31 July, 2008

A Free thinker

Today would have been the 96th birthday of the Nobel prize winning economist Milton Friedman. He died in 2006. He was head of the Chicago School of libertarian free marketeers and the author of many of the free market reforms which have enriched the Western world.

"The market gives people what the people want instead of what other people think they ought to want. At the bottom of many criticisms of the market economy is really lack of belief in freedom itself."

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