Miltion Friedman Dies

[rgraham666]

Milton Friedman has passed on.

An article about him by one of my favourite business columnists can be found here

Personally, I'm not too sad to see him go. I'm not much of a fan of economic determinism and he, in my opinion, was one of the worst. As bad as Marx.

Still, his effect was great.

 

[Pure]

yes, it was a pretty balanced article; a couple of lines stand out:

Olive said, As an ideology, Friedmanism is widely subscribed to; in practice, it is stillborn. Viable leadership today comes with promises of frugality and doing more with less.

But then, inevitably, come the hiring and acquisition binges, the corporate-welfare handouts and renewed farm subsidies, the extravagant public expenditure.