Milton Friedman - Socialist

michael at ecst.csuchico.edu michael at ecst.csuchico.edu
Tue Jun 9 16:39:08 PDT 1998


I discussed this very subject with David Friedman. I was running an environmental meeting in Chicago once. He spoke out about an endangered species -- the American Capitalist. This happened in the early 1970s.

I thought that his approach was humerous so we struck up a conversation; I later visited him at his apartment a couple of times.

David was not a mean spirited person; he believed in his anarchism/capitalism and he had a good sense of humor. He was then critical of his father for supporting the right of the government to regulated drugs like thalidomide. David insisted that no profit maximizing company would ever sell a bad product lest it harm its reputation. Like I said, he had a good sense of humor.

>
> June 8, 1998 - Volume 2, Issue 17
> Editor & Chief: Emile Zola
> -----
> An Interview with David Friedman
>
> by Alberto Mingardi and Guglielmo Piombini
>
>
> David D. Friedman is an important libertarian thinker, author of The
> Machinery of Freedom, a "must read" work of libertarian thought which
> presents a coherent picture of anarcho-capitalist society. He is the son
> of economist Milton Friedman, who embodies the "Chicago school" of
> economic thought. David Friedman's homepage can be found at
> http://www.best.com/~ddfr/
>
>
>
> ------------------------------------------------------------------------
>
>
> Your book The Machinery of Freedom is dedicated to Bob Heinlein, F.A.
> Hayek and your father, Milton Friedman, who received the 1976 Nobel
> Prize for Economics. How did they influence you with respect to
> Machinery and libertarianism?
>
> I learned economics--and clear thinking--from him [my father] in
> conversation when I was growing up, and applied both, I hope, in the
> book.
>
> Is it true that you've said your father Milton is a quite socialistic in
> comparison with yourself?
>
> He believes in having government run several important
> industries--specifically, the industry of settling disputes--the
> courts--and the industry of enforcing rights--the police. In that
> respect he is more socialist than I am.
>
> A fairer description would be that I think a society with private
> property and no government might not work but probably would; he thinks
> it might work but probably would not.
>
> <snip> =========================================================
>
> In case you weren't sure.
>
> Joshua2
>
>

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



More information about the lbo-talk mailing list