Psychology Dictionary of ArgumentsHome
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| Chicago School: The Chicago School of Economics is a neoclassical school of thought that originated at the University of Chicago in the 1930s. It is known for its emphasis on free markets, limited government intervention, and rational expectations. Some of the most prominent Chicago School economists include Milton Friedman, Gary Becker, and George Stigler. See also Milton Friedman, Gary Becker, George Stigler, Neoclassical economics._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Milton Friedman on Chicago School - Dictionary of Arguments
Mause I 107 Chicago School/Friedman: the concepts of the Second Chicago School around Milton Friedman were a reaction to the crisis in the late 1970s. The aim of the relevant policy was to free the markets from the embrace of state regulation. >M. Friedman. VsChicago School: The following three decades showed a mirror-image pattern of the 1960s to 1980s: Precisely because the liberal reforms proved successful at the beginning, deregulation was continued until it finally became apparent that market activity, especially that on the global financial markets, political regulation and control largely escaped. VsFriedman: In the aftermath of the financial and economic crisis ((s) of 2008) there is now a broad consensus that capitalism needs a new embedding or a new politicization, which sometimes even expresses itself quite explicitly in the demand "Back to Bretton Woods". >Interventions, >Interventionism, >Monetarism._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Econ Fried I Milton Friedman The role of monetary policy 1968 Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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> Counter arguments against Friedman
> Counter arguments in relation to Chicago School
