Sunday, September 24, 2006

'Articulate' doesn't begin to describe it

Milton Friedman has a bad reputation in a section of British society as a result of some of the things that were allegedly done in his name in the 1980s.

However, I defy anyone to watch this interview with him from the 1960s and not at least take pause.

Key observation: don't evaluate a policy on its intent, evaluate it on its effect.

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