3.04.2008

Milton Friedman on Limited Government

My education professor, Dr. Unks, mentioned Friedman in class yesterday. When he was a graduate student at the University of Chicago and took an economics course from Professor Friedman (this was in 1957), he heard the best argument for the voucher system of education that he had (and has until this day) ever heard. He then went on to reiterate Friedman's argument, and he was right: it was a very good argument.

Tonight, I ran into Milton Friedman on Limited Government. This is a must see. I find it hard to make any sort of argument against him. Why hasn't our government tuned into this yet?

1 comment:

Kilgore Trout(man) said...

My main beef is that his argument does disregard any sense of morality by casting aside attempts to reconcile the poison of capitalism. I mean shit, Milton (we're tight) outlines a situation where the "working class" (poor people) have only the options of greater numbers of employment and low wages, or a bit increased, but still low, wages and lower overall numbers of employment. I can dig the social security point, I feel that. Anyway, I think the point is that there are no good options for the "losers" of capitalism. Who the fuck is Milty, a rich white man, to choose which bad option is best for the poor class, it just seems like more elitist theory to me. He doesn't touch on what the worker deserves, or any obligation of capitalists (the men with means of production- owners- modern day whip crackers) to the labor they exploit. My word verification below this window says "arnut" which reminds me of what a pirate says when he refers to the clean-up rag following a group masturbation session.