If Keynes was Luther, Friedman was Ignatius of Loyola, founder of the Jesuits. And like the Jesuits, Friedman's followers have acted as a sort of disciplined army of the faithful, spearheading a broad, but incomplete, rollback of Keynesian heresy. By the century's end, classical economics had regained much though by no means all of its former dominion, and Friedman deserves much of the credit.
Paul KrugmanRelated topics
army broad classical credit dominion economics end faithful former founder heresy incomplete sort means keynes keynesian loyola luther followers friedman rollback ignatiusRelated quotes
A tax cut means higher family income and higher business profits and a balanced federal budget.... As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
John F. Kennedy
A partial Jewish State is not the end, but only the beginning. ... I am certain that we well not be prevented from settling in the other parts of the country, either by mutual agreements with our Arab neighbors or by some other means... [If the Arabs refuse] we shall have to speak to them in another language. But we shall only have another language if we have a state.
David Ben-Gurion
Among the basic freedoms to which men aspire that their lives might be full and uncramped, freedom from fear stands out as both a means and an end. A people who would build a nation in which strong, democratic institutions are firmly established as a guarantee against state-induced power must first learn to liberate their own minds from apathy and fear.
Aung San Suu Kyi
Why I should be in Romania in the name of unknown to me goal. There was a time when I led soldiers to battle, thinking I was doing my duty as a Russian patriot. However, I understood that we have been cheated, that people needed peace. The old army and Soviet Union are not compatible, therefore, my military career had to end. With no remorse, I could go back to my favorite occupation, working in the field.
Aleksandr Vasilevsky
There is an international disease which feeds on the notion that if you have a cause to defend, you can use any means to further your cause, since the end justifies the means. As an international community, we must oppose this notion, whether it be in Canada, in the United States, or anywhere else. No cause justifies violence as long as the system provides for change by peaceful means.
Richard Nixon
