Friedman Defends Greed

by Doug on February 23, 2009

in Economics, Politics

The video below is from a 1979 episode of Phil Donahue’s program. Milton Friedman (1912-2006) was a Nobel Prize-winning economist. Donahue put him on the spot to defend capitalism and the greed that drives it. His response is as timely today as it was then.

(h/t: Mark Smith)

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