Sunday, January 3, 2010

Milton Friedman on Greed


If you have not yet seen this video of Milton Friedman discussing "Greed," please watch it now.

We are in an era where people think they can trust politicians, who promise great things, to serve their interests better than the free enterprise system. It's due a lack of understanding in economics that many Americans believe that a "Great Man" or the "Greater Good of the Collective" will protect their liberty and prosperity. We have been fortunate enough to thrive as a nation under limited government and regulatory controls, but seem to be moving to a new era.

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