AMA — the Milton Friedman edition

Well, you have to admit that Milton Friedman was the nicest, most gentlemanly economist ever. Even when heckled by his student audience, his smile always accompanied his razor-sharp wit and wisdom. Here’s a sample:

Ask me anything. Maybe I’ll smile. Or maybe not.

8 thoughts on “AMA — the Milton Friedman edition

  1. Can you please give excerpts/examples from Niti Aayog’s India@75 strategy that you did not like? I saw your tweet and it seems you are mighty displeased with the strategy document.
    On a different note, is there a typo in the heading? It should be AMA, instead of AKA.

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      • I saw his lecture on Mathematics vs Ganita where he states important things which aren’t in discussion or discourse even today. No popular scientist or mathematician that I have heard acknowledges what Raju is saying.
        Which makes me wonder if what he is saying is true or not.

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        • Dear Keshav,

          I watched a few minutes of this lengthy lecture out of curiosity, and since it came without the attendant benefit of easy access to the accompanying slides, mostly at random. In all, I watched about 5 minutes of his talk. I think I do get a sense of the level at which he was speaking.

          If you would kind enough to compile a list of the things which he says and which you don’t understand, personally, then I guess I should be able to help. Coming to the truth question, I should also always be able to tell if something is true, to the best of my knowledge, or not. But the “not-known-true-to-me” category could very well include a wide spectrum of things—right from ignorance to the speaker’s glaring (objectively demonstrable) errors. So, there. … Somehow I feel sure that you wouldn’t pursue this project—not immediately, anyway.

          Best,

          Ajit

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  2. Any tips for (literally) surviving in India, esp. in today’s India? Assume that a well-educated engineer (MTech (IIT), PhD (Engg.)) has raised this question.

    Best,

    –Ajit

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