"If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or your arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that you were our countrymen."

Wednesday, 19 August 2009

Rose Friedman, RIP


Rose Friedman died yesterday, aged ninety-eight. She will be remembered as a talented economist and an influential advocate of freedom in her own right.

Her economic work helped to discredit the idea of government management of the economy, rolling back policies that were hindering wealth creation and thus helping extend prosperity to millions around the world. As a standard-bearer for human liberty, she contributed to the galvanizing of public opinion – especially in the 1980s – against the growing encroachments of intrusive government. She will also be remembered as both the professional partner and wife of her late husband of 68 years, Milton Friedman.

An interview with Rose & Milton Friedman
Had it helped their marriage--now in its 68th year--that they are both economists? Rose (nodding affirmatively): "Uh-unh. But I don't argue with him ... very much." Milton (guffawing): Don't believe her! She does her share of arguing ..." Rose (interrupting): "... and I'm not competitive, so I haven't tried to compete with you." Milton (uxoriously): "She's been very helpful in all of my work. There's nothing I've written that she hasn't gone over first."
An interview with Milton Friedman
Q: What is the biggest risk to the world economy: America's deficits? Energy insecurity? Environment? Terrorism? None of the above?
Friedman: Islamofascism, with terrorism as its weapon.
Streaming of Free to Choose, Vols 1-10
A comprehensive visual explanation of Friedmanite policies.

H/t: Guido

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