Milton Friedman - Welfare State Dynamics .In his book "Capitalism and Freedom" (1962) Nobel Prize in economics winner Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom. Professor Friedman explains basic fallacies on which the welfare state has been built
Milton Friedman was a gift to the world. He was and still is one of my greatest influences. I am humbled at his towering intellect. His vision of freedom was one of the most eloquent visions every bestowed on mankind. In my view, he might even have been greater than the founding fathers.
PETER SCHIFF
Monday, April 4, 2011
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