "Chief of Aryan Physics" under the Nazis. He propounded the idea that there is a race element in science (i.e.,'English Science', 'German Science', 'Jewish Science'), and referred to Albert Einstein's theory of relativity as a "Jewish fraud". Johannes Stark, who won the Physics Nobel in 1919, also participated in the racially-motivated rejection of the "Jewish ideas" of Einstein and the non-Jewish Werner Heisenberg.

and of course...

The United States Secretary of State Henry A. Kissinger received the Nobel Peace Prize in 1973 for his work on the Vietnam Peace Accords, despite having instituted the secret 1969–1975 campaign of bombing against infiltraiting NVA in Cambodia, the alleged U.S. involvement in Operation Condor—a mid-1970s campaign of kidnapping and murder coordinated among the intelligence and security services of Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay—as well as the death of French nationals under the Chilean junta. He also supported the Turkish invasion in Cyprus resulting in approximately 1/3 of the island being occupied by foreign troops since 1974.

Oswego "It's from Wikipedia. Google it yourself." Atheist

[ljm2002]

15. Let us not forget...

...from the Wikipedia's entry on "Lobotomy" at http://en.wikipedia.org/wiki/Lobotomy :

"<...> in 1935, Portuguese physician and neurologist António Egas Moniz pioneered a surgery he called prefrontal leucotomy. The procedure involved drilling holes in the patient's head and destroying tissue in the frontal lobes by injecting alcohol. He later changed technique, using a surgical instrument called a leucotome that cut brain tissue by rotating a retractable wire loop (a quite different cutting instrument also used for lobotomies shares the same name).<4> Moniz was given the Nobel Prize for medicine in 1949 for this work."

[izquierdista]

16. Like giving the Nobel Prize in biology to Lysenko

I would say the world economy is resilient though. Once countries throw off Friedmanism, their economies eventually recover.

[LeftishBrit]

17. I think even his Nobel Prize loses to Kissinger's in the stupidity stakes

But I agree he messed up the world pretty badly. Or rather those did, who took him seriously, instead of seeing him as an out-of-touch theorist, if not a frank lunatic.

[rch35]

18. to be fair, friedmanism is practiced here like marxism was practiced in the ussr

by which i mean that its extremely warped and nothing like the theory