Milton Friedman’s Misfortune Is That His Economic

Of All The Weapons In The Federal Reserve Arsenal, Words Were The The Most Unpredictable In Their Consequences.

Economics Is A Subject Profoundly Conducive To Cliche, Resonant With Boredom. On Few Topics Is An American Audience So Practiced In Turning Off Its Ears And Minds. And None Can Say That The Response Is Ill Advised.

The Notion That You Would Initiate A New Product Without Preparing The Way By Persuasion And Advertising And Salesmanship Is Fantastic. It's An Integral Part Of The System.

The Complaints Of The Privileged Are Too Often Confused With The Voice Of The Masses.

From The Fact Of General Well-being Came The New Position Of The Poor. They Were Now In Most Communities A Minority. The Voice Of The People Was Now The Voice Of Relative Affluence. Politicians In Pursuit Of Votes Could Be Expected To Have A Diminishing Concern For The Very Poor. Compassion Would Have To Serve Instead - An Uncertain Substitute.