There’s no such thing as a free lunch via Skin Flicks
... unless you're the worms of San Francisco, of course, who will soon be feasting on the father of monetarism, Milton Friedman, who died today.If that sounds a bit harsh on someone who was esteemed as the father of the free market and a Nobel laureate to boot, then consider his legacy - Reagan, Thatcher, the massive growth in the wealth disparity between rich and poor over the past three decades, and of course bubble markets such as our own property boom.Now, obviously Milt did not intend all of that to occur when he first championed monetarism. And in later years, he was an outspoken advocate of equality of access in education.But there is little doubt in my mind that, visionary though Friedman may have been, his theorems have proved incredibly destructive in the hands of lesser minds...