Prayers for Rose.
Posted on 11/16/2006 9:22:30 AM PST by HAL9000
BREAKING NEWS: Economist Milton Friedman has died. Full story to follow shortly.
(Excerpt) Read more at online.wsj.com ...
(Mourner's Kaddish)
Amen.
Bummer.
You don't have to be a Libertarian to be libertarian. I can think of a bunch of libertarians who are Republican. Sometimes you must be pragmatic.
Friedman was neither conservative nor libertarian in any meaninful sense. He was an Economist, which is a non-political vocation tending to support the economic policies of both political persuasions.
The only political thing you can say he wasn't was Liberal in the American sense, in that Economics never supports Liberal theology.
Prayers for Rose.
Good long run. May he rest in peace. Prayers for his family.
The definitive study on withholding here. Print for your permanent records...
http://www.cato.org/pubs/journal/cj14n3-1.html
EVOLUTION OF FEDERAL INCOME TAX WITHHOLDING: THE MACHINERY OF INSTITUTIONAL CHANGE
Charlotte Twight
MegaDittos.
Friedman may well have been the most important economic theorist ever.
Amen to that.
The Cato study confirms my statement that it was Professor Hart that first proposed tax withholding in testimony before Congress.
Libertarianism today appears to be nothing more than anti-authoritarianism approaching anarchy.
The Romance of Economics
Milton and Rose Friedman: Dinner with Keynes? Yes. War with Iraq? They disagree.
BY TUNKU VARADARAJAN
Saturday, July 22, 2006 12:01 a.m. EDT
PALO ALTO, Calif.--One doesn't interview a man like Milton Friedman--the Nobel laureate in economics in 1976 and among the five or six most consequential thinkers of the 20th century--without doing some assiduous homework.
http://www.opinionjournal.com/editorial/feature.html?id=110008690
And the sad fact is, withholding could be done away with via executive order. No congressional debate, no supreme court decisions...
Just think, if there were no withholding and wage earners had to pony up the money monthly, the reaction would make the Boston Tea Party a mere footnote in history by comparison.
Wishful thinking, I guess. Sigh...
"If you put the federal government in charge of the Sahara Desert, in 5 years there'd be a shortage of sand."
-- Milton Friedman
I was honored to hear Dr. Friedman speak just earlier this year. At 94, he still spoke for OVER AN HOUR and then took questions for another hour after that! It was a tour de force for one of the most brilliant minds of the past century.
Rest well, Dr. Friedman...you've earned it!
Sad.
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