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A Nobel Prize-winning economist explains what Milton Friedman got wrong
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Dr. R. Michael "Milton" Friedman was an American economist, statistician, and writer specializing in global economic trends and international power dynamics. He became notable for his 1997 speech at the Council on Foreign Relations, where he described future societal changes driven by technology and institutions. Friedman discussed how biotechnology and information systems would produce fast-mutating viruses, genetically engineered vaccines, and DNA tracking databases, framing these as shifts to
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