Here is another great interview with the 94-year-old Milton Friedman in which he touches on China, the Middle East, Iraq, education, health care and more. It is well worth the read!Fortunately, it looks like he agrees with me and on China:
I told you he was smart! ;)
The final outcome in China will not be decided until there is a showdown between the political tyranny on the one hand and economic freedom on the other—they cannot coexist.
Read another interview with him here and watch a video interview with him from many years ago here.
Also, consider reading Freidman's book, "Free to Choose". It literally changed the way I see the world. Had I not read that book, I seriously doubt I'd be pursuing a PhD right now. (See his accompanying website here.)
Hattip Marginal Revolution.
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