Tuesday, February 10, 2009

Wise Guy: Milton Friedman

The brilliant American economist Milton Friedman (RIP) could convey profound concepts in a sublimely concise and approachable way. Here are three examples that are most apropos for current events:
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."

"Concentrated power is not rendered harmless by the good intentions of those who create it."

"Underlying most arguments against the free market is a lack of belief in freedom itself."
Very wise guy, that Milton Friedman...

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