Friedman and Reagan

Two of our more quotable figures in recent US history are Milton Friedman, the twentieth century’s most prominent advocate of free markets, and President Ronald Reagan.

In an early interview on the Phil Donahue show, Economist Milton Freidman taught Donahue a lesson when Phil attempted to equate greed with capitalism. Friedman regards free enterprise as the best economic system ever developed by civilization and cites history as the proof of his contention.

President Ronald Reagan speaks on Capitalism and Socialism through story telling

It all sounds rosey until people finally realize someone has to pay. Someone has to plant that others may eat. But, when the planter and the worker and the investor decide that they want a free ride too, then who will support them. I agree whole heartedly with these men, so many other forms of government sound attractive in theory but in practice are deadly. Please people, get past the pretty words. Get past the rehetoric of the politicians. Take a long cold shower, wake up to reality and look at that locomotive heading directly towards us.

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