The Happy Arab News Service

Friday, November 17, 2006

Farewell to Milton Friedman

Milton Friedman died at the age of 94.

The man, considered the Adam Smith of the 20-th century, was one of the staunchest proponents of individual freedom as a foundation of economically capable and democratic society. The right wing supporters of the small government, free markets and individual responsibility ideas, for which MF laid theoretical foundations by defeating Keynesianism and restating the case of Adam Smith, would do wise to remember that the man supported drug legalization as well.

The biggest tribute, we can pay to the work of MF, would be by privatizing this monstrously monopolistic Israel Electric Corporation.

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