Milton Friedman Interview: Three Categories of Freedom

Dallas Fed president and CEO Richard W. Fisher sat down with economist Milton Friedman on October 19, 2005, as part of ongoing discussions with the Nobel Prize winner. In this clip, Friedman explains the difference between civil, economic and political freedom.

For more information on this interview, visit the Dallas Fed's web site:
http://dallasfed.org/news/mm/2007/friedman.cfm

Category:

Education

Tags:

• milton
• friedman
• federal
• reserve
• bank
• of
• dallas
• richard
• fisher

[liber8me]

what the hell are you talking about? libertarianism has NOTHING to do with fascism. there could not be a pair of more incompatible ideologies.

[AlanCom1]

sarsach,

1) Nobody uses words like "reactionary" anymore - unless of course you are a hard core Marxist.

2) Mussolini and Hitler were Fascists - which is a brand of Socialism

3) We are in trouble because people don't want to live within their means. They want to tax others and give themselves benefits. From this perspective, yes, we are in trouble. Read Bastiat - on government - available online.

[AlanCom1]

@noprofitmaxiemirung:

So, absent government intervention in failed "green schemes" and corporate subsidization - look at Solyndra case (which reminds me of fascism), how is the system unjust?

You sit on the sidelines and cry because other people do worse than you (according to you), while these people choose to party, get drunk and get laid most of the time (while not having much property). Who is happy and lives life? And who is the fool?

[AlanCom1]

@noprofitmaxiemirung:

Now regarding workers and ownership -

In a capitalist system (and unfortunately the current system is not real capitalism - I wish), there is no barrier to you doing what you want. In feudalism, you couldn't start a business, own land etc.

Looking at "wealth disparity" is a consequence of choices of these individuals. Some don't study, but to work and spend most of what they make.

Others save money, work 80-100 hours a week, start a business and become really rich.

[AlanCom1]

@noprofitmaxiemirung:

1) you claim that there are systemic and social problems in capitalism (assuming we are in capitalism - which in itself is debatable). But compare these issues with live under communism. You guys (I know you are a communist by looking at your page) killed over 100 million people in the 20th century, and now, you fool come here and play the offended victim? No food, no heat, no electricity, no access to information, not to mention the secret police - life in communism

[noprofitmaximierung]

@AlanCom1 ...they should own it and control it.

[noprofitmaximierung]

@AlanCom1 Yes, because Mussolini and Hitler believed in establishing workers control over production... -_- Fascists believe that it is in humans' genes that they are great, libertarians seem to be of the opinion that people can choose to become whatever the fuck they want, ignoring all systemic and social problems in which humans in a capitalist system are subject to and the psychological effects of these problems on the human brain and social standing. Workers produce our materialwealth

[noprofitmaximierung]

@ErikS1975FreeState That's great, abandoning all systemic relevancy, eh? If i am unemployed and there is a job that offers a hunger wage, then i i am forced to work for that extorting wage, or i roll over and die, that works too.

[noprofitmaximierung]

@liber8me Oh, that's right. Fascism is NOT the private power taking over public duties, I Forgot! -_-

[2dum2getsocialism]

@scalp340 confusing the language is a classic statist tactic; the baseline for discussion should move from 100% lack of government (anarchy) to 100% government control (totalitarianism)

[scalp340]

@liber8me If you talk to a liberal, libertarians are "right wing" and Fascism is on the extreme "right." makes no sense to me ether.... They talk to me like I don't know were I stand, and whats what.

[unfad1ng]

@liber8me

well id say Stalinism and Libertarianism is more incompatible than libertariansim and fascism.