Sunday, February 08, 2009

 

Is Greed Good?



That's not the question. In fact, that's a dumb question. They say there are no dumb questions, and they're wrong. That question is genuinely dumb.

No, the relative merit of greed isn't the issue. The question is this: is greed real? You bet your ass it is. And you better live in a society that responds to it in a way that allows for the most individual freedom. That is, unless you like $40 per roll toilet paper.

In this classic clip, currently making the rounds in the blogosphere, Milton Friedman breaks it down:

"Yeah, but wouldn't it be better if people would all just..." yadda yadda yadda.

Yeah, and it would all be better still if we each had a pet unicorn that shit gold.

Greed is real. Deal with it.

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