Thursday, November 16, 2006

Milton Friedman Passed Away.

The Hand of Friedman - Yahoo! News Milton Friedman was one of the great champions of individual freedom.

"Underlying most arguments against the free market is a lack of belief in freedom itself." People are upset about the free market when the majority of people don't make the choices they want them to make. The majority of people are buying trucks and SUVs (or they were). And so the goofs on the Left Coast are upset. People free to make choices made choices the Left doesn't like.

He was in favor of cutting taxes at every juncture. Of course he forgot about government borrowing. It isn't enough to cut taxes if the legislators will just permit run-away deficit spending. Expenses must be cut.

TANSTAAFL

He will be missed.

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