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"Each individual should allow reason to guide his conduct, or like an animal, he will need to be led by a leash."
Diogenes of Sinope

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Thousand Flowers tapestry (15th Century) - Beaune, France (detail)

Wednesday, August 01, 2012

Milton Friedman on greed

This video has been making the rounds on the occasion of the 100th anniversary of the birth of economist Milton Friedman. In it, he explains to Phil Donohue why the capitalist free market system is better than the alternatives:

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