Milton Friedman - The Great Depression Myth
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Uploaded by LibertyPen on Mar 25, 2010
Milton Friedman explodes the myth that the Great Depression was produced by a failure of private enterprise. http://www.LibertyPen.com
Source: Milton Friedman Speaks
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Top Comments
All Comments (772)
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The fact is, no matter what institution man creates to resolve a problem, there will be those who will game the system to their own advantage. Mr Friedman never seems to address this in many of his so called "logical" explanations. What he does manage to get across is that many well intentioned agencies are eventually manipulated by large business and financial institutions to benefit the powerful and screw the economically weak.
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'Private enterprise has no press agents.'
Right. Because it owns the press.
1 day ago 3
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The nose picking is distracting.
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This is idiotic! The Reserve are the banks!
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Common now, we don't have a HUGE workforce, our population is that of Holland. We just want to live in peace. But I agree, we have to act smarter.
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Why not too much ?
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@jrooksable yes im aware. i said that because there are people on here arguing over religion. im not taking that as evidence for anything so what the fuck are you talking about?
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Well, let's just agree that a bit of Friedman could do well on greek economy. But not too much. At least in the public sector.
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Milton Friedman=The Truth
Jamespot24 1 week ago 16
strange... i didnt hear him say anything about religion. i wonder why then we have some assholes on here debating it.
sandman3697 1 week ago 13