The Milton Friedman Question good rundown on results of market dominance. below, a comment: https://www.nakedcapitalism.com/2025/09/the-milton-friedman-question.html#comment-4290669
Michael Hudson: Milton Friedman was indeed a propagandist. Toward that end, he invited my then-boss, Herman Kahn, to join the UI/Chicago faculty around 1975. Herman was himself a great ideological salesman. (I learned a lot from him.)
When Herman and his wife Jane met with Friedman, Jane asked whether there weren't some services that were appropriate for government — such as protecting widows and orphans, or sick in need of medical help. Friedman replied: "Mrs. Kahn, why do you want to subsidize the supply of widows and orphans, or the sick?"
Herman decided not to go to Chicago, despite his ideological sympathy with Friedman.
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