The Electric Commentary

Thursday, November 16, 2006

Freed Man.

Milton Friedman made people realize that simply having good intentions is not good enough. Free To Choose was the first economics book I picked up, and it completely changed the way that I think.

Here is Milton being grilled on TV, and teaching the host a lesson.

All of the prominent econbloggers are paying their respects.

Here's Alex:

Milton Friedman loved liberty. Even today, chills run down my spine whenever I read the slashing opening to Capitalism and Freedom.

President Kennedy said, "Ask not what your country can do for you - ask what you can do for your country."... Neither half of that statement expresses a relation between the citizen and his government that is worthy of the ideals of free men in a free society.

Damn right

and Tyler.

Here's Megan.

Arnold has this to say:

What struck me was that Friedman won the Clark Medal, given to the economist under 40 with the most achievements, in 1951. At that time, he had published none of the works for which he is famous, either inside our outside the economics profession. Well, maybe one--the Friedman-Savage utility function (1948). He received the most prestigious award that the profession offers, and in hindsight he had not even gotten started.

Greg Mankiw pays tribute here:

The Friedmans are best known for their articulate and unwavering defense of the free market. Their policy objective is, simply, "the promotion of human freedom." This goal, they tell us, "underlies our opposition to rent control and general wage and price controls, our support for educational choice, privatizing radio and television channels, an all-volunteer army, limitation of government spending, legalization of drugs, privatizing Social Security, free trade, and the deregulation of industry and private life to the fullest extent possible." Milton and Rose were libertarians--aggressively vocal libertarians--before libertarians were cool.

Here is Brad Delong:

There's a story that at lunch at the White House in 2002 he told George W. Bush exactly what he thought about Bush's unpaid-for tax cuts. We will miss him.

Tim Worstall has links.

The folks at Reason weigh in here.

Dan Drezner has a few interesting facts.

Virginia Postrel has more.


  • Did you catch David Bernstein's tribute on Volokh?

    By Anonymous Anonymous, at 5:49 AM  

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