Friday, August 28, 2009

Greed - Milton Friedman


This is an old clip but the message is SO good I wanted to share it.  Milton Friedman appears here as a guest on the old Phil Donahue show.  Millton Friedman died in 2006 as is best known as an American economist, statistician and recipient of the Nobel Memorial Prize in Economics.  He is best known among scholars is for this theoretical research focusing mainly on consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy.
So many people are critical these days of capitalism and are seeming to press for a society in America that would lean more toward socialism and even some are far as communism.  This is a great piece and it should make you re-think some of the rhetoric that is blowing around in our news media and culture today.

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