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.
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"._____________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 [Author1]Vs[Author2] or [Author]Vs[term] is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.
Econ Fried I
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