Episode 14 – Milton Friedman Speaks – Equality and Freedom in the Free Enterprise System (Podcast)

If the government has the power and responsibility to promote equality of income, then how do we define the concept of equality? Jefferson, in his Declaration of Independence, meant equality before the law, a concept necessary precisely because people are not equal in tastes, values, or capacities. Later, equality came to mean equality of opportunity—the chance to run a fair race. Within a free market system, both definitions are consistent with other values: Efficiency, justice, and liberty. More recently, equality has come to mean equality of outcome. Equality of outcome cannot be mandated, cannot be insured. Any serious attempt to …

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Episode 13 – Milton Friedman Speaks – Who Protects the Worker? (Podcast)

Unions offer protection to workers in some situations, but union membership represents only one fifth of the American labor force. And while some unions do benefit their members, it is generally at the expense of competing workers and frequently at the expense of the consumer. Government? Government provides some protection, but its efforts are minor. Some workers with only one possible employer—or with no possible employer— enjoy very little protection. The right answer to the question “Who protects the worker?” is that the worker is protected by employers; by the existence of other employers who can and will compete for …

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Episode 12 – Milton Friedman Speaks – Who Protects the Consumer? (Podcast)

Consumer legislation doesn’t protect the consumer in the end. Rather, it benefits the consumer advocates, including reformers, special interest groups, and regulatory agencies. What does protect the consumer? Alternative sources of supply at variable prices are the inevitable result of international competition—free trade. Milton does not mince words when it comes to his perception of the matter, “These agencies, these regulations, these bureaucrats have not only picked our pocket but they have left us less well-protected than we were before. When we as consumers really need help, we will find the self-styled consumer advocates conspicuous by their absence. Now let …

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Episode 9 – Milton Friedman Speaks – The Energy Crisis (Podcast)

It’s pointless to try to predict the availability of adequate sources of energy. What we need is an adjustable mechanism to enable us to adapt to whatever happens. We already have such a mechanism. The market helps us make transitions to the future—just as it has done in the past— if it is allowed to operate freely. Our prospects will be much improved if we can devise means to abolish —or at least work around—the government controls that interfere with the production and distribution and use of energy. It’s not a problem unique to energy, as Milton says, “The problem …

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Episode 8 – Milton Friedman Speaks – Free Trade: Producer vs. Consumer (Podcast)

If free trade is so good, why is protectionism so popular? Part of the answer lies in a simple political principle — interests that are concentrated (those of the producer) are more politically effective than interests that are diffused (those of the consumer). Protection does not create jobs or move goods; rather, it forces us to expend greater effort to get the goods we produce, since they cost more to produce at home than abroad. The balance of payments can take care of itself, provided we do not manipulate foreign exchange markets to put an artificial value on the dollar. …

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Dead Wrong® with Johan Norberg – Is Free Trade Unpopular? (VIDEO)

Free trade is being forced upon us by the elite. People don’t want it and its more unpopular now than ever before. Breathe a sigh of relief because that’s Dead Wrong®. Look past the loud, boisterous minority and get to the facts with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Dead Wrong® with Johan Norberg – China Creates U.S. Jobs (VIDEO)

China is eating our lunch. Chinese imports reduce the number of U.S. jobs and we need tariffs to balance things out. Dead Wrong®. It may appear that way on the surface, but a closer look results in a different conclusion. Find out what it is from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.
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Free To Choose: The Original 1980 TV Series – Now Streaming on Amazon Prime Video!

Milton Friedman’s groundbreaking Free To Choose series brought his ideas of individual and economic freedom to millions in 1980. Now, in honor of what would have been his 106th birthday, we are bringing those principles to even more by making it available on Amazon Prime. His most well-known legacy is now easily accessible, and streaming on one of the world’s largest video platforms.

ifatAbout Free To Choose: The Original 1980 TV Series:
Free To Choose® is the ground-breaking PBS television series featuring Milton Friedman, Nobel Prize-winning economist. These programs, filmed on location around the world, have helped millions of people understand the close relationship between the ideas of human freedom and economic freedom. The interaction between those ideas has created in the U.S. the richest and freest society the world has ever known. Milton Friedman sees this success threatened by the tendency in the last few decades to assume that government intervention is the answer to all problems. In these programs, which first aired on January 11, 1980, Dr. Friedman focuses on basic principles. How do markets work? Why has socialism failed? Can government help economic development? The 1980 version consists of 10 one-hour programs.

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Dead Wrong® with Johan Norberg – Protectionism: Europe vs. America (VIDEO)

Donald Trump used to say that he wanted high tariffs on EU to stop cheap goods. Now he says he does it to punish Europe for high tariffs. “We charge them ZERO, and they charge us 25, 50 or even 100 percent!” But that’s Dead Wrong®, Donald. So how do we protect ourselves from…protectionism? Start the discussion with someone after watching this, with Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.

 

 

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Dead Wrong® with Johan Norberg – Did Tariffs Industrialize the U.S.? (VIDEO)

You silly free traders. You think protectionism is alien and strange. But it used to be the American way. U.S. industries once grew powerful because they were protected by high tariffs. Dead Wrong®. Find out what these tariffs did actually protect from Free To Choose® Media Executive Editor and Cato Institute Senior Fellow Johan Norberg.

 

 

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