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Economist Milton Friedman Honored
Supporters from across America gathered at the five-star Beverly Hills Wilshire Hotel in Los Angeles on Monday night to honor world-renowned free market economist Milton Friedman. The guest list also included California Governor Arnold Schwarzenegger – who called Dr. Friedman "my hero,” former governor Pete Wilson and other dignitaries. Ben Stein served as the master of ceremonies. Close to $1 million was raised for the Milton and Rose Friedman school choice foundation. NewsMax was there and got an eye-opening, exclusive interview with Dr. Friedman and his wife, Rose, which will appear in the next edition of NewsMax Magazine. Dr. Friedman, who turned 90 earlier this year, is the most influential free market economist in the world, thanks to his life-long efforts to advance limited government and individual freedom.
Story Continues Below He is perhaps best-known for his 1980 TV series "Free to Choose,” in which he explained basic economics and strongly criticized the destructive effects of taxes and regulation. The series has been seen by millions of people in dozens of countries, including Russia. Dr. Friedman served as an economic adviser to Barry Goldwater, Richard Nixon and Ronald Reagan. In 1976, Dr. Friedman was awarded the Nobel Prize in economics. He currently is devoting his efforts to building a national movement for school vouchers and choice in education. At the star-studded Beverly Hills dinner, Dr. Friedman focused on the issue of reforming America’s long-suffering schools. Dr. Friedman said the current public school system is an outdated, socialist system that has failed millions of children and is getting worse. Dr. Friedman’s solution: To allow parents everywhere to choose which schools to send their children to – public, private or religious – by issuing them vouchers which they spend where they choose. Dr. Friedman emphasized that this would foster innovation and competition, and create a renaissance first in education and then in our economy. Ten years after its inception, Dr. Friedman’s school choice program is advancing nationwide, district by district. Over 500,000 school children now have choose in education, thanks largely to his foundation’s efforts.
"Eventually,” said Dr. Friedman, "one entire state will adopt school choice, and then it will spread everywhere.” You can learn more about Dr. Friedman’s school choice plan, plus his unique insights into where our economy is heading – including his views on outgoing Fed chairman Alan Greenspan, why gold is soaring, and much more - in our upcoming, exclusive interview with Dr. Friedman.
© 2005 Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. Editor's note:
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