David Strom

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On Milton Friedman

IMG_0006[1]On July 31st, 2009 the Minnesota Free Market Institute held it’s annual Milton Friedman birthday party. The event was a great success. Over 100 people attended the Friday afternoon event, hosted by Free Market Institute Chairman Tom Kelly. A drawing was held for 10 copies of Friedman’s Free to Choose and several Milton Friedman posters.

Senior Policy Fellow David Strom gave some brief remarks and offered a toast. Here is the text of his remarks:

It is a genuine pleasure to have the honor of toasting Milton Friedman on what would have been his 97th Birthday.

In many of Friedman’s biographies he is described as being an economist best known for having won the Nobel Prize in 1976.

That is, of course, completely wrong. If we only knew of Friedman as an economist, we hardly would know of him at all.

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Abandoning Capitalism to Save Capitalism?

Over the past few months we’ve seen the most extensive government intervention in the economy since the 1930’s. In fact, today’s interventions sometimes make those of Franklin Roosevelt look tame by comparison. Depending upon how you calculate the numbers—and that is made particularly difficult because neither the Federal Reserve or the Treasury is being particularly […]

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The Myth of “Green Collar”Jobs

The new conventional wisdom is that investments in “green” technologies will somehow jumpstart the sputtering American economy. President-elect Obama is promising to invest heavily in “green-collar” jobs. Minnesota Governor Tim Pawlenty has proposed an expansion of his Job-z enterprise zones program to include “green” projects. The assumption is that the recipe for success in today’s […]

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