Milton Friedman got a few things right – I imagine that’s how he got the Nobel prize in economics, for starters. This post is about a couple of the things he got wrong.
For one, he said that the unions are to blame for apartheid and women should respond to sexism by offering to work for less.
Another memorable moment was his statement in December 2005 that “the stability of the economy is greater than it has ever been in our history, we really are in remarkably good shape. It’s amazing that people go around and write stories about how bad the economy is, how it’s in trouble…”