Paul Krugman, yesterday: “Milton Friedman said tort law would handle product safety better than regulation. Corporations have limited liability. Attempts to increase liability (for example, on oil companies for environmental damage from spills) get blocked by corrupt politicians. Ergo, libertarianism doesn’t work”.
This is like saying that deep frying is a terrible method of cooking after attempting to cook chicken in Valvoline. In a microwave. Using a metal pan.