Monday, December 5, 2011

Milton Monday #1: Greed

I'm going to start a new feature on my blog I'm going to call "Milton Mondays". Milton Friedman was one of the most influential and articulate free market, capitalalist thinkers of our time. He was an economics professor at the University of Chicago and an advisor to President Reagan. Unfortunately, he passed away in 2006. Amongst other things, he had a knack for debunking some of mythical flaws many people point out in a free market system. In other words, he demonstrates how most of the time, government is the problem, not the solution. There are many video clips of Dr. Friedman out there that I'd like to share, and this one is one of my favorites:

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