Milton Friedman (December 26, 2005)

Uploaded by: CharlieRose
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An hour with Nobel Prize-winning economist Milton Friedman. Friedman discusses his life, his contributions to economics, the Republican Party and his view on the direction of the United States and the world in coming years.

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Friedman even ... ( 1 month ago by mycolebee)

Friedman even points out a danger we should be concerned about right now (the only cause for a loss of confidence in the Dollar)
Printing too much money!

Even Republicans ... ( 1 month ago by mycolebee)

Even Republicans are running to socialism now so we can bail out these corporations and banks to get the economy going again.

Bush is a flaming ... ( 1 month ago by mycolebee)

Bush is a flaming Republican. He's confused on economics and bewildered by complex issues.
No more simpletons in the White House. Vote Obama '08!

Unfortunately, you ... ( 1 month ago by stealthswimmer)

Unfortunately, you are correct.
=(
Many Republicans, especially the neo-conservatives, have been imposing their social morals on the people while abandoning capitalist views and supporting a more socialist system. Many Republicans these days aren't capitalists.
=(

Array ( 1 month ago by bighitter42)

Explain yourself.
Bush has increased the size and scope of the federal government on an astronomic scale. He rejects free markets. He has no respect for individual liberty, instead turning to government to solve our problems. Sounds like a leftist to me.
His(and McCain's)positions on most issues are remarkably close to those of Obama. Get a clue...take an economics class...and stop voting to steal my freedom.

I Agree!Mc Cain is ... ( 1 month ago by zsylvana)

I Agree!Mc Cain is a Communist!We must stop this guy and vote Obama!

Your mission, if ... ( 1 month ago by teddymarvelle)

Your mission, if you choose to accept it, is to continue facing and fighting the beast through acknowledgment of the true realities occurring here and your refusal to be the pawns of the dark agencies. Each truth you accept shall make you strong. Each one you teach of the truths shall make you all stronger. In the end, it will be fine. If you do not choose to accept the mission then all I can say to you ismea culpa, mea culpa, the die is cast.

What a great man! I ... ( 3 weeks ago by iwanagaa1919)

What a great man! I wish that Friedman were here to advise the politicians of 2008. Of course, no prominent politician in 2008 is smart enough to listen to him.

"There never would ... ( 3 weeks ago by klaptongroovemaster)

"There never would have been a Great Depression if there hadn't been a Fed."
Best line in the whole interview!

No, it is ... ( 3 weeks ago by TimeWarp66)

No, it is absolutely substantiated fact. Look at the increase in unemployment in the areas in which the government mandates a minimum wage. It is "support for one set of workers at the expense of the others."
Fail.

Plenty of countries ... ( 3 weeks ago by BigDeanoSyd)

Plenty of countries with minimum wage and regulations on market forces have low unemployment...pretty selective with your 'facts' there aren't you!...minimum wage for all IS support for ALL workers!! It doesn't necessarily have to impinge on profit for employers, or create inflation...
'Fail' back

that, bighitter, ... ( 2 weeks ago by cubencis)

that, bighitter, should be the real criticisms of george bush- but it would be too self incriminating , so people would rather call him 'flaming' or some other name calling- which isn't an argument or a critique.

well they want ... ( 2 weeks ago by cubencis)

well they want keynesian economics, deficit spending, huge new powers to the fed, and redistribution of wealth- unless george bush does it- in which case it's grounds for complaints---

You'll notice the ... ( 2 weeks ago by bighitter42)

You'll notice the person I said that to never responded. Just another zombie repeating the party line, not understanding the ideas that drive policy, nor why those ideas are better than the other side's. Whole lotta cool-aid drinkers out there on both sides and it tears me apart to watch it ruin this country.

"only one thing ... ( 1 week ago by blakeada999)

"only one thing would cause them to dump American assets: inflation". And what are we doing now? Printing a lot of money to pay for assets priced only by their sellers (reverse auction).

Im actually ... ( 1 week ago by rl0u8888)

Im actually confused and hope someone would explain this concept to me:
I come from a very liberal High school and my econ teacher this year says that Bush cutting taxes was a horrible thing to do, especially in the time of war. and has increased deficit spending and national debt.
Why then does friedman think its good?

milton is the man! ( 1 week ago by newworldorder08)

milton is the man!

Coz it made deficit ... ( 1 week ago by gromph86)

Coz it made deficit even bigger, and that is an decreasing FED interest rates and inflationary action. And what can be the outcome of too low interest rates, and bank loans for everyone I think U can see by Yourself

And of course I ... ( 1 week ago by gromph86)

And of course I wanted to say that i do not 100% aggree with Milton. Although I think he was without a doubt a fantastic person. Champion of free economy as it was said at the beginning. And my concernes are just technicals, not clouding the whole libertarian disciple image of Milton Friedman.

Isnt bigger deficit ... ( 1 week ago by rl0u8888)

Isnt bigger deficit bad? And one of the reason why we are in this crisis is because the banks were loaning everyone carelessly with low interest rates. I still dont see why friedman would think that this is a good idea.

I'd be thrilled to ... ( 1 day ago by entelekhia)

I'd be thrilled to know what Friedman would have to say about the economic crisis

What specificlly ... ( 10 hours ago by CrowdPleeza)

What specificlly did Milton Friedman advocate that led to this crisis?

Did Milton ever ... ( 10 hours ago by CrowdPleeza)

Did Milton ever advocate subprime loans?

Alright. I thought ... ( 31 minutes ago by CrowdPleeza)

Alright. I thought there was some sarcasm with your question.

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