Saturday, October 18, 2014

Milton Friedman popularizing Economics.

Milton Friedman is awesome. 

There's loads of videos of him schooling people on economics (the Chicago school of economics mind you) - the world needs more economists speaking to laypeople like this: reaching out through talk shows, "town hall" type meetings and other public/popular venues. 

Sure - economists do that in universities and in conferences...but, in my opinion, they don't do enough to popularize Economics.

People need to understand what's going on in economic terms to really understand the ghost in the economic machine.

Here's Friedman talking about how there's no free lunch (ever):