Saturday, April 23, 2016

Milton Friedman: Why soaking the rich won't work.

Today's San Jose Mercury News in the heart of Silicon Valley.

Keep Milton Friedman away from monetary theory and methodology and he is pretty damn good.



  1. You'd think that people would finally have caught on to the "tax the rich" scam. They will never raise taxes on the uber-wealthy like Gates or Buffet. It always comes back to bite the middle and upper middle.

    1. "You'd think that people would have finally caught on to the "tax the rich" scam.

      Most people don't think more than 1 or 2 levels deep and therefore do not make the distinction between reasons that sound good and good, sound reasons and I don't envision this as changing any time soon. The government-run schools are very effective at dumbing down the masses.