The ugly truth about Milton Friedman

by Lyndon H. LaRouche Jr.

Book by LaRouche, Lyndon H

347 pages, Paperback

First published January 1, 1980

About the author

Lyndon Hermyle LaRouche, Jr. (born September 8, 1922) is a controversial American political activist and founder of the LaRouche movement. He has written on economic, scientific, and political topics, as well as on history, philosophy, and psychoanalysis.

LaRouche was a presidential candidate eight times between 1976 to 2004, running once for his own U.S. Labor Party and campaigning seven times for the Democratic Party nomination.

In 1988 he was sentenced 15 years in jail for conspiracy to commit mail fraud and tax code violations, and was released in 1994 on parole.

Reviews

[Ietrio · Rating 1 out of 5]

Such a refreshing read! It's not often that someone gets the chance to read such concentrated stupidity. And, like wine, the text has gotten better with the time. So Milton Friedman talked about the "Great" Depression. And idiots like to mirror a lot. So Larouche himself will talk how the US economy was thrown by Paul Volcker in a "1930s like depression". When and how? Volcker was the main man of the Federal Reserve from 1979 till 1987. Quite a long time. But when your head is in mystical delirium, everything happens NOW. And how? Magic! Black magic. And that is a good reminder, because the Fanny Mae crash also led equally intelligent people to cry "1930s like depression".

And if you are not convinced you need to read this book, turn to the second page. Larouche will tell you how Friedman turned the UK into a pre-industrial country. Which is not only spectacular, but, given the GDP numbers, quite a successful one even by EU standards. And France in all its royal socialist glory, without any input from M. Friedman, competes well only in unemployment.