Happy 100th birthday, Milton Friedman!
Today would’ve been Milton Friedman’s 100th birthday (he died in 2006). Donald J. Boudreaux pens a note of appreciation: In a scene from the opening episode of his successful 10-part 1980 PBS series “Free to Choose,” Friedman held in his hand an ordinary pencil. Looking into the camera, and speaking without a script, he explained that a pencil – so seemingly simple – requires for its production the knowledge and labors of millions of people from around the world. Some workers cut down the trees; other workers make the chainsaws used to cut down the trees; yet other workers make … Continue reading Happy 100th birthday, Milton Friedman!