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Politics : Formerly About Advanced Micro Devices

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From: TimF	8/2/2007 3:15:42 PM
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A couple of days old, but... -- M. Friedman B-Day Jul 31, 10:02 AM (The Profession) William J. Polley: Today would have been Milton Friedman's 95th birthday Assorted Friedman quotes: The most important single central fact about a free market is that no exchange takes place unless both parties benefit. — Many people want the government to protect the consumer. A much more urgent problem is to protect the consumer from the government. — The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. — Currently more than 40% of our income is disposed of on our behalf by government at federal, state and local levels combined. One of us suggested a new national holiday, "Personal Independence Day" – that day in the year when we stop working to pay for the expenses of the government, and start working to pay for the items we severally and individually choose in light of our own needs and desires. In 1929, that holiday would have come on Feb 12; today it would come about May 30; if present trends were to continue it would coincide with July 4. gabriel.mihalache.name

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