Free To Choose Milton Friedman Analysis

In this episode of Milton Friedman’s T.V. series “Free to choose” Swedish author Johan Norberg travels in Friedman's footsteps to revisit the idea of the struggle between freedom and equality. Norberg analyzes the present-day importance of Friedman's ideas in the 2011 world of globalization and fiscal disaster. Norberg introduces Freidman as one of the greatest economist in the past several decades, saying "that Friedman did more for freedom then anybody else in recent decades." Friedman convinced many nations to embrace economic freedom. For example, the small country of Estonia, Prime Minister Mart Laar took his inspiration from Milton Friedman's book "Free to choose." He decided to imitate the true free-market system, with zero tariffs,
To illustrate this, as people began to buy cellphones, they got rid of their home phones. And then, there is no need for all those workers who use to connect homes to wires, and repair telephone lines. Thousands of people who worked hard, and supported their families, and through no fault of their own lost their jobs, and skills that might not be in demand as the technology takes a new turn. Some success by creating the new smartphone and become very wealthy while others are stuck with an obsolete technology. Some win, some loose, and the result is something that most people have a problem with: inequality. Equality is a compelling notion one that everyone can appreciate to some degree. In fact, that it is fair to say that in one sense America was built on the idea of equality. The idea of equality defined by Friedman was, "Everyone should have he same opportunity to make what he could of his capacities; that all careers should be open to people, on the basis of there talents, independently of the race, religion, belief, or social class that characterized them." I believe that Freidman's concept of equality of opportunity would not conflict with the concept of absolute