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Milton Friedman

Donahue interview

Milton dispels socialist myths

  • Even soviet Russia and communist China run on greed,
  • It is never us that is greedy, it is always someone else
  • The great achievements of society have not come from government bureaus. Eienstein did not come up with the theory of relativity under order of a bureaucrat, Henry Ford didn't revolutionise the automative industry that way.
  • The most successful countries in general are where these has been capitalism and free trade. The countries where the masses are worst off are where this is not the case.
  • Free enterprise has shown to be best at unlocking the productive capacities and improving the general lot.
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