Milton Friedman on Donahue 1980 (1/5)

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.

Playlist for all 5 videos:
http://www.youtube.com/watch?v=OE1nJJBoxvk&feature=PlayList&p=4C67F54...

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[MickeyDee0341]

@taewsk People don't know how to interview now days. You're absolutely right. This is a classy interview and very informative.

[iowafalcon]

@taewsk

I was thinking the same thing.  To think that to people that were so opposed in ideology could interact so respectfully reminds me of how much our society has lost in my lifetime.

[classicdinner]

@iowafalcon spot on!

[mike6459]

Phil was the best daytime talk show of all time...makes Oprah look like Maury Povich

[StAugustine79]

@JonasGerman We do not have capitalism today. We have corporatism.

[JonasGerman]

todays capitalism does not work!

[FabiusMaximus1000]

Media today is more geared towards subversion & not discussing ideas. No wonder the country has become polarized. 

[kpreston69]

OK, I will admit that I've been wrong and I was schooled today.

I watched all 5 video's and seriously all I seen was Ron Paul.

My ideals is to believe that we can create a Star Trek Universe as in everyone is equal and the Government is a safety net.

I am now voting for Ron Paul, I want to get rid of the FCC just because it's not up to them if someone says Fuck on the radio. Howard Stern went private over that shit. Neither me or my kids use drugs but is it up to Uncle Sam to tell me no?

[wk2w]

Wow! Did that interview really take place on commercial TV 31 years ago? What has happened to our society?

It is astounding how similar the political situation was then as it is now.

Thank you so much for posting this video series.

[CSK225]

I miss these days. This is when the host, a leftist even, conducted an interview without malice and the audience were comprised of people ernestly paying attention and trying to soak up what was being said... whether or not they agree, as opposed to yelling "whoop" like animals and wondering what they're going to get for free and a host screaming right of the bat like those vicious harpies on in the morning now!