Thank You, Professor


Milton Freidman believed in liberty. Arguably, he did more in his lifetime to defend and promote free markets than any other single person.

He died today at 94.

I will miss him.

The renowned economist Milton Friedman, who turns 90 on July 31, once gave a talk at a Washington, D.C. conference sponsored by the Drug Policy Foundation. His title: “The Drug War As a Socialist Enterprise.”

Full article.

During the hearings on abolishing the draft, Gen. William Westmoreland challenged Friedman and asked him how he felt about being defended by an army of mercenaries. Friedman’s answer was that he preferred mercenaries to slaves.

Milton Friedman TV interview circa 1960. About 25 minutes. Worth it.

Friedman on Hong Kong and John Cowperthwaite.

Update 7:10PM

I certainly should have included this. Thanks to Marginal Revolution for the reminder:

Even today, chills run down my spine whenever I read the slashing opening to Capitalism and Freedom.

President Kennedy said, “Ask not what your country can do for you – ask what you can do for your country.”… Neither half of that statement expresses a relation between the citizen and his government that is worthy of the ideals of free men in a free society.

Damn right.

And this tribute from Larry Kudlow is absolutely correct.

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