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Milton Friedman or just friedman.

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15y ago

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Who is the economist that believes that governmental control interferes with producer and consumer sovereignty?

I think you are looking for Gordon Freeman.


What economist believes that governmental control inteferes with producer and consumer sovereignty?

Any from the Austrian or Chicago school of thought.


Which economist believe governmental interference has destroyed true consumer sovereignty?

Capitalism and its followers believe the fault lies within the Federal Reserve.


What is consumer sovereignty mean in economics?

I would take it as: consumer is supreme; disclaimer - i am not an economist; only an ordinary layman.


Which economist would say that consumer sovereignty does exist in the American marketplace?

W. Andrew Achenbaum.


Which economist believes that consumer desires are manipulated by slick marketing and that producer sovereignty is in control?

Galbraith.


What economist believes that consumer desires are manipulated by slick marketing and that producer sovereignty is in control?

John Galbraith.


Which economist believes that consumer desires are manipulate by slick mareting and that producer sovereignty is in control?

galbraith novanet


There is consumer sovereignty in a capitalist economy?

yes there is ..... consumer sovereignty is when the consumers are in control of what is produce for example the U.S.


The economist believes that governmental control interfers with producer and consumer sovereignty?

Many economists, especially in the US, would prefer a completely open free market economy, without any government interference in the forms of rules and regulations. However, most people believe there need to be at least some laws in place to prevent things like monopolies or corruption.


Why is consumer sovereignty considered an advantage?

Consumer sovereignty is an advantage because it is the consumers who determine the services and goods produced.


Which economist believes that governmental interference has destoyed true Consumer Sovereignty?

This is the belief of Chicago School economists such as Milton Freedman. The counter argument is that Consumers never had true sovereignty. They are the pawns in the game, not the kings. Without regulations, consumers were sold bread with sawdust in it and milk with water and chalk added. They also were subject to exploding Pintos and cribs that killed babies. According to this counter argument, there is no realistic way for consumers to avoid being ripped off if there is no government regulation.