Milton Friedman Challenges Crony Capitalists...Face-to-Face

brave

No government, no crony capitalism!

Simultaneously the smallest man and the biggest brain in the room.

It's a shame how much we hear about Kaynes and Krugman and so little we hear about Milton Friedman. The education system and media as a whole are agents of big government.

College macro econ classes incorporate plenty of Friedman's ideas. Of course, I'd love it if they'd incorporate even more than they already do. :)

Of course. They believe in big gov't, in central planning. So they will pick and choose those economists - no matter how bad or discredited their ideas are - and ram them down the throats of students and the ignorant public.

I was just listening to a whole podcast from Walter Williams about this. He explains it best that this type of cronyism can only occur when corporations and big government get together. It's antithetical to freedom and the free markets.

This is what "speaking truth to power" actually looks like.