Milton Friedman, free market economist, Nobel laureate, and pre-eminent scholar, passed about a week ago, aged 91. His book, Free To Choose, was proof of the power of the written word and how it can change the world. His free-market philosophies were instrumental in shaping the policies of Ronald Reagan, which subsequently led to an American economic renaissance. (Reference a chart of the Dow Jones Industrial Average going back ninety years, and you'll see what I mean. The Dow was unable to break 1000 for three-plus decades; after 1982, it broke 1000 and never looked back.) Additionally, nations that espoused his economic philosophies like Estonia, Chile, and Iceland have prospered accordingly, and have put themselves in a considerably more competitive position than their socialist counterparts.
All Americans owe him a debt of gratitude....even left-wing ones. (Although hell will freeze over before they do that!)
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