Southern Man

Saturday, November 06, 2010

Milton Friedman on Money

A while back Southern Man posted the results of a political-placement quiz that mapped him into the same grid as economist Milton Friedman. So here's a somewhat old and fuzzy video of Friedman on the different ways people spend money (hat tip to Cafe Hayek):

Friedman's analysis is spot-on. It's only a few minutes long; listen and learn.


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