What is greed? You often hear that it is the root of the economic problems we are now facing.
In his book “Capitalism and Freedom” (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of creating political and social freedom.
An excerpt from an interview with Phil Donahue in 1979.
30 years ago and it still resonates.
What do you think is the difference between greed and healthy economic self-interest?
Is there a difference in how this plays out on Main Street versus on Wall Street?