February 9, 2009
In the grim old
days of 1979, writes Ken Kurson, when statism was on the march and
all but a few free market odd fellows were promoting economic
freedom, Milton Friedman was interviewed on television by Phil
Donahue. In full helmet-hair glory, Donahue asks the great
professor whether the wealth gap and the divide between haves and
have-nots proves that capitalism has failed, that "greed" has
caused great suffering. Friedman set him straight.
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