Fair Versus Free: Free Speech Can’t be Fair Speech: Milton Friedman

In presenting his energy program, President Carter stressed “fairness” as an essential ingredient of an acceptable program. The Federal Communications Commission seeks to enforce a “fairness doctrine” on radio and TV stations. We suffered numerous “fair trade” laws, until they were Continue reading Fair Versus Free: Free Speech Can’t be Fair Speech: Milton Friedman

Milton Friedman Gave The Solution to Health Care Decades Ago – Now It’ll Probably Be IBM’s Watson

An interesting piece in the New York Times by a physician, noting the manner in which American health care is vastly expensive by any global standard. This is not about the detailed structure of that health care system, that’s more Continue reading Milton Friedman Gave The Solution to Health Care Decades Ago – Now It’ll Probably Be IBM’s Watson

Free Market Miracle Chile vs. Socialist Disaster Venezuela

The story of Chile’s success starts in the mid-1970s, when Chile’s military government abandoned socialism and started to implement economic reforms. In 2013, Chile was the world’s 10th freest economy. Venezuela, in the meantime, declined from being the world’s 10th freest Continue reading Free Market Miracle Chile vs. Socialist Disaster Venezuela