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Iconic Republican economist Milton Friedman
When we last checked in with Maine Gov. Paul LePage (R), we heard him arguing IRS officials are comparable to Nazis, in part because both are responsible for "killing a lot of people."
This week, the news isn't quite as jaw-dropping, but it's nevertheless interesting that LePage yesterday proclaimed "Milton Friedman Day" in the great state of Maine. From the governor's press release:
Maine's educational goals align with Friedman's vision: all children should have the right to the highest-quality schools possible. Research suggests that providing children with multiple schooling options improves academic performance. [...]
"We are striving to put students first and help them gain access to the best educational opportunities possible," Gov. LePage said. "Today's commemoration is a reminder of one more strong voice in support of solutions that support families and students when it comes to education."
Now, at a surface level, there's just something amusing about an often-clownish governor celebrating "Milton Friedman Day" because he'd like to privatize public schools. In fact, when I first heard about LePage's Friedman proclamation, my first instinct was to chuckle and move on.
But upon further reflection, I think there's a larger significance to this. Is the right sure it still likes Milton Friedman?
Remember, as the Republican Party has moved even further to the far right, ideas, principles, and even individuals who used to be celebrated by the GOP mainstream fell out of favor. Friedman, for example, believed in economic stimulus through monetary policy -- a policy today's Republican Party considers ridiculous and counterproductive.
Tim Noah also noted yesterday that Friedman "thought imaginatively about how the non-rich could pay for college education" and "came up with the idea for direct government loans to students at subsidized rates." In 2012, however, Mitt Romney and most congressional Republicans perceive direct government loans as a big-government mistake. (If the non-rich students can't afford higher-ed tuition, they should have been born into wealthier families.)
The larger point is that the GOP vision has changed. Just as today's Republicans have no use for the Reagan legacy, part of me wonders just how much of Friedman's arguments they'd find offensive by 2012 standards.





"We're all Keynesians now." - Milton Friedman
If only.
What a second. Wasn't the Nazis fascist? Didn't Milton Friedman develop the economic ideas of the fascist dictator Augusto Pinochet? What was the good Governor saying about the IRS again?
Didn't Friedman also float the idea of a guaranteed annual income? Pretty good idea.
Both Friedman and Hayek supported a guaranteed basic income. Wikipedia has this one right: http://en.wikipedia.org/wiki/Basic_income_guarantee#Advocates
go ahead you Middleclass that live the Republicans Romney wants to increase your taxes to give to his wealthy friemds and if you elect him I hope he does .
Is the right sure it still likes Milton Friedman?
Of course they are! Facts are never an impediment to belief or opinion once they have been told what to believe.
If this is the same Milton Friedman of the Chicago School, you might want to rethink that. Friedman is the guy that implemented much of the destruction of Latin America via policies that were implemented by government dictators like Pinochet. It was known as "shock & awe" and it's part of the reason that enabled people like Chavez came to power.
The fact that the idiot governor in Maine wants to "celebrate" this guy should be cause for alarm and proof of his incompetence to hold office.
Golly and I was just getting over their admiration of Ayn Rand.
Milton Friedman's idea of a guaranteed annual income became the earned income tax credit under the Reagan administration.
Here's Milton Friedman talking about the earned income tax credit:
http://www.youtube.com/watch?v=q3d7YKAeLWc
Friedman was also a fan of tort law as a means of allocating costs, something else modern Republicans don't think much of.