Walter Williams on the 2012 election and sound money

posted by
August 31, 2011
Casey Research
by staff  
Posted in Commentary

Interview with Walter Williams. Williams: "Keep in mind something that Richard Nixon said to John Ehrlichman, who warned that Milton Friedman, an economist and Nobel laureate, advised against the policy Nixon was pursuing. Nixon’s response was, 'Milton Friedman is not running for reelection.' These people in Washington have commitments and responsibilities that I don’t have. I don’t owe anybody anything, so I can be perfectly honest. When you are trying to get reelected, or appointed to a high-level position, or hoping to have a high-paying job when you leave government, you just can’t say the sort of things I am free to say." (08/30/11)

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