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Sunday, February 08, 2009
Milton Friedman on greed
Greed gets a bad rep
(I found this video at Surly Beaver)
Posted by Hugh MacIntyre on February 8, 2009 in Economic freedom | Permalink
Comments
"Mal-distribution of wealth"
I think Phil came up with that right after he found out Oprah was making 10 times his salary.
Posted by: dp | 2009-02-08 12:00:33 PM
Wealth, when earned in a free market, is good for everyone. Greed is basically self interest. The more self interest the better. When it is government greed though, it is totally different.
Posted by: TM | 2009-02-08 5:24:30 PM
The more self interest the better. When it is government greed though, it is totally different.
Posted by: TM | 2009-02-08 5:24:30 PM
That's actually called graft.
Posted by: JC | 2009-02-08 9:05:21 PM
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