Milton Friedman on Donahue 1979 (2/5)

Friedman, shows why he is unsurpassed in modern times in defending liberty. He cheerfully decapitates the ideas of a government-controlled economy, over a wide range of examples. His layman's explanation as to how government intervention and the Federal Reserve control of the money supply helped cause the Great Depression is simply outstanding.

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[Obamination2001]

@PikPobedy The Nazi concentration camp were a government run system not a free market system.

[emilylouisechurchos]

I just finished reading Naomi Klein's 'The Shock Doctrine' and started to research Milton Friedman, seeing as he is portrayed as some sort of evil ogre in her book. Low and behold, I've been watching Friedman videos for just over a week now and I completely agree with him. Naomi Klein is full of shit.

[apotherix]

@ItsAllAboutGuitar because liberals believe that people not in government are too stupid to figure things out on their own.

[apotherix]

The question we fail to ask ourselves in our frenzied debates today: "as compared with WHAT?"

[ItsAllAboutGuitar]

Every elitist thinks that without government, chaos would ensue.  They have it backwards though. Chaos is caused by governments.

[polytide51]

I hear this is going to be the topic on the next Maury

[Necr0forte]

@emilylouisechurchos Yea, I actually started from the other end. I started watching Milton Friedman when I stumbled upon his documentary: Free to Choose. He's basically shaped all of my political views. Naomi Klein is a fool, and though I've never read her book, her premise is completely ignorant of the facts, and ignorant of the man she's demonizing. Milton Friedman is a genius.

[skinnydude911]

IRONICALLY , SEARS DID BUY KMART AND THEY BOTH STRUGGLE IN TODAY'S COMPETITIVE MARKET PLACE!

[agentssith]

Ahh, Milton Friedman. A true prophet. Only problem is this: in order to find out if things are 'safe' in a free market system, people have to get hurt or die.

Friedman is a used douche, and so is anyone who thinks this quack of an economist has any relevance to us today.

[studentofsmith]

@emilylouisechurchos 'The Shock Doctrine' is a well-researched book which provides some excellent examples of how free-market ideas have been abused and misused by various governments around the world. Some might accuse her of cherry-picking, however, as she does not talk about former Soviet Bloc countries in eastern Europe who democratically, peacefully and successfully implemented many of Friedmans ideas.

[moorepower310]

Lol Kmart DID buy Sears! Hahahaha