Milton Friedman In Iceland

Part 1 of 8: Economist Milton Friedman debating and discussing economic issues with Icelanders & Icelandic socialist types in Iceland.  Interesting to see how the same things come about again and again.

Plus ça change, plus c’est la même chose Part V

Milton Friedman discussing Friedrich Hayek’s the Road To Serfdom back in 1994.  As relevant again today as ever. Part 1: Part 2: Part 2 is perhaps the more interesting of the two, especially around the 12 minute mark on.  Friedman points out that experience may be more important than the influences of books or television; [...]

Free To Choose Part 10: How To Stay Free

Milton Friedman on free markets, economics, and freedom. The last in the series, with some advice on how to avoid the road to serfdom. Though reading The Road To Serfdom might be a good way to learn how to avoid it.

Free To Choose Part 9: How To Cure Inflation

Milton Friedman on economics, inflation, and government decisions. Friedman begins the piece by outlining what doesn’t cause inflation, like union wages – which don’t cause general inflation, but union contracts can and do raise prices of individual products; foreign imports – which only cause other businesses to compete globally, but tend to reduce overall prices [...]

Free To Choose Part 8: Who Protects The Worker?

Milton Friedman on economics, the free market, individual choice, and the labor market. One of the first things to consider is something that was mentioned waaay back here (on the old site): Minimum wages hurt the worker.  They protect politicians, who can say “I’m giving you a raise” while they spend employers’ money.  Except what’s [...]

Free To Choose Part 7: Who Protects The Consumer?

Milton Friedman on economics, the free market, consumer choice, and safety. The picture of the staggering amount of regulations cranked out by the federal government as of the 1970s is amazing.  Considering that they haven’t slowed down, it’s almost painful to imagine the number of laws you’re breaking right now due to regulations as interpretations [...]

Free To Choose Part 6: What’s Wrong With Our Schools

Milton Friedman on the application of free markets and individual choice to the school system. Note the responses from the American Federation of Teachers (union) president and the others who desire the current system to continue.  The current disaster is of course, for the children.  Anyone escaping crappy public schools would be bad, and making [...]

Free To Choose Part 5: Created Equal

Milton Friedman on economics, redistribution, the free market and economic equality. Note the exchanges at the end between Thomas Sowell and Frances Fox Piven.  Thomas Sowell being a wise, well-respected economist, and Frances Fox Piven, the mother of Cloward-Piven strategy, which seeks to overwhelm and collapse the state in order to make things “equal” for [...]

Michele Bachmann, The Constitution and the Department of Education

From CNN’s Political Ticker and HotAir: Painting herself as a “constitutional conservative” Minnesota Rep. Michele Bachmann told Sen. Jim DeMint’s forum Monday that if elected president she would look to get rid of the Department of Education, among other things. “Because the Constitution does not specifically enumerate nor does it give to the federal government [...]

Free to Choose Part 4: From Cradle to Grave

Milton Friedman, economics, and government.