Monday, January 19, 2015
Ram, Intro, Question 6.
Milton Friedman... The Nobel laurate in economics. His passage stuck out to me. His presence being the spokesman for the free market was amazing. The extrapolation that Charles Wheelan made from him was what stuck out to me the most. The American lust for cars, and the actual price that it costs for people using them. What people know and are aware they are spending and what they do not know both financially wise and economically wise. The connection that he made to the Dad's Credit Card was very interesting. I am interested to find out if it is actually higher taxes on gas or higher taxes on cars? or what it is. This is a very mind boggling concept to me what you get and what you give up. What people think the cost is, and what it ACTUALLY is.
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