In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom. Friedman was perhaps our country’s leading economist. Here’s an excerpt from a 1979 interview with Phil Donahue:
Those basic principals of sound economics stand in sharp contrast to the big government in store for us today. It pains me to see how far we as a nation are straying from the basic philosophy of capitalism. I hope we see the error in our ways before it’s too late.