catallaxy files

catallaxy in technical exile

Some last words from Friedman

with 3 comments

The Austrian Economists are on a roll, there is a piece on an interview with Milton Friedman a few months before he died.

We talked for about an hour—about his books, his ideas, the state of the world, and the prospects for liberty. At one point in our conversation, we talked about how a bad idea—the government’s championing of ethanol—is sustained by the political power of its prime beneficiary, Archer Daniels Midland. At first, neither of us could remember the company’s name. We stumbled for a few seconds and then he started laughing. He had an excuse, he explained—he was 93. But he thought it delightful that his interviewer, a lad of only 51, had the same difficulty.

Advertisements

Written by Admin

December 9, 2006 at 12:07 am

Posted in Uncategorized

3 Responses

Subscribe to comments with RSS.

  1. Aint that cool.

    That the old man still seemed to be happy and having a good laugh right up until the end.

    GMB

    December 9, 2006 at 1:44 am

  2. Substitute the Qld Nationals for Archer Daniels Midland in the Australian case !

    jimmythespiv

    December 9, 2006 at 12:43 pm

  3. My first thought too!

    entropy

    December 10, 2006 at 8:59 am


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: