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10/29/2016 5:20:24 AM
Posted: 4 months ago
Milton friedman predicted the future:
"In the name of welfare and equality, the twentieth-century liberal has come to favor a revival of the very policies of state intervention and paternalism against which classical liberalism fought. In the very act of turning back the clock to seventeenth-century mercantilism, he is fond of castigating true liberals as reactionary [opposing progress]!" - Capitalism and Freedom, by Milton Friedman, Introduction.