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The Friedman process goes like this:

1. Take a massively complex, world-historical economic process.

2. Ignore it.

3. Write a story about a shoe factory in Bangalore that massively oversimplifies, but overturns conventional thinking on, #1.

4. Profit!



Overturned conventional thinking? Friedman?

Maybe his conclusions seem unconventional (or at least, mildly inhuman) because Friedman always oversimplifies with the view from the boardroom. Never the street. Otherwise your formula could well apply to Chomsky or Taibbi, on their worst days.




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