Milton Friedman: Please Come Back, All is Forgiven! Milton Friedman once said that “if you put the federal government in charge of the Sahara Desert, in five years there’d be a shortage of sand”. I think if he were around still, he would need to revise that. It doesn’t take years to have a shortage of sand and the sand gets blown away pretty quickly. He also went on to say that there was “nothing so permanent as a temporary government program ...
June 12, 2013 - Zero Hedge
Ben Bernanke in BusinessWeek Among economic scholars, Milton Friedman had no peer,Federal Reserve Chairman Ben Bernanke said. "The direct and indirect influences of his thinking on contemporary monetary economics would be difficult to overstate."