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November 16, 2006

Milton Friedman - Free Market Iconist

Milton Friedman died today. I've always loved his approach to economics and social responsibility, I'll miss his writings. Friedman is an icon for free market economist. Long an anti Keynesian, Friedman was all about freedom of choice, freedom of markets, letting the pendulum rest where it needs to until the people choose otherwise - without government intervention. I loved his style, his beliefs - one of the greatest pillars of our society. He framed a lot of great minds through Business Schools that eventually went on to run some of the most powerful corporations in the world. He preached to have individual accountability within a compassionate society. Most thought of Friedman as the consummate capitalist where the strongest survive and the weak perish, but he was also known for his negative tax concept where the government would pay people making below a certain floating level of income. Supply and demand to the limits. What a brilliant mind, one of our best.

November 16, 2006 | Permalink


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