On February 14 I wrote a post titled “Milton Friedman ‘Free to Choose’ Videos – The Complete Set”.
Of note, this series is from 1980. As such, many might dismiss the series as irrelevant and outdated.
However, the series (and book of the same title) is highly relevant to today’s economic situation. Virtually all of the same problem areas and critical / unresolved issues discussed in the series are still in existence today.
Given that virtually all of those same problems and issues exist today, one may wonder how much “societal progress” has occurred in the last 30+ years. This facet is certainly disconcerting…
The Special Note summarizes my overall thoughts about our economic situation
SPX at 1342.08 as this post is written