Breakfast in America: August 10, 2012

  • There is almost nothing intelligent said in this entire Milton Friedman article. What’s truly astounding is how the article points out that Friedman railed against the economic ordering of society in 1962 — when the economy was expanding and life was good — and recognizes that most of his policy ideas have been implemented, AND recognizes that since we adopted Friedman’s economic model America has fluctuated between stagnation and decline, yet still acts as though Friedman is worth studying as anything other than a precautionary example.
  • I have wondered in the past why conservatives don’t embrace government health care to the extent that it encourages better labor force flexibility. This article echoes that sentiment.

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