Wednesday, November 29, 2006

Milton Friedman: Defender of Free Markets

Milton Friedman: Defender of Free Markets: The Future for Investors - Yahoo! Finance

Another obit from another friend of Milton Friedman. Jeremy Siegel worked with Friedman at the Univeristy of Chicago. He notes that Friedmans most important work was showing how a poor economic situation was turned into a depression in the 1930's because the central bank failed to act. Friedman's legacy will be that of showing how free markets and free people lead to economic prosperity.

Scott Dauenhauer, CFP, MSFP