#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

9342.849 - 9360.596 Jennifer Burns

This is The Ethics of Competition, and you can read the introduction written in part by Milton Friedman. So not only were they talking about Knight and what he said, but then they started poring over his work. And one of them described it as like a general equilibrium system where you like had to like know all the parts and then all of a sudden it all fit together in a whole.