Milton Friedman on Donahue 1980 (4/5)

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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[DoesNotApply]

@Joem734 Ron Paul buddy. Ron Paul.

[Myndir]

"Not a shock treatment."

What a misunderstood man.

[mike6459]

Ron Paul thinks we have too much government

[KyleSkullz]

Despite my philosophical disagreements with Phil, I think his show was amazing. He asked truly objective questions, in a format that is unmatched by any TV show on the air today.

A truly honest and enlightening form of discussion.

[TheDenknach]

@DoesNotApply does Ron Paul also prefere a "Negative income tax" like Milton Friedman? so there wouldnt be poor people at all...?

[OffTheGlass87]

@mythhealer

Milton Friedman has NEVER said or advocated removing all Federal Regulations in order to create an anarchistic capitalism. What got us here today was government regulations and politicians FORCING banks to make loans to joe shmoes who had no right in the first place to own a house. Politicians forced banks to make SUBPRIME loans. That means not the filet mignon, but the nasty fat that nobody wants

Community reinvestment act. 1977. Jimmy Carter. Clinton expanded it. Bush too.

[mythhealer]

The small thought of removing all Federal regulations in order to create Anarchistic Capitalism is what got us where we are today!

He is an agent of the elite. The elite inflate or deflate those THOUGHTS that build a WALL around their sick ideas. The inflation of an idea is created when awards, success and publishing agreements are given to those individuals who promote the megalomania of the elite. OWS protesters need to take heed and not be manipulated by the political jargon.

[DUPDOGGY]

AMAZING! This is from 30 years ago and is still applicable today!

[MrMrmike5]

@Rightwing123123 Exactly!

[Bravo21]

I study and highly admire Milton Friedman...and he was not a 'Conservative' ...Not ever. He was an American. His focus and passion was Liberty.