Milton Friedman on Donahue 1980 (3/5)

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Uploaded by on May 7, 2009

Milton Friedman provides a direct and to-the-point defense of capitalism and free trade. He explains how governmental regulations, no matter how well-intended, are inevitably infiltrated by business interests which use governmental power to stifle competition. He also explains the economics of why drug prohibition doesn't work to control drugs.

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  • can you imagine Jon Stewart or Oprah having an hour long interview with a political theorist concerning relevant and contentious issues? tv is dead, long live the internet

  • lol, Donahue struggles mightily with logic and reason.

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All Comments (146)

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  • Women couldn't vote but they had political influence.

  • @Khayman8888 sht............ they make Donahue look like obama. Freidman is conservatism at its finest, but neo conservatism liberal blowhards get their money convincing all of us they actually believe in the constitution.

    RON PAUL 2012!

  • Ron Paul 2012

  • I'm a libertarian, i agree with like 99% of Friedman. The guy was right about cannibus back then which is obvious now. He was boldly right just about one issue, hes been right about every issue.

  • I didn't think women could vote until after WW1?

  • This is funny. Donahue then was ALL concerned about car safety. Now, today, people buy SUV's, partially because of the safety they offer. If Donahue were still on, would we be hearing about car safety, or the gas those safer cars burn?

  • Unfortunately Milton's statement about women and prohibition shows that he often had his facts wrong. I love the guy, but take everything he says with a grain of salt. He oversimplifies often and sometimes bends the facts to fit his truth. But his economic philosophy remains refreshing in illuminating our contemporary absurdities.

  • @TheDenknach Nice one :D

  • @pretorious700 Yea, but Bill O'Reilly and Sean Hannity make Phil Donahue look like Milton Friedman.

  • sweden has a high suicide rate because they have no light up there... try to live in a dark shithole like this :D^^

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