Brad DeLong, while reviewing a biography of Friedman (requires regristration), tells us why:
As a first-class intellect, Friedman provides us with a worthy adversary, one that challenges our assumptions and prescriptions, and in so doing prods us to improve ourselves and our ideas. But, while he is rightly credited with providing intellectual impetus to the rise of the right in the latter half of the twentieth century, he also leaves behind a surprisingly liberal legacy. Indeed, many of his ideas, most notably the “negative tax” (later adopted as the Earned Income Tax Credit), have become central parts of the liberal policy agenda. Which means that, while Friedman will always occupy a place in the conservative intellectual history, he should receive credit from liberals as well.
And, from the review, I liked this prayer of the liberal:
As John Stuart Mill wrote in his “Essay on Coleridge,” every liberal…
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