Milton Friedman takes on Donahue

Enjoy this short two and a half minute video of Milton Friedman on the Donahue show explaining the virtues of Greed.

Capitalism and Freedom

J brought up an interesting point in his comment to yesterday's post. In my response, I recommended that he look at "Capitalism and Freedom" by Milton Friedman. Part of our public school education included indoctrination of a healthy skepticism toward capitalism. Sorry to say, it just aint so. Take a few minutes to read the summary of Capitalism and Freedom on the Wiki web site. You'll be glad you did.

Free to Choose

Free to Choose, by Milton Friedman, is the book that started my journey into understanding.  My lovely wife bought me a Barnes and Nobel gift card for my birthday a few years ago, and I bought the audio version of the book.  I don't really know why I bought it, I had never even heard of it before.  I must have looked a little silly, riding on the train in the morning, with my mouth hanging wide open.  I could not believe the things that I was hearing.  It was like I was seeing the world for the first time.  It's hard to explain, and it's a little corny to say, but it changed my life.

I would get to work, and try to corner some other associate to explain the amazing things I had discovered on the train ride to work.  They would look at me like I was some kook.  I won't be able to do any better here.  All I can say is, read it.  Just read it, that's all.  I guess that's not all, you can also listen to it like I did.  Or, I recently discovered that a TV series, based on the book, is available to watch anytime online.  Click here to go to the website.  Find it and read, listen to or watch it.