Map of Hunawihr on On October 19, 1987, which came to be known as Black Monday, the stock market took a nosedive. It was a signal for greater economic woes ahead. Even though Bush won the 1988 election, the stage was set for a Democratic election in 1992. Friedman contended that Reagan’s worst mistake was choosing Bush as his running mate in 1980. Friedman also maintained that the reason Reaganomics did not totally achieve its goals was that Reagan never went far enough in implementing deregulation. Not everyone accepts the theories of the Chicago School of economics. Paul SAMUELSON, a Chicago graduate and a classmate of Friedman’s argued that the Chicago theories they studied had already failed. Map of Hunawihr 2016.
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