Saturday, January 06, 2007

A New Perspective on Friedman

As Friedman's free-market credentials are examined, is difficult to consider him a free-market economist at all. Friedman’s theoretical concessions to the egregious ideal of "perfect competition" would permit a great deal of governmental trust-busting, and his neighborhood-effect concession to a government intervention could permit a virtual totalitarian state.

read more | digg story

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?