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| Milton Friedman’s Guitar String Boom-Bust Cycle Theory |
| Frank Shostak |
| In an attempt to explain business cycles, Milton Friedman came up with a plucked-string analogy. Like all Monetarist theories, however, this also had fatal flaws. |
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| One of These Things Is Absolutely Not Like the Others |
| George Ford Smith |
| While people might speak of the “business of government,” there really is no way to compare the two. Business is voluntary; government is coercive. |
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