Friedman on greed

In keeping with the Milton Friedman posts here at FreedomTalks, I thought I’d post this fascinating video.

It’s Uncle Milty on Donahue back in the 1970s defending capitalism. More importantly, however, he stands up for the concept which Adam Smith identified so eloquently in An Inquiry into the Nature and Causes of the Wealth of Nations– individuals pursuing their personal interests. This concept, unfortunately, has come to be known as "greed" by the Left.

Friedman dashes this pejorative meaning to the term.

Become a Freedom Team Member

Make an impact in your community by becoming a Freedom Team member!

Join Us Today