Milton Friedman - Greed

In his book "Capitalism and Freedom" (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.

An excerpt from an interview with Phil Donahue in 1979.

http://en.wikipedia.org/wiki/Milton_Friedman

Category:

News & Politics

Tags:

• economics
• philosophy
• politics
• government
• capitalism
• socialism
• communism
• freedom
• donahue

[jmintube]

Greed = Good ........ya Friedman is sure right about this one...just like his economic policies which put South America in a hell hole...take a look at his policies of "shock therapy"...this guy is a joke.

[jmintube]

take a look at the teaching of Jacques Fresco

[apologyisnothepolicy]

Milton Friedman seems like a really nice guy...for a general in Satan´s army

[Bangell99]

Can anyone recommend a good book or two that effectively counters the best arguments against libertarianism?

[goingalt]

CORRECTION and elaboration: Like the unelected EU commission who have not been elected by the populace at large but by other career politicians.

[goingalt]

Agreed. The problem is, for this gentleman's vision to come true, such a thing must occur. A political class (like the unelected EU commission who have not been elected by their representatives) must come to the fore of society. He may call the opposite of his vision hyperindividualism but outside of voluntary exchange is to argue that some visions are more worthy than others, but who decides what is worthy?

[lolzarfoomeister]

True. But people who know what's best for the rest of us, calling for universal arbitrage and adherence to their absolute morality and such things, are frankly a bit scary.

[goingalt]

Sorry I don't really understand this idea of objective merit. Do you mean to state an individual's personality traits or abilities? Individual talent is not what I mean. The problem I had with mikefavre35 is that he seems to suggest that individualistic goals (with or without talents) should be ignored if it conflicts with his vision (and individual vision which he doesn't define) because he apparently knows best. To do such a thing requires an arbiter of which choices are good and not good.