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Podcast: Cascade CounterPoint
Episode: QP: Everyone Is Greedy, No One's an Angel, and That's OK: Remembering Milton Friedman
Description: Full Text: Economist Milton Friedman passed away 15 years ago this week. In celebration of his life, I’d like to recount part of his interview with ultra-liberal talk show host Phil Donahue.
Donahue asked, “When you see the greed and the concentration of power, did you ever have a moment of doubt about capitalism and whether greed’s a good idea to run on?”
Quick as a wink, Friedman responded, “Is there some society you know that doesn’t run on greed? … What is greed? Of course none of us are greedy. It’s only the other fellow...