Good old Uncle Milton

Milton Friedman is, of course, one of the greatest economists who ever lived- even if he was not quite as strong a defender of freedom and human liberty and capitalism as people tend to think he was. As Vox Day has repeatedly pointed out, his "radical" theories of monetarist economics were in fact essentially Keynesian heresies clothed in free-market language, and Prof. Friedman was the brain behind that most terrible abuse of the government's power of income taxation known as payroll-withholding.

None of that changes the fact that Uncle Milty was probably the most effective defender of free people, free minds, and free markets that we have ever seen.

His ability to eviscerate the arguments and polemics of those who took the opposite view with nothing more than a cheerful grin and simple rhetorical arguments rooted in fact and logic was truly something special. He may have been small in physical stature, but his tremendous intellect more than made up for his lack of height.

And I have to say, despite the fact that several of Prof. Friedman's ideas have simply not worked out in real life the way he thought they would (particularly when it comes to free trade and immigration), we on the Right lost one of our most powerful rhetorical weapons when he passed.

Take a look at this, and you'll see exactly why his death was such a huge loss to us:







He was a true defender of personal liberty, and- for the most part- really quite sensible about the proper role of government and the limits that must be placed upon its intrusions into the private sphere of the economy. He was certainly wrong on quite a few things- but on balance, he deserves to be remembered as the great champion of freedom that he really was.

Comments

  1. I like that line. "When you insist on equal work for equal pay, you are eliminating the penalty for those that hire based on bigotry rather than abiulity."
    Very very logical.

    ReplyDelete

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