John 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…

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 spinal cord. It occurred after he tripped on the Jersey Shore boardwalk. “I was paralyzed from my chest down” he told…

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…

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…

The period of 1925 to 1940 saw the political and economic landscape of the United States broken by the Great Depression. On October 24th, 1929 millions would rush to banks and markets to pull their capital from the impending crash in an event known as Black Thursday. The shockwave caused by this crash launched the Great Depression, a period of history that affected every sector of American life and still influences political policy today. Three main ideas attempt to explain the cause and length…

What was the Great Depression? The Great Depression was the deepest and longest-lasting economic downfall in the history of the western industrialized world. What were 2 long term causes of the great depression? 2 of the long term causes were Industry and Agriculture, railroads lose to trucks, buses, and cars. Coal loses 50% to hydroelectric, natural gas, and oil. Farms over-produced during WW1 to face europe. 40% declined after the war. What year did Hoover get elected, and describe the 3…