Eh, this leaves too much unaccounted for. For example, Haitians tend to have low IQ's, and their neighbors in Fidel Castro's Cuba enjoy much better living standards than Haitians despite the communist setup on that island.
The earthquake in Haiti struck the primate city of Port-Au-Prince dead center. The earthquake near Chile was off-shore hundreds of miles away from population centers (why not ask why more people weren't affected in Florida by the Haiti quake)?
And Friedman went to Chile to award Pinochet with the "gold" seal of US approval! Were happy so long as the bankers are rich and the labor is cheap!
he's wrong about the magnitude of the earthquakes. Chili's earthquake was 6.9 magnitude while Haiti's earthquake was 7.0. Now this gives us a better comparison of the two countries' system and I believe makes his point only stronger.
Actually the one he's talking about was an 8.8 of the coast of the Maule Region, and the death toll was only 350, not 800. Both cities had around the same population also. So I think this is what makes his point stronger. But don't correct someone with the wrong facts thanks.
I wish Yaron had mentioned the absence of property rights in Haiti, and the deleterious effect it has on building construction and maintenance. I think that is an important aspect of the devastation.
I like the video a lot. It's a great point. I think I should, however, point out that Argentina is ranked 135th, according to Heritage's economic freedom ratings, but has a GDP per capita (ppp) similar to Chile's. Also, the video production work could be a little better. The camera should be closer to Yaron and be framed by the rule of thirds, not dead center. You probably wanted to get the picture of Rand into the shot, but that is less important than framing who you're interviewing well.
@spudmustang I dont care what Friedman says he is himself, the Republicans say they support capitalism even though they clearly don't etc. Friedman supported a wellfare state and central banking for example. So ok he is no socialist, but he's clearly a conservative/social-democrat.
Whats most hilarious about the Ayn Rand Institute is encapsulated in Ayn Rands own words "there are no contradictions, if you think you have one check your premise."
Ayn Rand was all about individualism. All this political call-to-action, group think non-sense is well humorous.
I mean come-on, a philosophy based on individualism forms a group to deal with another group and in doing-so calls on the individuals to not think, but to behave like a group now if that isnt funny what is?
I totally agree with all you're saying. But our gov't is now in the hands of fascist bankers, we're c oming apart, and you're not addressing this, or seem to be aware of it. Have you read any of Carl Denninger's work online, detailing Bernanke's and Geithner's crimes? We are in the midst of an economic crisis, worse than we've ever had.
I don't think he has to go off into a long denunciation of the regime when he is making a point about the need of a free market to better survive natural disasters. Maybe if he was giving a talk on how Pinochet's dictatorship lead to suffering (as compared to a true free country), but he was not giving such a talk. Therefore, I think his remarks are sufficient.
Eh, this leaves too much unaccounted for. For example, Haitians tend to have low IQ's, and their neighbors in Fidel Castro's Cuba enjoy much better living standards than Haitians despite the communist setup on that island.
MrAdvancedAtheist 1 month ago in playlist Randian Philosophy & Rational Thinkers
@jdamn fwancisco danconia don't have a wisp
kajoe99 1 year ago
down with cowuption, down with iwan!
kajoe99 1 year ago
The earthquake in Haiti struck the primate city of Port-Au-Prince dead center. The earthquake near Chile was off-shore hundreds of miles away from population centers (why not ask why more people weren't affected in Florida by the Haiti quake)?
And Friedman went to Chile to award Pinochet with the "gold" seal of US approval! Were happy so long as the bankers are rich and the labor is cheap!
MrChirpsky 1 year ago
The more I hear about Chile, the more I like it. Check out Jose Pinera, the guy who came up with their private pension system watch?v=8IOVKtMiuas
vilkusuns 1 year ago
he's wrong about the magnitude of the earthquakes. Chili's earthquake was 6.9 magnitude while Haiti's earthquake was 7.0. Now this gives us a better comparison of the two countries' system and I believe makes his point only stronger.
cameraman502 1 year ago
Actually the one he's talking about was an 8.8 of the coast of the Maule Region, and the death toll was only 350, not 800. Both cities had around the same population also. So I think this is what makes his point stronger. But don't correct someone with the wrong facts thanks.
zxcv73 1 year ago
This explains very well how things went in regards to the two earthquakes. Thanks for making this.
GrahamCrackerStudios 1 year ago
Bernake was a student of Friedman, hence the term relatively free
KiraYamatoSEED 1 year ago
I wish Yaron had mentioned the absence of property rights in Haiti, and the deleterious effect it has on building construction and maintenance. I think that is an important aspect of the devastation.
Neverbark1 1 year ago
Japan is also an example of an advanced industrial and relatively free nation that suffers low casualties during frequent earthquakes.
duke1duke1 1 year ago
I like the video a lot. It's a great point. I think I should, however, point out that Argentina is ranked 135th, according to Heritage's economic freedom ratings, but has a GDP per capita (ppp) similar to Chile's. Also, the video production work could be a little better. The camera should be closer to Yaron and be framed by the rule of thirds, not dead center. You probably wanted to get the picture of Rand into the shot, but that is less important than framing who you're interviewing well.
shimanopower 1 year ago
Friedman is NOT a socialist, far from it. He classified himself as a classical liberal and as a libertarian.
pazzy001 1 year ago
@LakeShaman Yeah so? who cares about whales... djiiiiseees
stephleom 1 year ago
Milton Friedman saves lives!
pazzy001 1 year ago
@pazzy001 MIton friedman is a socialist
stephleom 1 year ago
@stephleom LOL! If Milton Friedman is a socialist, then Mickey Mouse is a duck.
spudmustang 1 year ago
@spudmustang I dont care what Friedman says he is himself, the Republicans say they support capitalism even though they clearly don't etc. Friedman supported a wellfare state and central banking for example. So ok he is no socialist, but he's clearly a conservative/social-democrat.
stephleom 1 year ago
@stephleom Touché!
spudmustang 1 year ago
Pinochet's regime was Fascism done correctly.
newengland72 2 years ago
YARON OWNS PAUL KRUGMAN!! Check out that clowns krugmans blog about this topic
mike8903 2 years ago 2
This has been flagged as spam show
Whats most hilarious about the Ayn Rand Institute is encapsulated in Ayn Rands own words "there are no contradictions, if you think you have one check your premise."
Ayn Rand was all about individualism. All this political call-to-action, group think non-sense is well humorous.
I mean come-on, a philosophy based on individualism forms a group to deal with another group and in doing-so calls on the individuals to not think, but to behave like a group now if that isnt funny what is?
thbyrnes 2 years ago
Comment removed
thbyrnes 2 years ago
I totally agree with all you're saying. But our gov't is now in the hands of fascist bankers, we're c oming apart, and you're not addressing this, or seem to be aware of it. Have you read any of Carl Denninger's work online, detailing Bernanke's and Geithner's crimes? We are in the midst of an economic crisis, worse than we've ever had.
Where are you on this?
whiskerchild 2 years ago
I concur, I never hear much form Yaron Brook about how the Fed is bankrupting the country, and sound money is preferable in a capitalist economy.
capncrunch93able 2 years ago
Go to the Ayn Rand Center and Ayn Rand Institute websites and search for information on the financial crisis. He has spoken at length about this.
duke1duke1 1 year ago
I would gladly have him in the White House as my president!
tvengr4047 2 years ago 5
thanks for posting.
xTjPx 2 years ago
"brutal, you know, bad, dictatorship" isn't enough of a condemnation of Pinochet's evil regime.
Other than that, a fine video!
Bravo and keep up the good work!
richardcadbury 2 years ago 2
I wonder how would YOU deal with the communist onslaught back then?
Arjozof 2 years ago
Without mercy (like Pinochet). And without cruelty (unlike Pinochet).
richardcadbury 2 years ago
I don't think he has to go off into a long denunciation of the regime when he is making a point about the need of a free market to better survive natural disasters. Maybe if he was giving a talk on how Pinochet's dictatorship lead to suffering (as compared to a true free country), but he was not giving such a talk. Therefore, I think his remarks are sufficient.
duke1duke1 1 year ago
I had no idea Chile had a completely private social security system.
qtronman 2 years ago 3
I like this video.
qtronman 2 years ago 2
Great points. This is a useful (but tragic) case study.
rambo26 2 years ago 4
Very well said, as usual.
raymundobruno 2 years ago 3
Yaron Brook is bad ass...i nominate him for leader, i mean President.
helltrackrider 2 years ago 6
down with cowuption! down with howific sociawists! did anyone say biggus dickus?
kajoe99 1 year ago
Nice video. Thanks for posting =)
kevinjcarollo 2 years ago 5