Milton Friedman (1912–1986), free market economist and author who schooled Phil Donahue on national television about capitalism and the freedom of the market place, would have turned 100 years old on July 31st of this year.

Friedman’s calm demeanor, as he put the arrogant, know-it-all, and multimillionaire talk show host in his place, is a thing of beauty. If you haven’t seen it, then you are in for a real treat. It’s less than 3 minutes in length and worth every second:

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