Milton Friedman was born July 31, 1912. He died in 2006. This brief excerpt from a speech given decades ago is eerily apposite. It also is pure Hayek. There’s not a thought in this clip that isn’t almost word for word from Hayek.
[youtube=http://www.youtube.com/watch?v=fu0hMiBTJPo&feature=player_embedded#!]
