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“A society that puts equality… ahead of freedom will end up with neither.” ...


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Sounds good. Too bad he was just another typical snowflake conservative so fearful of anything close to economic equality. He lied about it ad nauseum, but never could completely backtrack on his support of the dictatorship of Pinochet in Chile. At least it helped him win a Nobel prize. His biggest influence on modern US economy is by practicing what US economists even more blatantly attempt today: to completely ignore built-in, structural, systemic problems of "free-market" capitalism and just

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On 2/24/2020 at 1:54 PM, TheWorldNewsOrg said:

"A society that puts equality... ahead of freedom will end up with neither." --Milton Friedman

Sounds good. Too bad he was just another typical snowflake conservative so fearful of anything close to economic equality. He lied about it ad nauseum, but never could completely backtrack on his support of the dictatorship of Pinochet in Chile. At least it helped him win a Nobel prize. His biggest influence on modern US economy is by practicing what US economists even more blatantly attempt today: to completely ignore built-in, structural, systemic problems of "free-market" capitalism and just treat them as anomalies that didn't really happen. Just like in Chile, he was fearful of what freedom would mean, and in some ways fearful of the very "free-market" capitalism he pretended to represent.

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      Hello guest! Please register or sign in (it's free) to view the hidden content. Look for the funny paragraph in here.
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