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Thursday, November 16, 2006

Morning Remembrance

A titan of the global pyramid scheme, economist Milton Friedman, collapsed and expired today. As a legacy he left behind the quite effective witholding tax, something that his wife chided him to no end.
Rest in peace Milton Friedman, big government's best friend.
No one should miss the person that Greg Palast called a "malevolent, dwarfish gnome".

Update: Some TCS dude complimented on Friedman on his competitive tennis game, of all things. Why that has relevance to economic theories -- save for his drive to win -- I can't say. Much like Don Rumsfeld, who has gotten accolades for his squash game, people can't say much about their good deeds and so play up the sports angle. Figures.

Up-Update-date: And this post goes way over the top.
Milton Friedman dignified a simplistic vision of economics, a vision so simplistic it could not but appeal to the likes of Ronald Reagan and Margaret Thatcher. Thus began the popularization of the terms of extreme capitalism and the private ownership fetish.


Professor Blogger Big Gav said...

I don't think you'll get invited to speak at his funeral with that sort of attitude...

Nice Palast quote though.

3:23 AM  

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