Bruce Jay Friedman

Reading Two: Why the Fed Is Watching China Closely Quantitative Easing (QE) is an unusual form of monetary policy where a Central Bank –in this case, the Federal Reserve – electronically creates new money, increasing money supply to enable purchasing of financial assets, such as government bonds, government securities and other securities. (“What is quantitative easing?”, 2015) When short-term interest rates are near or approaching zero, this process is used to increase the private sectors’…

Capitalism and Freedom Review Milton Friedman is one of the most influential economists in this country’s history. The two main economical ideologies nowadays are traditional and progressive, with the first being a conservative way of thinking and the second being much more liberal. I would say that the bulk of this book takes a more traditional approach to most of the debated issues. Capitalism and Freedom, one of Friedman’s most popular works, was written in 1962 and is still a standard…

Effects of Prayer The power of prayer is a common belief that many Americans possess, especially when they are Roman Catholics. So, it might not be a surprise if someone says that they believe in the power of prayer. When that person is a Roman Catholic Priest, it is even less of a surprise. Father John Murray not only believes in the power of prayer but says he can prove that prayer can heal. In the year 2010, Father John Murray had a bone chip from his neck and it sliced down into his…

Friedman vs. Keynes Everybody knows that economics is simply defined as the study and understanding of the economy, including the system of government, the people, and anything else that deals with money and all financial matters. When people discuss economics, some of them prefer to split it into two separate branches which are microeconomics and macroeconomics. Microeconomics is the branch that reviews the market’s act specifically for individuals hoping to understand how they make decision…

social networking, Gmail, blogger getting a job in this company; people might think you need a higher lever degree or good GPA. Well after reading this article it pointed out that a high GPA or scores are worthless as a criteria hiring. Thomas L. Friedman, interviewed Laszlo Bock, the senior vice president of people operations for Google he does the hiring process. In interview he mentioned that Google has five hiring attributes and they are very strike with those rules. This article was…

Markets Soar as Japan Starts Up Rotors for Helicopter Money Following Bernanke Visit Markets Soar as Japan Starts Up Rotors for Helicopter Money Following Bernanke Visit Despite worrisome economic indicators, markets recently soared to all-time highs based on speculation that Japan plans to inject helicopter money into its economy to combat the country 's deflation. This best-guess prognostication was fueled by former Federal Reserve chairman Ben Bernake 's dramatic visit to meet with Japanese…

Planning theory developed from a range of disciplines. It borrows ideas from economics, sociology, political science, psychology and geography. From these disciplines, planning has adopted ideas which are applied to the planning process to arrive at normative prescriptions of how planning is to be done. According to Alexander, planning practice needs a theory of what planning is or should be, and theory provides scientific explanation and description of facts. Planning used to be viewed as an…

UChicago’s renowned economics program is celebrated historically for housing Milton Friedman and Gary Becker amongst other laureates of the School of Economics. This acclaimed roster, featuring Steven Levitt of Freakonomics, offers a level of rigor that cannot be found at other peer institutions. What differentiates UChicago from other institutions, however, is the accessibility of recognized economists. The Friedman Forum, a series of informal economic discussions, fulfills my desire for a…

The question of the relationship between privacy, security and individual freedom is one the oldest, and almost most continually controversial topics of contemporary discussion. Technology has now progressed to a such a degree whereby it is technically possible to gain access to almost all of a person 's personal information and to monitor almost their every move. The idea of national and personal security is often used as a justification for such monitoring as and when it occurs, even if such…

The first video is about Population and Ecology by Milton Friedman. The video was from 1977 Q and A session where Professor Friedman talked about environmental. The first question to Friedman was: In light of the pressures from the ecology and population, how should this alter the economic policies of our country? Dr. Friedman begins his interview by saying that there are many problems, but no problem of population is there. In fact USA is under-populated country. It is not even…