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Big Ol' Smitty

Milton Friedman dies.

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Nobel-winning economist Milton Friedman has died: reports

 

SAN FRANCISCO (MarketWatch) -- Nobel Prize-winning economist Milton Friedman has died at the age of 94, according to media reports Thursday. Friedman, one of the most influential economists of the past century, died last night, the Wall Street Journal reported on its Web site, citing an official at the Cato Institute in Washington. Friedman was a professor at the University of Chicago from 1946 until 1976. He was awarded the Nobel in 1976.

 

http://www.marketwatch.com/News/Story/Stor...F9E9654A615C%7D

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I didn't agree with a lot of his conclusions, but certainly his advocacy for market forces will have influence for generations to come. His defense of the capitalist system and the value of international trade show the benefits of free enterprise better than anyone else I've ever heard.

 

Here's a clip of him with a certain other (in)famous American.

http://www.youtube.com/watch?v=6e5IA2w0xTM

 

Schwarzenegger on Friedman.

http://www.youtube.com/watch?v=ABF1uW6wOyg

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