American Elephants

Milton Friedman on the Economics of Socialized Medicine by The Elephant's Child


I just found this, and it seems appropriate to listen carefully, once again, to Milton Friedman. It often seems to me that economics is simply the art of trying to quantify common sense, but I do recognize that my “common sense” is someone else’s heresy.

The theory is that if you repeat something often enough, after a while it will sink in. I remain hopeful.


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