Disclaimer: We merely wish to better understand the world we live in and the implications of things that happen around us, both within our control and beyond our control - this blog is a diary of that journey. Along the way, we will share links, videos and express some opinions (solely ours) which should be considered with a pinch of salt. We are neither experts nor do we wish to be considered as one - if you think we are stupid, please let us know.

Wednesday, February 23, 2011

There's no such thing as a free lunch.......

Milton Friedman, Nobel Prize winning economist, clearly explains what "taxing business" exactly means.

There exists a myth that government can tax corporations more than individuals to fund all its social schemes. Milton Friedman clearly explains how that notion is wrong.

The current FED chairman Ben Bernanke, says he was heavily influenced by Milton Friedman. Hope he understands what printing more money exactly means...it is just another form of tax!


Posted by krishnakumar at 11:56 PM

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