Friday, December 28, 2012

Video: Miltion Friedman on the Difference Between Pro Free Enterprise from Pro Business

Associating capitalism or free markets with pro-business agenda remains a popular or common misperception, which the late illustrious Nobel awardee Milton Friedman eloquently refutes in the following video. (hat tip AEI Carpe Diem's Prof Mark Perry)

Aside from the above, Mr. Friedman makes an important point in dealing with social problems which plagues mainstream thinking
(3:38) we must separate diagnosis of problems from cure…

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