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Government and Network Effects

Interesting omission by Milton Friedman, who makes a series of reasonable points, but a ghastly omission when talking about Henry Ford. Friedman claims that no good has ever come from government planning, and then gives the example of Henry Ford. Very good, but who built the roads for the cars to travel on? Be nice to see a little bit of historical understanding of the role of central planning and the creation of network effects.

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Full post as published by Misleading Advertising Law on February 19, 2009 (boomark / email).