Monday, October 29, 2007

Milton Friedman - Greed

Milton Friedman was an American Nobel Laureate economist and public intellectual. An advocate of economic freedom and personal liberty, Friedman made major contributions to the fields of macroeconomics, microeconomics, economic history and statistics. In 1976, he was awarded the Nobel Prize in Economics for his achievements in the fields of consumption analysis, monetary history and theory, and for his demonstration of the complexity of stabilization policy.

In this excerpt from an interview with Phil Donahue in 1979, Friedman discusses greed and capitalism.

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