Milton Friedman Speech

I understand these videos are long, but they are well worth it. Donohue tries time and time again to stump Milton and he not only provides excellent answers, but answers that could not be delivered more eloquently. It is shocking that nearly all of the topics covered in this debate are still being discussed today. I lost track of the number of times I said "Fuck Yeah!"

Props to Happypants for bringing them to my attention.

Enjoy!

Comments (23)

12y 
Warhead, what's your opinion? Comment below:
Midas Mulligan Magoo:
Repeal the New Deal.

Period.

Forget the New Deal...the GREAT SOCIETY was many times more expensive

I also love the way Milton Friedman makes things easy for most people to understand...though I'm afraid sometimes he oversimplifies things, but I always do agree with his statements even when he does.

Best Response
12y 
Midas Mulligan Magoo, what's your opinion? Comment below:
Warhead:

Forget the New Deal...the GREAT SOCIETY was many times more expensive

There's more to a price than what's written on the sticker. Roosevelt's de facto destruction of the Supreme Court combined with the entitlement mentality birthed by the New Deal have cost America a lot more than any federal government social(ist) program du jour ever could.

EDIT: Shame on anyone with SB in tow for not hooking Gekko up for posting these vids. My mistake in that regard, stands corrected.

12y 
monkeysama, what's your opinion? Comment below:

Read Griftopia

Taibbi rips Mr. Greenspan a new asshole.

  • 1
12y 
econ, what's your opinion? Comment below:

As a huge Dr. Friedman fan, let me urge people to also check out the "Free to Choose" series (I particularly love the debates at the end of each episode).

Milton's PBS Documentary/Series "Free To Choose"

Like Gekko said, many of these topics are just as relevant today, as when the series was made. RIP Milton.

  • 1
12y 
veritas14, what's your opinion? Comment below:

A brilliant man, who also had a humble and gracious personality. Very charitable (intellectually and philanthropically)

Not a political hack like Paul Krugman.

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
12y 
Hayek, what's your opinion? Comment below:

George Stigler (another great Chicago economist who focused on industrial organization and micro) had a great quote -- "All great economists are tall. The only exceptions are Milton Friedman and John Galbraith" (Friedman was around 5'3"; Galbraith was ~6'6").

12y 
jimbo_slice, what's your opinion? Comment below:
Hayek:
George Stigler (another great Chicago economist who focused on industrial organization and micro) had a great quote -- "All great economists are tall. The only exceptions are Milton Friedman and John Galbraith" (Friedman was around 5'3"; Galbraith was ~6'6").

http://www.mskousen.com/images/trio5300w.jpg

Funny picture that goes with that quote.

12y 
Nouveau Richie, what's your opinion? Comment below:

Bloody. Fucking. Brilliant.

“Millionaires don't use astrology, billionaires do”
12y 
Gekko21, what's your opinion? Comment below:
LeveragedFiend:
MF is my idol. It's too bad that sentiment is lost in today's liberal vs. tea party clusterf#$k

I was just amazed at how calm both men were. You could see Donahue getting frustrated because I think he realized he was losing, but both men didn't raise their voices and stayed calm....something that doesn't exist in today's debates.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
  • 1
12y 
happypantsmcgee, what's your opinion? Comment below:
Gekko21:
LeveragedFiend:
MF is my idol. It's too bad that sentiment is lost in today's liberal vs. tea party clusterf#$k

I was just amazed at how calm both men were. You could see Donahue getting frustrated because I think he realized he was losing, but both men didn't raise their voices and stayed calm....something that doesn't exist in today's debates.

Someone really needs to email this to Bill O'Reilly

If I had asked people what they wanted, they would have said faster horses - Henry Ford
  • 1
12y 
Gekko21, what's your opinion? Comment below:

I will. Dude went to my HS. I like most of what he has to say, except that he is sort of an asshole in real life...actually asshole is the wrong word...its more like a Big FUCK YOU...Im a self-made man, keep your hands off my money.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
12y 
D M, what's your opinion? Comment below:

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"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
12y 
Blank999, what's your opinion? Comment below:

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