Milton Friedman was known as a libertarian. But in three major areas, he refused to defend free market principles: central banking, tax-funded education, and the legalization of drugs. His compromises on monetary policy and education (vouchers) are well known in Austrian economics circles. His stand on drugs is not. He waffled. He deceived. He compromised.
quarta-feira, dezembro 25, 2013
Milton Friedman, chicken
Milton Friedman on the Legalization of Drugs: A Study in Deception and Compromise por Gary North: