Sunday, February 08, 2009

Stimulus - An Old Argument; A Failed Argument

From: http://patterico.com/

2/7/2009

Feeling Unstimulated? Watch This.

Filed under: Economics, General — Jack Dunphy @ 6:36 pm

[Guest post by Jack Dunphy]

In the below video, Milton Friedman takes Phil Donahue to school on the value of free markets. He expresses what not so long ago were America’s guiding economic principles. These principles may rise again, but not, I fear, before much “stimulating” damage has been done.

If the video inspires an interest in Friedman’s work, I recommend reading Free to Choose, which he co-authored with his wife, Rose.