UP Senior Fellow David Simon Defends Milton Friedman’s Good Name

In case you missed in on the WSJ letters to the editor page, Simon explodes that absurd assertion from Stanford professor Jennifer Burns that Milton Friedman would have backed the large transfer payments that enabled COVID lockdowns:

The Covid relief transfer payments were massive new welfare-state programs that the federal government used to soften the ruinous consequences of one of this nation’s worst exercises in central economic planning: the federal and state governments’ shutdowns of the economy. Friedman vehemently opposed both central economic planning and expansion of the welfare state. Had governments adhered to Friedman’s admonitions, they wouldn’t have been able to justify–and he wouldn’t have supported–Covid relief transfer payments.

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