NY Times – Why Conservati​ves Should Reread Milton Friedman


Gary Gutting is correct that everyone needs to re-read Milton Friedman, including Gutting himself.

Shelley, I don’t know if you are aware that Bernie introduced me to Friedman 3 or 4 times, once with Irina, and arranged for me to have lunch with Friedman and San Diego’s Catholic Bishop Brom.  I sat next to the Bishop across the table from Milton and was transfixed.   It was a wonderful, stimulating exchange.  Most memorable:  Friedman told Bishop Brom if he (Friedman) was the sort of person the Bishop thought he was he (Friedman) would have to advocate the Bishop’s positions and if the Bishop truly wanted to help others he (Brom) would advocate Friedman’s positions, spoken with a twinkle, wry smile and a little chuckle.

Gutting misunderstands Capitalism.   Neither Friedman, Mises, Hayek, Ben Rogge, or Ayn Rand thought Capitalism could include fraud or deception, since they basically thought Capitalism was the only moral social system ever devised (Rand, Capitalism: The Unknown Ideal).  I believe they all maintained a limited government was indispensable for making Capitalism work. (Hayek, The Road to Serfdom).

From my Romancing the Voters: “The capable, talented, and strong will survive under any economic system. It is only under Capitalism that the capable, talented and strong get ahead by serving those weaker (consumers) and as they wish to be served.” (Prof. Ben Rogge, Can Capitalism Survive?)

“Do not misunderstand; government is not a necessary evil, as often heard. It is absolutely necessary for a free society to work, but it should act as an umpire in enforcing the rules and should not be playing the game using its monopoly on force and violence.” We cannot afford to have politicians continuously discrediting the government by their actions. Only when government is limited to its proper role can it earn and retain our respect. (Paraphrase LvMises, Human Action).  https://www.smashwords.com/books/view/302807

http://www.romancingthevoters.com  Paperback

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