Milton Friedman Explains the Free Market

It appears that Phil Donahue did not listen to Milton Friedman 31 years ago.


The lecture by Dr. Friedman concerning the free market applies today for the same reasons that he outlined three decades ago. Excessive greed becomes a factor of human nature when morality and virtue have been reduced in our society. We see the consequences of greed on Occupy Wall Street as the “occupiers” blame the 1% for their own greed and lack of personal responsibility.

David DeGerolamo

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