Milton Friedman on Donahue - 1979
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Uploaded by EducationalChoice on Aug 26, 2009
Dr. Milton Friedman, Nobel Laureate, promoting "Free to Choose" on the show Donahue.
- 37 likes, 2 dislikes
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lol, Donahue doesn't understand how monopolies are created at all. Free markets destroy monopolies, governments create them.
TheScyy 3 days ago
@seppsters Thank you.
ProIndividual 3 months ago
@ProIndividual
/watch?v=JL3FT0O4kYg
seppsters 3 months ago
@seppsters I did not know that! I often said I agreed with him on 99% of things, because the 1% I didn't was his Monetarist beliefs. I'll have to look this up to confirm it, but I had no idea Milton Freidman changed from a Monetarist to someone supporting the abolition of central banking by the state!
ProIndividual 3 months ago
@StorminNormin1977
Towards the end of his life he defended the abolition of the Fed.
seppsters 5 months ago
Mediatic respect died in the 80's
seppsters 5 months ago
Wrong: Friedman wants to abolish most of the federal agencies.
LogicalFlawDetector 7 months ago
Friedman would like to privatize almost every fed agency we have, except military. He thinks we should spend more. Our nation's debt can be tied to buy hi-tech aircraft at trillions of dollars (and the number of jobs created in the military industry don't make a debt in unemployment for the nation. FDC says their budge has been slashed to where they cant attend to issues our public wants answers response to. free enterprse is necessary but weve replace the above with corporatism.
drippyhippie 7 months ago
@StorminNormin1977
The Austrians support a government controlled Gold Standard -- an anti-libertarian stance. Friedman said the gold standard might make sense under 19th century standards, when non-defense spending was 3% of GDP. Now it's 24% of GDP. Milton Friedman is the greatest monetary theorist in history. You are not even qualified to disagree with him.
LogicalFlawDetector 8 months ago
Has Friedman's view on millitary spending changed as he got older???
StorminNormin1977 1 year ago