Milton Friedman, addresses "The Most Persistent Economic Fallacy of All Time!"

Relatedly (I guess - brain's running in low gear today), just watched this vid yesterday, one of my greatest heroes, Milton Friedman, addresses "The Most Persistent Economic Fallacy of All Time!" I think maybe h/t to Ace of Spades.
[Link to YouTube]

And perhaps even less on-topic, I'll throw this in anyway, courtesy of AC on Moonbattery:

A young commie asks his political officer, “So what do we do after we liquidate the one percent?”

The seasoned Marxist responds, “Oh, that’s easy – then we liquidate the one percent.”