Friedman on capitalism

[youtube=http://www.youtube.com/watch?v=RWsx1X8PV_A]

Thirty years ago, in 1979, Milton Friedman—the Nobel Prize-winning economist and Britannica contributor who was born this day in 1912—famously “schooled” talk-show host Phil Donahue on the nature of greed and the virtues of capitalism.

HT: Britannica Blog