The Times Australia
Business and Money

50 years ago Milton Friedman told us greed was good. He was half right

  • Written by Richard Holden, Professor of Economics, UNSW
50 years ago Milton Friedman told us greed was good. He was half rightHoover Institution

The point is, ladies and gentleman, that greed – for lack of a better word – is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms – greed for life, for money, for love, knowledge – has marked the upward surge of...

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