Milton Friedman Unraveled

During the economic crisis, the establishment media has blamed all that has happened thus far on the “free market” and the view of it represented by the thought and writings of Milton Friedman. Having read Capitalism and Freedom and Free to Choose, I find him a very good economist — but everyone familiar with Friedman should know that he is no free-market economist in the mold of the Austrians. Here’s Murray Rothbard’s commentary on Friedman and the damage some of his ideas and actions have had.

(Hat-tip to LRC)

Published in

Post a comment