Milton Friedman was, no doubt, a great thinker. But his approach to economics has wrought serious damage to our economy and the classes of Americans who fail in his winner-take-all world. Leave it to William Greider to remind us of this when much of the press in the wake of Friedman's death has been so laudatory.
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Milton Friedman deserves scorn for inventing withholding. He deserves praise for challenging the gubamint reeducation propaganda camps, mistakenly called "publik skool", with a voucher system. He was wrong, because it didn't strike at the root of the evil. The gubamint shouldn't be teaching citizen's children anything. And, people who have the children should be responsible for educating them. Taxes are theft! He deserved scorn for failing to debunk Greenspan, who was a gold bug hard money guy but turned to the "dark side" of fiat currency, when he got the cushy job. So, he was human and made mistakes.
P.S.: that article requires a subscription.
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