18:10 the reason is simple: the general interest is diffused among millions... the special interest is concentrated 31:04 it will take more than a recognition of danger. Freedom is _not_ the natural state of mankind; it is a rare and wonderful achievement 42:39 what do you think would happen [if we suddenly allowed free trade]? .... What do you think people who sold the goods would do with the dollars? Eat them? Let that sink in!
description says "Historically, it was feared that democracies always self destruct when citizens, forgetting that you cannot remove want and misery through legislation, insist on government actions that physically and morally bankrupt their nation." Does this sound familiar guys??
Friedman was simply an advocate for the billionares. Notice how he never advocated for free markets in sectors that benefit the rich e.g. road and infrastructure construction because he is okay with the masses being taxed to build infrastucture that benefit the rich more than the poor. But when it comes to public housing, he is against tax dollars being used to build affordable housing and letting private enterprise raise rents. If Friedman is against government intervention and for free enterprise, then let truck owners and train operators build their infrasture, for all we know, the average motorist doesn't use the highway as much as corporation like Amazon do.
The principles Milton discusses in this series are timeless, as he says in this video. The application of the principles may change with circumstances, but the principles remain valuable.
How GREAT to relive these ten episodes. I was enthralled by Free to Choose back in 1979 when it first came out and have read the accompanying book several times. It was very influential to me personally. Would be GREAT if it were redone. MUCH thanks for posting!!!
Too bad Murray Rothbard didn't have a "Free to Choose" series still...gotta love this time capsule...Too much agreement between the two parties both love war and welfare, and we more of each...Ron Paul 2024
AWESOME!!! absolutely awesome series and the best episode of the lot. Milton Friedman what a man he was, and I'm so glad that even though I wasn't even born at the time that I got to see this and to know of him.
For each government spending program, there should be a tax rate added to cover that cost. Our total tax rate would be the sum of these per-program tax rates. Then citizens would actually approve in a meaningful way, that this government program is good at this price. And since it's based on a rate (rather than truly fair head-tax), those who spend more will pay more in taxes.