The great Milton Friedman has died

Michelle Malkin has a nice round-up.
You should also check the reflections of various contributors to NRO’s Corner, including this tribute from Larry Kudlow.
UPDATE: Mitch Pearlstein of the Center of the American Experiment offers this tribute:

Economist Milton Friedman, the Nobel laureate who died today at 94, was the intellectual godfather of the school choice movement.
Question: Is it conceivable that American education would be as troubled as it is — for example, with vast numbers of Minnesota students dangerously weak in math and other subjects — if his prescription for more competition and freedom, rather than monopoly and bureaucracy, had been heeded over the last half-century? No, it’s not the least bit conceivable.
“V” is symbolic for victory. Today especially, might I respectfully suggest it also stands for vouchers — whose eventual victory will do more to improve education in our state and nation than any other possible reform.
Professor Friedman: Thank you and rest in peace.

JOHN adds: I can remember when Friedman and the monetarists were considered a fringe group, barely acknowledged by the establishment. Friedman lived to enjoy a rare sort of vindication, with his once-scorned ideas now pretty much universally accepted. Someone needs to tell CNN though; its story on Friedman’s death concludes with this dopey left-wing swipe:

[Friedman] “had an enormous impact on the shape of most economies in the world in the last twenty-five to thirty-five years,” said Mark Weisbrot, economist at the progressive Center for Economic and Policy Research.
“Friedman fought a counterrevolution in the 1950s against Kenysianism,” said Weisbrot. “He succeeded in that policy moved to the right and the concerns of workers took a back seat compared to those of creditors and bankers.”

Yes, those “workers” are still yearning for the 15% inflation we enjoyed in the last pre-monetarist days. Friedman accomplished a great deal, but impenetrable ignorance is, well, impenetrable.
MORE: Courtesy of Joe Malchow, Power Line Video has a wonderful set of Friedman videos from a variety of sources. Listen to Friedman’s own words, which are as bracing as ever.


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