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#1 Milton Friedman, dead at 94
Posted: Fri Nov 17, 2006 11:19 am
by Mayabird
I'm not sure what articles to link to, as there are currently thousands that I can see.
You probably know who he is. Economist, free market capitalism. I read his book Capitalism and Freedom for one of my classes.
Discuss?
#2
Posted: Fri Nov 17, 2006 8:41 pm
by Stofsk
I don't know anything about him. Seriously.
Beyond that he was a proponent for Free Market economics, that's the extent of my knowledge.
#3
Posted: Sat Nov 18, 2006 12:36 pm
by Hashava
http://en.wikipedia.org/wiki/Milton_Friedman
I actually know who he is....But links are nice :)
His theory is mostly right- a free market can handle itself well.
On the other hand, I do believe that pure capitalism is bad- Milton's theory "forgets" people with physical difficulties, or people who grew in a bad socioeconomic condition and cannot help themselves.Without the help of the government, those people would never be able to help themselves find a job or educate their children-other people would never do what the government does (or should do :P).
Of course, too much help from the government can affect those people negatively, but SOME help is needed.
#4
Posted: Sat Nov 18, 2006 4:22 pm
by Rogue 9