Most people would not be able to understand the complex economic analysis that won him a Nobel Prize, but people with no knowledge of economics had no trouble understanding his popular books like "Free to Choose" or the TV series of the same...
"We have tried spending money. We are spending more than we have ever spent before and it does not work. ...we have just as much unemployment as when we started. … And an enormous debt to boot." "We want to see private business expand. … We believe that one of the most important ways of achieving these ends at this time is to continue progress toward a balance of the federal budget." -Henry Morgenthau, Jr., Secretary of the Treasury, 1934-1945. He opposed Keynesian Economics, probably the only one in the Cabinet to do so, but unfortuately, he worked for FDR. The laws of the universe don't change.
If Milton Friedman were alive today -- and there was never a time when he was more needed -- he would be one hundred years old. He was born on July 31, 1912. But Professor Friedman's death at age 94 deprived the nation of one of those rare thinkers who had both genius and common sense.
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