Thursday, December 3, 2009

Milton Friedman

This morning in my History of Economic Thought class we began learning about Milton Friedman. For any of you who actually know who that is, you might be asking, "In a history class?" He died in 2006, and my professor had begun teaching about him while he was still alive, but he has made tremendous contributions to the world of economic thought.

He taught at the University of Chicago, a very conservative school of thought, and was a great arguer. Somebody once said that everyone loves to argue with Milton, as long as he is not there. Anyway, we watched this clip of him arguing for capitalism and free markets, and I loved it. So I am sharing it with all of you. I doubt many of you get involved with these types of discussions, but just in case anyone begins complaining about greed in capitalism, you now an authoritative source to pull from.

2 comments:

Michelle & Trevor said...

That is so great David!! Thanks for sharing that!

Big Bopper said...

I've been a big fan of Milt Freidman for years and years. He's one of the great thinkers of our time (as opposed to Phil Donahue, who, if ever an actual thought did enter his mind, he shooed it out as quickly as possible). I knew you'd come across him sooner or later. Keep up the good work!