Tag: Milton Friedman
How markets create tolerance and generosity
Capitalism has long been attacked with the argument that it leads to individualism, which is a social evil. It wasn’t a very clear or cogent argument but it was popular. I should note that conflating markets with 'capitalism' is erroneous.
A very respectful disagreement
Milton Friedman is one of my favourite people, but I must say I found his 'A Friedman doctrine - The Social Responsibility of Business Is To Increase It's Profits' a little disappointing. The title is not the problem. It is the points he makes and the logical leaps he takes.
Who will protect us from our protectors?
'Quis custodiet ipsos custodes?' is a Latin phrase used by the Roman poet Juvenal, which can be translated to mean 'who will protect us from our protectors?'
