Milton Friedman

by Frank Paynter on November 16, 2006

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.

{ 1 comment… read it below or add one }

Jon Husband 11.18.06 at 11:10

I understand why his views were and are so lauded and used by the plutocracy-bound crowd … they were able to then get into the positions of power that allowed them to rig the “free” markets to operate to theirs and their supporters advantages.

Duly noted that this alternative (yet mild-ish) perspective comes from a non-USian newspaper. They let those subversives run free over there. Such points of view really should be better controlled by the editors.

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