Saturday, November 26, 2011

Milton Friedman on inequality

Mark Perry at Carpe Diem has posted three great clips of Milton Friedman addressing questions of inequality. The first economics class I ever took featured episodes of Friedman's PBS series "Free to Choose" and John Kenneth Galbraith's series "Age of Uncertainty".  Friedman's clarity and logical consistency was a breath of fresh air next to Galbraith's self-satisfied bloviating.