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Remembering Milton Friedman

Steve RobinsonBy Steve RobinsonAugust 1, 20131 Comment3 Mins Read
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Dr. Milton Friedman

Everybody can recall that one teacher who had a life-changing impression on them. For some it happened in grade school; others, college. One individual, however, managed to influence individuals not only in the halls of academe, but in magazines, newspapers, television channels, the U.S. Congress, and even the White House. And still, after his passing, he is changing the world.

Milton Friedman is considered by many to be the most influential economist of the 20th century. His contributions have had a lasting impact on monetary policies, taxing models, government spending, and education reforms. And yet, even with the proven effectiveness of Dr. Friedmanโ€™s ideas, we have moved away from them in recent years in favor of a more centralized decision-making system. The case for individual freedom must be made again, and as strongly as Dr. Friedman did.

โ€œMany people want the government to protect the consumer,โ€ Friedman said. โ€œA much more urgent problem is to protect the consumer from the government. โ€ฆ The great tragedy of the drive to centralization, as of the drive to extend the scope of government in general, is that it is mostly led by men of good will who will be the first to rue its consequences.โ€

Nowhere is this on display more than the current controversies concerning the IRS and NSA. Or take last yearโ€™s historic cheating scandal in Atlanta Public Schools. Government is becoming so big it is forgetting its boundaries and failing to do what itโ€™s meant for: serving and protecting the individual.

That is precisely why Dr. Friedman, along with his wife, Rose, devoted his legacy to education reform, specifically school choice. The Nobel laureate saw the grave ills a centralized, government-run system was having on our nationโ€™s children, particularly on minority families, and determined freedom of choice was the best alternative. And indeed it is.

Statesโ€™ experiences, empirical research, and parental satisfaction are proving a market-based approach to education is far better than a monopolistic structure. By focusing our efforts on education, just as Dr. Friedman did, we can reignite the drive toward individual freedom that has served our country so well.

Milton Friedman said that maintaining a free society โ€œrequires a willingness to put up with temporary evils on the basis of the subtle and sophisticated understanding that if you step in to do something about them you not only may make them worse, you will spread your tentacles and get bad results elsewhere.โ€

That is happening far too often today, as evidenced by our high unemployment rate, surging gas prices, ballooning health-care costs, increased food-stamp requests, and unacceptable educational outcomes. And still, the reaction to such ills typically focuses on government doing more.

We remember Milton Friedman for his principled stance against government overreach. And we will continue to keep his voice alive. โ€œMilton 101โ€ is a lesson more individuals need to learn. Its teachings are simple, but its effects are profound. And those who learn it will be todayโ€™s Milton Friedmansโ€”advocates for freedom, teachers of liberty.

The Maine Heritage Policy Center is participating in the 2013 โ€œFriedman Legacy Day,โ€ a worldwide day of remembrance for Milton Friedman on what would have been his 101st birthday.

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Steve Robinson is the Editor-in-Chief of The Maine Wire. โ€ชHe can be reached by email at [email protected].

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