Remembering Milton Friedman
Mike Brock has a long piece up at his substack on Milton Friedman. For the tl;dr crowd, here’s the money quote: “ The honest historical record is that Friedman made substantive contributions that the contemporary American left has absorbed without recognizing and that the contemporary American right has invoked without honoring. Both receptions are defective. The historical figure is more interesting than either.” I’ve never taken an economics course. What little I know of the subject I’ve picked up on the fly while reading history. I certainly don’t know enough to criticize Friedman’s writings. But from what I gather in Brock’s article, much of what passes for praise or attacks on Friedman in the popular press are as wide of the mark as praise and criticism of Karl Marx. I’ll just post a couple of nut grafs from the Brock piece. “The contemporary American left’s framing of Friedman as an opponent of human freedom requires the audience not to read what he actually wrote. He wrote...