Wednesday, March 16, 2011

Milton Friedman: Only Capitalism Improves The Lot Of Ordinary People

"Despite current protestations to the contrary, I continue to hear the current Obama Administration speak of 'fairness', euphemisms for redistribution of wealth, 'equity', social reform, the 'right' to entitlements, and the failure of capitalism. Rather than promote the politics of envy and class conflict, let’s put this hogwash in perspective.

Although dated, this video is very timely and no less important. Friedman’s response to Phil Donahue is perfect!"

Roundabout via Tom

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