Granted, this was the late 70s, but govt is still the cause.

The man was brilliant and RIGHT!

Quote from: supsalemgr on July 23, 2022, 11:47:59 AMThe man was brilliant and RIGHT!

And the left hates him to this day.

Milton had good and bad ideas and probably many that are somewhere in between. Economic theory sometimes sounds like witchcraft. Marx comes to mind. Grand theories never work as things change. Consider the changes in climate and fires / floods.

"Many of them are inclined to dismiss Friedman out of hand. This is understandable. We are at the tail end of an era powerfully shaped by Friedman, Friedrich Hayek and other free market enthusiasts, and the environment, society and democracy are in a shambles. But serious reformers should not be so hasty. The Friedman doctrine offers them two precious gifts."

https://www.afr.com/policy/economy/business-real-social-responsibility-is-to-be-a-rule-taker-not-a-maker-20200913-p55v3x