"A real economy is based upon the sale of goods and services to individuals who pay with real money--that is, money that they have earned on their own (without subsidies)."
Are you completely unaware that we spend almost $100b of our federal budget on corporate welfare (which is roughly double what we spend on welfare for real, living, breathing people) I'm not saying Mr. Freidman is always correct in his analysis, however, your lack of awareness regarding the largest recipients of federal hand-outs is utterly shocking. And the majority is not going to "small" corporations or businesses; we're talking about multi-billion dollar, multi-national corporations (those purported "job creators" that have a curious affliction that requires them to ship jobs overseas when they don't feel like paying Americans a living wage).
Get some facts, bud, before you make wild and wholly inaccurate arguments. The failed "green economy" is a result of the stranglehold placed on it by massive incumbent organizations who clearly benefit from a lack of competitive competition. These enormous entities do not actually desire true competition, but rather would promote the illusion of competition (e.g. a simple example would be the "competition" between McDonalds and Chipotle or Gap, Banana Republic, and Old Navy). If you are a true believer of the "free markets," you'll recognize this corporate system of manipulation of our markets and economy for what it truly is: bull-puckey.
And, by the way, we're not spending "trillions on the green economy;" quite the opposite. In fact, if we did in fact spent trillions on the green economy, the competition created against the vanguard of industry and business would create a far more robust system in which new products and innovation would arise and the consumer/market would be able to pick the winners and losers, not entrenched corporate interests that exist now.