4 ms·
The origin of the phrase "helicopter money" was from Milton Friedman, when he described the lunacy of the concept. Ironic it's used seriously today.
by um_ya 7y ago
The origin of the phrase "helicopter money" was from Milton Friedman, when he described the lunacy of the concept. Ironic it's used seriously today.
- JMTQp8lwXL 7y agoMuch has changed since Friedman was in vogue. The application of such economic theories has left a solid portion of Americans in the dust. Fully free markets are a great idea when houses cost 2x median annual income, a single family income can support a spouse and ~2 children, etc.