Our take: In light of the economic pitfalls of the last decade, the ideas and economic theories of Milton Friedman and his position on deregulation have been questioned and called to be fallible. Niall Ferguson, in this address, defends Friedman's theories and explains how these ideas have proven to usually be right.
Milton had this wonderful mage which I repeat all the time and this is what he said:
"You've got a boat, and it has a hole in the front and it's starting to sink and somebody says 'what are we going to do to level the boat?'
Milton says, if you're a socialist you'll bash a hole in the back of the boat.
Read more about Niall Ferguson: 'Milton Friedman's legacy for free-market thinke on Scribd.
- Letter: Marijuana, an evil plant
- In Our Opinion: IRS data breach is...
- Dan Liljenquist: Credit Utah's Sen. Lee as...
- Letter: Keep money in Draper
- My view: Yes, Iran jails people for their...
- Letter: Veneer of patriotism
- My view: Utah needs Congress to act on...
- Jay Evensen: In a smart-car future, what...
- Letter: Marijuana, an evil plant 64
- David Jensen: Humans are responsible... 52
- Jay Evensen: Utah's prosperity is... 30
- Letter: Regulating marijuana 29
- Richard Davis: Another conflict of... 22
- Letter: Sharing the road 19
- My view: Higher ed students can better... 18
- In our opinion: Congressional Demos... 18