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October 10, 2003
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Upcoming Appearance

Wednesday, October 22, 2003
Jacob Hornberger will be speaking before the Washington University College Libertarians in St. Louis, Missouri. The talk, entitled “The Moral Bankruptcy of U.S. Foreign Policy,” will begin at 4:30 p.m. CST. Contact Kevin Vallier at kdvallie@artsci.wustl.edu for more information.

Check It Out!

The Audio/Video section of FFF's website has been updated for the month with four new videos and five new audio clips. Watch Israel Kirzner and listen to James Buchanan!



Saturday, October 11, 2003

Industrial progress, mechanical improvement, all of the great wonders of the modern era have meant relatively little to the wealthy. The rich in Ancient Greece would have benefited hardly at all from modern plumbing: running servants replaced running water. Television and radio? The Patricians of Rome could enjoy the leading musicians and actors in their home, could have the leading actors as domestic retainers. Ready-to-wear clothing, supermarkets - all these and many other modern developments would have added little to their life. The great achievements of Western Capitalism have redounded primarily to the benefit of the ordinary person. These achievements have made available to the masses conveniences and amenities that were previously the exclusive prerogative of the rich and powerful.

-- Milton Friedman with Rose Friedman, Free to Choose [1979]

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