Friday, November 17, 2006

Milton Friedman on The Four Ways to Spend Money

Milton Friedman, may you rest in peace. But may your wisdom live much longer and prosper us all. A sample in its most basic form is found here.

The greatest argument for the free enterprise system here. We cannot have a free society unless such enterprise plays a greater role in our lives. Of course, that requires that our citizenry take more, not less, personal responsibility for ourselves, an anathema to our current cradle to grave nanny state.

If asked to choose between personal freedom and government assistance, Friedman always erred on the side of freedom in all aspects of life. Michael McClellan remembers Friedman well, here.

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