Friday, November 12, 2010
Gary Becker on Obamacare
(Click in bottom right to watch on YouTube)
University of Chicago Professor, Nobel Prize winner, and Presidential Medal of Freedom recipient Gary Becker recently completed a five part interview with Peter Robinson of The Hoover Institution at Stanford University.
This is part four, which deals with the effects of Obamacare on the economy, and especially on those of us considered elderly. Part five of the interview, which deals with Professor Becker's "pro-growth prescription for lifting the U.S. economy out of its prolonged malaise," will be featured in a later post.
For those unfamiliar with Gary Becker, he is one of those rare intellectuals who trusts in the "common sense" of the American people to make judgments about economic issues that effect their lives. His philosophy of economics mirrors that of his fellow economist, and contemporary, Thomas Sowell. Both are disciples of Milton Friedman and both are able to make economics understandable to the layman