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VIDEO: Placing Milton Friedman’s Famous ‘Crisis’ Comment in Context

RALEIGH — One of the more well-known quotes attributed to famed economist Milton Friedman suggests that real public policy reform can take place only in the context of crisis. But that’s not what Friedman actually said or meant. Dr. Edward Lopez, professor of economics and BB&T distinguished professor of capitalism at Western Carolina University, placed Friedman’s comments in context during a Friedman Legacy of Freedom Lecture Friday for the John Locke Foundation and Friedman Foundation for Educational Choice.

CJ Staff
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Friday Interview: Milton Friedman and Public Choice

RALEIGH — The renowned economist Milton Friedman died in 2006, but his knowledge and insight continue to influence public policy debates. On the latest Friedman Legacy for Freedom Day, the John Locke Foundation and the Friedman Foundation for Educational Choice sponsored a lecture from Jennis Biser, assistant professor of economics and finance at North Carolina A&T State University, on “Milton Friedman and the Public Choice Revolution.” Biser also discussed Friedman’s legacy with Mitch Kokai for Carolina Journal Radio.

CJ Staff

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