Monday, July 27, 2009

Current economic turmoil calls for Friedman’s approach: less government, more liberty

The late Nobel laureate Milton Friedman will be remembered at an event at Western Kentucky University this week as one of the great champions of freedom in our time.

Click here to read entire press release.

1 comment:

Hempy said...

To our founders, less government meant less interference in the liberties of the citizens. Thus, less government means women are free to choose an abortion and gays are free to marry whomever. However, that is not what the negative nanny political party of Republicans, more properly, feudalists and mercantilist mean.

To Republicans less government means that the lords of the manor are free to do whatever they want to the serfs, and the serfs should feel obligated to do things for "free" for the lord.

To Milton Friedman less government meant that prohibition against the use of marijuana was an infringement upon the liberties of Americans. He's right about that. However, Republicans, feudalists and mercantilists, are staunchly opposed to legalizing anything hemp.

Why? Because hemp offers competition to the mercantilists monopoly businesses that dominate American economics—largely to the detriment of the American people.

Hemp for fuels and medicines offer competition to the fossil fuel and pharmaceutical cartels. Too, hemp if legalized, would generate sufficient revenue to state treasuries to provide for the needs of the American people as our founders intended government to do.

Thus, Thomas Jefferson wrote: The care of human life and happiness and not their destruction is the first and only legitimate object of good government.

Consequently, the Bluegrass Policy Institute has yet to express support for the legalization of all things hemp. That puts them at odds with Milton Friedman.

The Republican, feudalist, mercantilist two-headed monster hypocrisy rears its ugly head again.