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Friday, November 17, 2006 12:00 AM

A man who hated government

Conservative economic guru and liberal nemesis Milton Friedman hated intervention of any sort, whether in the market or in recreational drug use.

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  • Friday, November 17, 2006 03:58 PM

    Can You Imagine Friedman Thinking up the Bretton Woods Agreement?

    No, neither can I.

    During the height of the Great Depression, the Governor of Michigan visited Roosevelt in the White House. He told Roosevelt that 100 people a week were found dead from starvation on the streets of Detroit. He begged Roosevelt to do something, anything, to help the people of his state. And Roosevelt did. Friedman? He would have carefully explained to the poor, deluded governor that markets fluctuate and that as long as markets are free they are eventually self-correcting.

    At which point the distraught governor would have presumably pulled his pistol and blown out Friedman's dessicated brains.

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