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Episode 2 – Milton Friedman Speaks – Myths That Conceal Reality (Podcast)

Free To Choose Media Podcast

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The Robber Baron Myth

The robber baron myth is a myth, one that should be deflated. The process whereby some people became wealthy was also the process which opened up the country and provided opportunities for millions of other people to improve their own lot. You can have some people become wealthy, not at the expense of other people, but by enabling other people to become wealthy. But how do you become wealthy to day? By getting government assistance.

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