Showing posts with label free enterprise. Show all posts
Showing posts with label free enterprise. Show all posts

Friday, February 13, 2009

Milton Friedman on Capitalism: Donahue gets more than he bargained for

This is great. Friedman makes some excellent points. Donahue's loaded questions are posed as if there is some actual alternative polity under consideration that directly encourages virtue and is based on high-minded ideals. Friedman exposes Donahue's assumptions by going on the attack rather than playing defense. And he never misses a beat. Even the audience, likely inclined to favor Donahue, cannot help laughing.