Monday, March 14, 2011

Milton Friedman on Greed

Milton Friedman was an American economist who became an icon of the conservative movement and he was interviewed in 1979 on a chat show presented by Phil Donohue.

Friedman's research focused on monetary impact in the economy and he was generally regarded as a crackpot until the emergence of Ronald Reagan and Margaret Thatcher.

He was more of a libertarian than a conservative.

I admired both the liberal John Kenneth Galbraith and Milton Friedman, two of America's best known economists of their time.

Does that sound strange?

They both died in 2006.

Nobel Prize Winner and renowned American economist Milton Friedman dies at 94 -
- Influenced economic policies of President Ronald Reagan and Prime Minister Margaret Thatcher

Renowned iconoclastic economist John Kenneth Galbraith dies at 97