Milton Friedman Schools Young Idealist - 2 (Stanford)

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Uploaded by on Apr 4, 2011

In this archival Free To Choose Network footage, Milton Friedman takes Q & A at Stanford University. The classic exchange might as well have taken place yesterday. The young man's questions get to the heart of tension between the values of liberty and equality -- a tension that is still with us. Friedman dissolves egalitarianism by pointing out a simple fact: wealth redistribution creates state power elites, not equality. And the fact of coercion remains.

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  • @spec24

    Well that would explain it, but that doesn't explain why anyone in their right mind would vote for someone who is telling you that they are going to cut wasteful spending and then inefficient bureaucracy while at the same time lying to you about it.

  • @Redfingers sorry, I mean WANT those systems in place.

  • @Redfingers Because they won't those systems in place.

  • @ohabey You act as if his policies were implemented. You've been drinking the kool-aid too long. Where is this free market you think exists, genius?

  • You have to work FOR IT! It will NOT be given to you!

  • "if you look at the evidence there is an enormous amount of mobility". Thanks to the policies Milton Friedman defended at the time there is less mobility in the US today than there was before those policies were in effect.

  • The dude in the red Stanford jacket has the best troll face of all time

  • Hayek, Friedman, Ron Paul.

  • @Delivered0ne yes, I concur.

  • Fast forward 35 years and we will see this asshole in a Tent at some occupy wall street protest with his white pony tail and his bag of cheeba

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