Today’s Daily Wisdom (Capitalist Truths)

Today would have been the 100th birthday of Milton Friedman, the greatest defender and teacher of free-market capitalism of his time and perhaps of all time.  I’m not even going to pull a quote out of this clip from 1979; just watch the whole clip.  It’s a brilliant smack-down of Phil Donahue, and it rings as true today as it did when he said it.

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One comment

  1. […] to tell whether the issue is hypocrisy or simply cognitive dissonance (as Milton Friedman noted in yesterday’s Daily Wisdom, “Of course, none of us are greedy, it’s only the other guy who’s […]

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