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The Normal State of Man: Misery & Tyranny

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Uploaded by on Nov 24, 2009

Professor Milton Friedman gives a fascinating conjecture on the "Golden Ages" of different societies throughout history. He also points out the fundamental flaw inherent in every welfare state.

Excerpt from "The Open Mind" - A Nobel Laureate on the American Economy (1977)
http://www.thirteen.org/openmind/public-affairs/a-nobel-laureate-on-the-ameri...

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  • Listen to his word about Golden Ages ending. Could it be more relevant to today's political environment? Profound.

  • Thanks for posting this! Keep 'em coming!

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All Comments (50)

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  • @OffTheGlass87 Nowhere. 

  • @GenghisCohen1

    Where are you going with this? Where does anyone say to abolish government and government spending?

  • What is the money the state takes to construct itself and defend itself from other states? How would a state exist if it wasn't spending other people's money? If you have a state is it not inherent that people's money is going to be be spent some way or another by other people, as in the people who are running the state (supposedly in the US with permission)? Then shouldn't we decide what to spend it on? And if we are going to decide what to spend it on do we spend it on the people or the state?

  • "They were given freest and fullest range" at the expense of the people already living here. The Athenians were bullying their neighbor states. There have been no golden ages unless you read the victor's account alone.

  • Very good video thanks a lot !

  • @mba2ceo Again, you keep making typos. That should read:

    "[The] WELFARE STATE is a MANIFEST FAILURE. Try Capitalism."

    History yields no other possible conclusion.

  • WELFARE STATE is a MANIFESTATION of the Failure of Capitalism.

  • Is it just me or is there a subliminal picture at around the 3:40 mark?

  • @Supaaafreak What an amazingly arrogant comment!

  • @code933k *yawn* Damn you're full of your own shit.

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