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Legal Commentary

: Houston's Clear Thinkers

Greed in perspective

By Tom Kirkendall

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In market economies, people who create jobs and wealth often generate great wealth personally. During periods of market unrest, those wealthy folks are often demonized as being greedy.

During a period of economic malaise in1979, the late Milton Friedman counsels Phil Donahue on the vacuity of demonizing greed. Enjoy.

Full post as published by Houston's Clear Thinkers on February 25, 2009 (boomark / email).

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