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#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Lex Fridman Podcast

CHAPTER

Challenging Economic Paradigms

This chapter explores groundbreaking economic theories from a prominent economist, focusing on the critical relationship between inflation and unemployment as discussed in the context of the Phillips curve. It highlights predictions about the stagflation of the 1970s and the transformative implications for economic policy and the role of the Federal Reserve.

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