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Milton Friedman was a paid real estate lobbyist/PR hack

By weevieL   2012 Nov 17, 2:24pm   1 link   853 views   1 comment   watch (1)   quote

"...One episode in Milton Friedman’s career not celebrated (or even acknowledged) at last week’s centennial took place in 1946, the same year Friedman began peddling his pro-business “free market economics” ideology.

According to Congressional hearings on illegal lobbying activities '46 was the year that Milton Friedman and his U Chicago cohort George Stigler arranged an under-the-table deal with a Washington lobbying executive to pump out covert propaganda for the national real estate lobby in exchange for a hefty payout, the terms of which were never meant to be released to the public.

The arrangement between Friedman and Stigler with the Washington real estate lobbyist was finally revealed during he Buchanan Committee hearings on illegal lobbying activities in 1950. But then it was almost entirely forgotten, including apparently by those celebrating the “Milton Friedman Centennial” last week in Chicago. ..."


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1   taxee     2012 Nov 18, 1:01am  ↑ like   ↓ dislike   quote    

'Brotherhood of the Bell' is a chilling 'story' worth a watch:

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