A Comment About
Faculty Follies, Part 8,976, or Why Milton Friedman is worth 10,000 humanities professors
July 12, 2008 - 6:57 am
airth10
2008-07-14 07:51:06
I think there is too much emphasis put on capitalism being about the creation of wealth. Although wealth is essential for greasing the wheels of capitalism, it is about much more. It is more importantly about obtaining resources and the production and distribution of goods in order to sustain and maintain society.
It ranks as it does, as the primer economics system, because it has proven to be the best at sustaining and maintaining a society, through incentives, organization and the cultivation of capital, both financial and human.




















