Milton Friedman on Donahue 1979 (5/5)

Friedman, shows why he is unsurpassed in modern times in defending liberty. He cheerfully decapitates the ideas of a government-controlled economy, over a wide range of examples. His layman's explanation as to how government intervention and the Federal Reserve control of the money supply helped cause the Great Depression is simply outstanding.

Category:

Education

Tags:

• Capitalism
• Capitalist
• Socialism
• Socialist
• Marx
• Marxist
• Marxism
• Fabian
• Fabianism
• Mercantilist
• Mercantilism
• Democracy
• Democratic
• Liberal
• liberalism
• Libertarian
• Libertarianism
• Keynes
• Keynesian
• Keynesianism
• Monetarism
• Monetarist
• Professor
• Chicago
• Economy
• Economics
• Economist
• Free
• to
• Choose
• Nobel
• Prize
• Laissez-faire
• Invisible
• Hand
• Adam
• Smith
• Philosophy
• Market
• Tariff
• Protectionist
• Great
• Depression
• Government
• Spending

[romans58snrsvd]

@TheManiacalSatanist6 I beg to differ. I used a voucher system in Pennsylvania to go to a Cyber School from a public school. My education was FAR better. Teachers didn't try to indoctrinize me with their political views. I have a higher GPA than I did at public school. I was also capable of graduating a year early, something that wouldn't have been possible at ANY public school in my area. Voucher systems DO work and the quality of the education is FAR better than ANY public school system.

[KyleSkullz]

@ChaosDynamics

1. As far as I'm aware Ayn Rand was not an Anarcho-Capitalist, she was a Minarchist. Do you have evidence of otherwise?

2. Protection services and courts are compatible with Anarcho-Capitalism, but establishing them under the threat of theft, extortion and violence is not.

"The great non-sequitur commited by defenders of the state... is to leap from the necessity of society to the necessity of the state" - Murray Rothbard

[AntiSchiff]

@mike6459

No it isn't. There's almost no correlation between inflation and gold prices.

[AntiSchiff]

@romans58snrsvd

The word is "indoctrinate". Maybe your education system wasn't as good as you think.

[mike6459]

gold is a hedge against inflation

[2wheels88]

Great to watch this show.so America has gone the opposite ways to his suggestions and look at what's happened you hardly have any rights left you have a police state and a nanny state building up around you and your country is broke,I'd say it's time for a real change I'd say it's time for Ron Paul.Get Big government out of your way!!!

[andyissemicool]

@romans58snrsvd: Glad to hear it worked out for you, but your sample size of one is not very instructive.

[billmarrs]

Thank you for posting these videos, very interesting and still very relevant.

[frankcharles511]

AT THE VERY LAST OF HIS INTERVIEW HE MISSED THE GOLD!!!!

[jehovahuponyou]

DONAHUE IS A RETARDED STEVE MARTIN (LOOK CLOSELY AT THE ZIPTARD!), ONE WHO LARFS DONKEY DICKS FASTER THAN CONGRESS CAN STEAL MONEY - WE NEED BEWARE OF SUCH LOLLIES!

[sniped101]

anarchy and liberty is pretty much hand and hand. i dont think we need the state but if we could get the state down to what he said, then i cant complain too much

[DraughtOfPeace]

@KyleSkullz

That's not what I meant, I said 'rulers' in the sense that they 'rule' over people. Anyway, a libertarian's preference for the government is guided only by his need for the existence of a body to safeguard individual rights. Again, this is just a theory. In practice, neither this model nor yours exist, or have existed anywhere in the world. It's impossible to implement and sustain any model to the letter.