The Power of Choice - Milton Friedman

An excerpt from the biography of Nobel Prize winner Milton Friedman.

Category:

People & Blogs

Tags:

• milton
• friedman
• nobel
• prize
• economics
• freedom
• capitalism
• choice

[dansoftheways]

This video is SHIT

[treddas851]

@zsylvana Wichels ratio 1/7 infact if one to be exact,

[JoshMan522]

@alfienoaks Fletch is trying to aggrandize his own ego.

[alfienoaks]

@JoshMan522

True.

[alfienoaks]

Fletch do you monitor this shit 24 hours a day. And please tell us what you are trying to win here?

[FletchforFreedom]

@JoshMan522 Of course they wanted more to be done by their own governmnet but because the governmnet wanted more power the comoany was not permitted to put in place better safety procedures. That you have no grasp of the issues hardly reflects badly on me.

[FletchforFreedom]

@JoshMan522 My stats come from the US Census Burea, and the Bureau of Economic Staistics (BLS). There are the official statistics and, in this regard are undisputed. If you have better stats or can even demonstrate an understanding of the "stats" you present, be my guest.

[JoshMan522]

@FletchforFreedom As if they didn't want something more to be done by their own government, their own corrupt gov't who sold out to foreign investment. You prove to me that you're clever but full of nonsense; much like Friedman was. Asshole.

[JoshMan522]

@FletchforFreedom You're dreaming and you've bought into bogus stats. Have fun!

[FletchforFreedom]

@JoshMan522 Oil is a global commodity with literally hundreds of producers. i don't know which is more imbecilic. The belief that competition only happens in one country or that price fixing has ever worked in the oil industry.  OPEC has tried it repeatedly (thanks to the power of governments who are direct owners) and each time it has collapsed becasue the incentive even of members to cheat is overwhelming.

You keep proving my points and then laughing, apparently at your own expense.

[FletchforFreedom]

@JoshMan522 You are simply ignorant of the readily available facts. Within six years the vast majority of those in the bottom income quintile move up. A third of those in the bottom quintile at any given time will eventually be part of the top quintile. The top 1% is not a stagnant group. People are always moving in or out of it. Most there at ony one time were NOT in the one percent and moved up!.

Your talking points are long refuted.

[FletchforFreedom]

@JoshMan522 LOL! had you any garsp of the examples you provide, you would know that the problem that caused the Bhopal accident was primarily the result of INDIAN REGULATIONS that required the use of outdated tanks, required the company to insure only with the governmnet (so victims couldn't get compensated) and India prevented those who might have fixed the problem from entering with threats of prosecution. you prove my point for me!