Wednesday, November 22, 2006

Milton Friedman has passed away

Milton Friedman died last week. It was big news in U.S. and it was big news here in Chile, one of the countries most influenced by Mr. Friedman's teachings. The country I today live in (and hope to some day call mine not only extra-officially) has been transformed in the last 30 years thanks to free market policies that were implemented first by so called Chicago Boys (a group of Chilean economists educated in the 50s in "Chicago School of Economics") during the regime of Augusto Pinochet and then continued successfully after the transition of Chile back to civilian rule.

I have read several eulogies on Milton Friedman this past week but the one I liked the most by far is in Reason Magazine: It's Milton Friedman's World: We're Just Living Freely in It. There isn't much I can add to this except to say that I personally feel grateful to Mr. Friedman for all that he has done for humanity.

No comments: