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Norberg on Friedman on Klein

Started by Will Wilkinson · 1 year ago

Here’s my colleague Johan Norberg setting the record straight on Milton Friedman’s view on the role of crisis in social change.
I always thought Friedman’s view was plainly true. In a complex system with countervailing interest groups, the status quo is generally a kind of relatively stable equilibrium. So more than super-marginal policy change [...] ... Continue reading »

3 comments

  • Swimmy

    1 year ago

    Not only is it plainly true, but it's Friedman's justification for his work. He's saying, "I want to change your mind. I want to do so because, when the time comes, your and everyone else's minds are what's going to change national policy." It's a populist appeal rather than an elitist dictate. As Norberg points out several times in his short-but-sweet paper, Klein's interpretation is demonstrably the exact opposite of what Friedman actually says.
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  • Jeff

    1 year ago

    Naomi Klein is going to be at Busboys and Poets on Thursday. How nice would it be if someone from Cato showed up with copies of Johan's rebuttal report to hand out to the crowd?
    reply
  • John V

    12 months ago

    I read Naomi Klein's book. It's one of the most intellectually bankrupt and comically silly stories I have ever read. It's so weak, so wrong, so stupid and so misleading, I truly find it incredible that it could have been written as a serious book. She has no idea what she is talking about or what she's criticizing.

    It's one thing to draw debatable conclusions from truthful sources, it's quite another to draw preposterous conclusions from totally wrong information. The latter is what Klein did.
    reply

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