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Anderson Herald in Anderson, Indiana

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Newspaper

Anderson Herald

Location

Anderson, Indiana, United States of America

Date

Dec 14, 1976

Page

10

Friedman says full employment is false in Nobel lecture

Nobel economist Milton Friedman warned the volatile economy will either drift to hyperinflation and change or shift to chronic inflation with less government intervention. He argued supply and demand, not government tinkering, should set price relations and warned against price indexing and welfare state policies.

Stockholm Sweden Milton Friedman Friedman Chile

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