Milton Friedman Interview: Spending Money

Dallas Fed president and CEO Richard W. Fisher sat down with economist Milton Friedman on October 19, 2005, as part of ongoing discussions with the Nobel Prize winner. In this clip, Friedman argues for a reduction in government spending.

For more information on this interview, visit the Dallas Fed's web site:
http://dallasfed.org/news/mm/2007/friedman.cfm

Category:

Education

Tags:

• milton
• friedman
• federal
• reserve
• bank
• of
• dallas
• richard
• fisher

[OMikrosIroas]

Some people watch sitcomes to cheer up. I watch Milton Friedman :) Honestly..

[hughugh]

Fantastic video. It's amazing to see a person of his age be as lucid as he is.

[arzoyan]

@lurker76 Corporate dominated society is not really that different to state dictated political dictatorship . Its only ideological style of power elite dominaing the working class Free Market Capitalism is a myth for educated fools , where and when any STATE was not involved in setting the agenda for the direction of so called FREE MARKET ?

[lurker76]

@arzoyan No, you have it mixed up, what you are describing is known as Communism. Free Market Capitalism provides the greatest amount of opportunity for individuals to better their life. Communism is a highly organized central authority holding a gun to your head telling you what you can and cannot do with your life while all the while taking the fruits of your labor by force. 

[gdbalck]

@tennantesque Aw, a Communist with hurt feelings. I say Milton did his job if he got under your skin this much.

[mrjercan2]

@tennantesque its also wonderful to know that you are an idiot =)

[arzoyan]

@Doe The fundamental principle that we need to grapple with is this , Humanity cannot be treated as batteries of energy so a few can enrich and empower themselves the consequence is a world of war,poverty,exploitation,envio­­­rnmental destruction and many other terrible ongoing challenges, or We share the earth for all generations to come in harmony and cooperation for our material and emotional needs, We need to understand our common source and our common destiny , our common humanity as one.

[DoelGr]

@arzoyan ok now... what??



[acidhead43]

thank you for these videos

[Sunchico]

@tennantesque No, he is sitting next to God, and Gods says: "Thank you Milton for trying to free the people from the ignorant politicians"

[tennantesque]

Isn't it wonderful to think that right now, Mr Friedman is burning in hell.