Re: Sorry for the rant, but...
@Tim
Oh don't get me wrong I'm a fan of Friedman since first picking up Capitalism and Freedom and agree with him on a range of issues.
But I'm just also a fan of F.A.Hayek and lean more towards his thinking that an expansion of credit (money supply) fuelled by artificially low interest rates leads to mis-allocations of capital, a boom, followed by a bust. 2008 seems to bear that out a little bit more than the Chicago school. Although I admit I'm no expert at all.
Biting the hand that feeds IT
