I'm glad to see that a few of us at least, are exposing ourselves to different sources of information--in this case economic. That's the point I was trying to make in posting the initial message in this thread.

In my case, I'd like to believe that Friedman's economic theory would continue to work, but given the societal and political changes that have occurred in the country since he first began to espouse his theories the better part of a half century ago, I have my doubts. I'm also not as far to the economic left as Krugman, although I respect his writing.

The choice of an economic theory by voters is little more than a factor in choosing the representatives we send to Washington. In the case of the last decade or a bit more, regardless of what they said, what party the belonged to or what they campaigned on, the majority of our representatives have been closet followers of the Krugman school of economists...much to the detriment of the country. It won't change until we change the system that makes election to Congress so financially attractive to those that choose to be national politicians, Maybe then we could get them back to doing the "business of the people".