Posts Tagged ‘free market’

Saturday Matinee: Pure Logic = Brilliance.

Saturday, 28 February 2009

Folks, for those of you not familiar with Milton Friedman, you’re in for a treat, as I was when I found these videos.  He’s not talking about politics here, but common sense economics.

What amazed me as I watched these videos is how easily Mr. Friedman understood the basic principles beneath apparently contradictory economic philosophies, and simplified/pared down the questions until the answers were obvious.

His extraordinary logic left both Phil Donahue and the liberal student in the dust;  I doubt that either one of them completely understood what Friedman said.

This is stuff that even Oprah fans can understand, but many in the US Congress either do not, or choose not to.  Our president is not stupid. He knows about the probable economic damage and is willing to forfeit his veto power  (just as he is willing to tell our enemies his war strategy, as he did today).  God help us.

BUT ON A LIGHTER NOTE:


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