MP3.com and Linspire founder Michael Robertson recounts his experience meeting his hero Milton Friedman a few years ago. He wanted to ask Friedman one important question, so he asked him “How do you make the world a better place?” Friedman’s answer:
If you want to improve the world you have to create more capital. While creating non-profits makes people feel better, the only way to fundamentally improve living conditions is to create more business.
In honor of Milton Friedman, we are streaming the ground-breaking Free to Choose series as it originally aired in 1980 as well as an updated 1990 version. Also watch for a biography, “The Power of Choice” which will air Monday, January 29 on PBS. This date has also been declared as Milton Friedman Day.