Milton Friedman’s Defense Of Greed Ruined A Whole Generation Of Economists ft. Richard Wolff   Recently updated !


YouTube has the interview Milton Friedman’s Defense Of Greed Ruined A Whole Generation Of Economists ft. Richard Wolff.


YouTube also has a commentary on the interview titled Richard Wolff Lays The Smackdown On Milton Friedman

In either case, I don’t think they were as successful at countering Milton Friedman as they think they were. I would have liked a more direct attack on greed and defense of altruism.

I think back to my career writing and supporting software that was used to design some of the important products of the information age. I enjoyed the challenge of writing and fixing the software. I enjoyed the participation in the revolution of the information age. I enjoyed the fact that the software I helped develop was among the best in the world. I enjoyed working with very competent people from whom I learned a lot, and made friends with many of them. Yes, I was fairly well paid, but I gave up on opportunities to make even more money because I knew that I would not enjoy the work as much as I enjoyed what I was already doing. There were other emotions driving me other than the lust for money.

I studied a little economics when I went to college. I have maintained my interest and study of the topic over my lifetime. In my retirement, and before, I talked and wrote a lot about what I had learned about economics and its impact on society. I have earned no money doing that. In fact, I pay a little money to have this blog so that I can give the world the benefit of my knowledge to whatever degree this blog does that.

Maybe Milton Friedman took no joy from his skill in doing what he did. Maybe he was only in it for the money. There are many people who are like that. I wonder if he had any human feelings for his students.

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