Free Market Friday: American freedom benefits billions
July 29, 2016
Jonathan Small
The United States has never been like Las Vegas – what happens here doesn’t stay here. Even before this present age of globalization, our ideas and products have spilled over our borders to the benefit of the rest of the world.
From John Winthrop sailing across the Atlantic in 1630 to Presidents John F. Kennedy and Ronald Reagan, American leaders have borrowed Jesus’ phrase from the Sermon on the Mount to describe our nation as “a city on a hill.”
This Sunday is the 104th birthday of someone who exemplified this idea. Milton Friedman was born in New York City to Jewish parents who had only recently emigrated from Eastern Europe. He became one of the 20th century’s leading economists and most important public intellectuals.