Tuesday, July 31, 2012

Economics Tuesday - Milton Friedman's Centennial

Thought you'd get away without an economics post, did ya?

Since today Milton Friedman would have been 100 years old, I'd be remiss in my blogging duties if I didn't run this clip of MF edumacating Phil Donahue in 1979. Also, Ace posted it and Rush ran a bit of it on his show today.

By the look on Phil's phace, he's not getting any of the wisdom coming from Friedman. It appears as though it's going through one ear and exiting the other at a rather rapid pace, possibly creating a slight whistling sound in the process. Phil likes whistling.

Anyway, the whole interview is here. If you'd like to hear what a real economist thinks, you couldn't do any better. There once was a time when we had folks like this who understood the free market and capitalism, and that they're both good things to have. And they actually advised presidents, who actually listened to them.

Today, not so much.

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