Word: friedmanly
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...Milton Friedman, professor of economics at the University of Chicago and bogeyman of Ec 1, last night defended the "free-market principles" of "unanimity without conformity" against encroachments by the "coercive mechanism" of "the political method...
...talk sponsored by the Young Conservative Club, Friedman spent most of the evening criticising the Civil Rights Bill. "The majority in this country are prejudiced," he stated, "and it is naive--no, it's undemocratic,--to suppose you're going to get people to vote against themselves...
...Civil Rights Bill, said Friedman, is "wrong in principle," because it attempts to make people "conform to the values of the majority...
...Negro is undoubtedly hurt" by segregation, said Friedman, and "the appropriate recourse is to try to persuade people that they are wrong...
However, "the most important" solution is to eliminate "barriers" to equality, specifically, fair employment practices legislation. If the free market is allowed to operate, said Friedman, prejudice will result in lower wages for Negroes...