Milton Friedman gives a lecture titled ‘The Suicidal Impulse of the Business Community’ at the Cato Institute’s Tech and Society Conference
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Look at the FTC investigation of google. The man was prophetic!!
It’s amazing to hear his wisdom when he talks about Microsoft. Of course the suit was eventually dropped, but look at the industry today. Does anyone really believe Microsoft holds a monopoly? Think how ridiculous the claim seems now in retrospect, and how, without government force of any kind we have several competing operating systems and browsers.
“A socialist institution is going to teach socialism.” Damn every speech and interview he makes an interesting point that’s undeniable.