Milton Friedman's folly:--His "free market" faith has produced instead the very thing he regularly denounced: a bastardized system of interest-group politics that serves favored sectors of citizens at the expense of many others.
Enterprise and markets were indeed set "free" of government regulation, but big government did not go away (it grew bigger). Only now government acts mainly as patron and protector for the largest, most powerful interests--the same ones that demanded their liberation.
Instead of serving the broad general welfare, government enables capital and corporations to feed off the taxpayers' money and convert public assets into private profit centers, shielded from the wrath of any citizens trying to object. If that is what Friedman really had in mind, he should have said so.
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