Wednesday, January 24, 2007

Milton Friedman Day


“Friedman won the Nobel Prize in 1976 for his technical work in consumption analysis and monetary theory. But his real impact came through his popular writings in books and magazines. The consummate public intellectual -- clear, concise, and congenial -- Friedman taught millions worldwide about the virtues of the free market and individual liberty. When communism fell in the Soviet bloc, a new generation of Friedman-inspired activists and intellectuals were ready to implement his message of less government and more freedom.

As you'll see in the documentary, Friedman was the furthest thing from a stuffy academic. With his impish smile and sparking eyes, he lucidly debunked the once-reigning idea that government regulators know best.

His interests were not narrowly focused on economics. He pointed out the folly of the government's so-called "war on drugs." His ideas helped create the school-voucher movement. And when the Vietnam war raged in the 1960s and early 1970s, no one argued more eloquently for ending the draft, and he helped bring about the all-volunteer army.”

Article

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