Some economists speculate on what they think Milton Friedman would have to say about the financial crisis.
seems like a good argument for a social safety net to cushion the blows of an unpredictably irrational marketplace.
Economist's View: Milton Friedman's Social Welfare Program Milton Friedman wasn't anti safety nets. I think it was a matter of what type and how it would be applied. I have a simiar view when it comes to safety nets.
