Milton Friedman - Health Care in a Free Market

Great addition to the Friedman collection LibertyPen, Thank you.

i love how he always smiles a little bit while he talks..

lol

Friedman has great points about the FDA on how it does more harm than it prevents it, but of course too many people are too fooled that it actually works!!!

GO DEREGULATION!!! YEAH!! LIBERTY AND FREE MARKETS!!!

Also, what do you mean "arbitrarily"? Very few things the state does are arbitrary, but very few things that the state does are good either!

The government may have a perfectly clear reason for some intervention in the free market, but that doesn't mean it is either (a) a good reason or (b) a reason that logically implies the intervention. The state has its reasons behind its prohibition of marijuana, so it's not arbitrary, but that doesn't make prohibition a good policy.

It's not as simple as a welfare state providing for food and housing for all. After all, only a small minority of people really NEED welfare (some old people, the disabled) whereas in pretty much every welfare state getting welfare is effectively a choice that can be made on the basis of WANT. Even then Friedman would say that charity can usually do the job better.

I would agree that charity does do the job better than coercive methods of transferring money.

hi

can someone please tell me where i can view the full video of this speech?

LibertyPenn has all 4 parts of the speech here on youtube. Check his profile.