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If you're going to listen to a Friedman talk about economics, make it Milton. Quoting Thomas Friedman is an exercise in pop sociology and buzzword-dropping. In
by achompas 15y ago
If you're going to listen to a Friedman talk about economics, make it Milton. Quoting Thomas Friedman is an exercise in pop sociology and buzzword-dropping.
Invention is not a necessary or sufficient condition for prosperity. You can arrive there via many paths (thriftiness or wise investment, service provision, etc.).
- cjy 15y agoI don't like Thomas Friedman either. But, that is a good quote that I think Milton would agree with. He doesn't say that invention is a necessary condition for prosperity. He said it is a necessary condition for prosperity GROWTH.
- achompas 15y agoI'm shocked that you inferred as much from his quote. He's notoriously vague (because he's not actually saying anything), and after re-reading the quote I'm not sure where you got the "growth" part from.