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In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.

An excerpt from an interview with Phil Donahue in 1979.

If conservatives (Via Instapundit) are feeling unstimulated or down about the apparent passage of a $1 trillion government spending spree, watch the above exerpt of Milton Friedman and remember why a limited government role in free market capitalism creates more political and social freedom.

Definitely food for thought.


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