A Truly Sad Day

Milton Friedman has died today. I leave you with the words of Edward Crane, president of the Cato Institute, on Friedman:

"Here's a guy who won the Nobel Prize in economics for his work in monetary theory and he was a great Chicagoan, a great empiricist and theoretician of economics. But ultimately, what Milton believed in was human liberty and he took great joy in trying to promote that concept....Milton would say, 'Maybe I did well and maybe I led the battle but nobody ever said we were going to win this thing at any point in time. Eternal vigilance is required and there have to be people who step up to the plate, who believe in liberty, and who are willing to fight for it.' ...In my view he was the greatest champion of human liberty in my lifetime, certainly in the 20th century. And he didn’t slack off in the 21st century."