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Milton Friedman on Capitalism

On 02/10/2012, in Economics, by Jordan Wilson

Last week we saw Why Socialism Does Not Work in the real world.

This week, a quick look at capitalism courtesy of Milton Friedman.

Or, as Phil Donahue thinks of it, greed. 

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Why Socialism Does Not Work

On 02/05/2012, in Economics, Formal Education, by Jordan Wilson

For many on the left of the political spectrum, socialism is a great concept.

So why does it not work in practice?

The usual leftist response is that it has just never been properly implemented.

But could it ever be? 

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