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I’ve been reading a bit about Milton Friedman, a Hoover Institution economist – not a politician – who past away in 2006. Conservatives can learn quite a bit from this great man. We need another conservative economic mentor for present-day, and maybe Dan Mitchell is that person?
While Congress debates whether to increase taxes on the “rich” (yes, allowing the Bush tax cuts to expire is a tax increase), it it worth reflecting on the words of the late economist, Milton Friedman. Politicians will always spend every penny of tax raised and whatever else they can get away with. And, a study done…
As my brother said today on his show, today would have been Milton Friedman’s 100th birthday. He passed away in 2006. He won the Nobel Prize in economics for 1976, 200 years after our country began. He believed firmly in the economic principles of our founding.