There is so much to say about the economics that brought down the American dreams of equal opportunity and drove so much misery into the American empire’s neo-colonial client states that one scarcely knows where to begin. Perhaps this snippet from the Guardian says enough.
As the flipside to his belief in the central role of markets, Mr Friedman, who won the Nobel prize in 1976, thought the role of government should be as limited as possible.
That view made him highly popular with free market devotees such as Margaret Thatcher and Chile’s Augusto Pinochet, who relied on his advice as they put his ideas into practice.
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