Friday, November 17, 2006

Milton Friedman - RIP

Milton Friedman was one of the foremost thinkers of the last century. Strangely his death has caused only fleeting mentions in the American media and hardly anything outside. Here is a man whose ideas on free markets have had more impact on the world economy than any other person's in the last 25 years. The tremendous growth in China, India and in other emerging countries was unleashed only after their economies were reformed and liberalized, which forms the core of Milton’s ideas.

A fearless crusader, he took it upon himself to propagate the value of free markets not just to make nations wealthier but also to spread a right that is intrinsically so human - the right to make our own destiny.

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