Audio Clips

20 August 2011

The Myth of the Free Lunch Debunked

Milton Friedman is a master illustrator of economic principles. In this video he debunks the myths that corporations pay taxes and that printing money is a free lunch. He also says there is no Santa Claus or Tooth Fairy. My children were watching the video with me and that came as a shock to a couple of them. Now when they're adults they'll be able to say that Milton Friedman was the jerk who told them there was no Santa Claus. Way to go Milt.


No comments: