Milton Friedman is Good!

Today is Milton Friedman Day and that is something that should be declared an international holiday, for what would Pinochet, Reagan and Thatcher be without the sublime economical theories of the Nobel prize-winning economist Milton Friedman.

He had a profound influence on neoliberal politics globally and some of his recommendations can be seen in Sweden today;

"the General abolished the minimum wage, outlawed trade union bargaining rights, privatized the pension system, abolished all taxes on wealth and on business profits, slashed public employment, privatized 212 state industries and 66 banks and ran a fiscal surplus."

And Chile was then, just as China is today, great examples that dictatorship and neoliberal economics together can create fountains of wealth for corporations.