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.

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