Milton Friedman’s Magical Thinking

Rodrik, Dani. Next year will mark the 100th anniversary of Milton Friedman’s birth. Friedman was one of the twentieth century’s leading economists, a Nobel Prize winner who made notable contributions to monetary policy and consumption theory. But he will be remembered primarily as the visionary who provided the intellectual firepower for free-market enthusiasts during the […]

From crisis to constitution

Gylfason, Thorvaldur. As economic protests continue throughout Europe, many wonder whether such efforts will be in vain. This column explores what happened in Iceland, where a “pots-and-pans” revolution in response to the devastating financial crisis gave rise to a new constitution. Πηγή: Voxeu πλήρες κείμενο