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'''Milton Friedman''' (1912-2006) was a [[libertarian]] economist who emphasized freedom.  He was the favorite economist of many conservatives (including [[Ronald Reagan]]), in part because nearly all other economists have been [[liberal]].  Friedman was an early advocate of free choice in education, such that parents could spend their school tax dollars on the school of their choice.<ref>[http://www.ideachannel.tv/ "Free to Choose" (1980)]</ref>  Friedman received the 1976 Nobel Prize for economics.   

'''Milton Friedman''' (1912-2006) was a [[libertarian]] [[economist]] who emphasized freedom.  He was the favorite economist of many conservatives (including [[Ronald Reagan]]), in part because nearly all other economists have been [[liberal]].  Friedman was an early advocate of free choice in education, such that parents could spend their school tax dollars on the school of their choice.<ref>[http://www.ideachannel.tv/ "Free to Choose" (1980)]</ref>  Friedman received the 1976 Nobel Prize for [[economic]]s.   

In one celebrated case, Milton Friedman called a special meeting at the University of Chicago, where he taught, to prove that the [[Coase theorem]] was false.  But within two hours of discussion, Friedman had the intellectual courage and objectivity to reverse himself and admit that he was wrong and Ronald Coase was right.  Many lesser intellectuals can spend their entire lives refusing to admit that they were wrong about something.

In one celebrated case, Milton Friedman called a special meeting at the University of Chicago, where he taught, to prove that the [[Coase theorem]] was false.  But within two hours of discussion, Friedman had the intellectual courage and objectivity to reverse himself and admit that he was wrong and Ronald Coase was right.  Many lesser intellectuals can spend their entire lives refusing to admit that they were wrong about something.

:The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.  

:The problem of social organization is how to set up an arrangement under which greed will do the least harm, capitalism is that kind of a system.  

   

   

:Freedom in economic arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself ... Economic freedom is also an indispensable means toward the achievement of political freedom.

:Freedom in [[economic]] arrangements is itself a component of freedom broadly understood, so economic freedom is an end in itself ... Economic freedom is also an indispensable means toward the achievement of political freedom.

   

   

:The heart of the [classic] liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities and opportunities according to his own lights…This implies a belief in the equality of man in one sense; in their inequality in another.

:The heart of the [classic] liberal philosophy is a belief in the dignity of the individual, in his freedom to make the most of his capacities and opportunities according to his own lights…This implies a belief in the equality of man in one sense; in their inequality in another.