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 …
Dead Wrong® with Johan Norberg – Attack of the Cash Machines (VIDEO)
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 …
Dead Wrong® with Johan Norberg – Does Tech Contribute to GDP? (VIDEO)
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 …
Dead Wrong® with Johan Norberg – Global Inequality – Rising or Falling? (VIDEO)
A More or Less Perfect Union – COMING IN 2019!
There’s never been a better time to talk about the Constitution of the United States of America. From college campuses to our borders to Washington, DC, today, our Constitution is under assault on all fronts. Many of us aren’t embracing the rights we have; free speech is endangered and, through action or inaction, challenges face all three branches of government. In Fall 2019, Free To Choose Media will release A More or Less Perfect Union to public television stations nationwide. The documentary is an extraordinary three-part series, hosted by Judge Douglas Ginsburg – a national authority on the Constitution, with 30 …
Episode 11 – Milton Friedman Speaks – Putting Learning Back in the Classroom (Podcast)
The quality of public education in America today in many places is in a clear downward spiral. Dr. Friedman identifies the increasing centralization and bureaucratization of the educational establishment, which inhibits educators from seeing and responding to the needs of their “consumers” — parents and students; He also touches on our altered view of the relationship between the individual and society— the shift from seeing the individual as responsible for oneself to seeing the individual as someone controlled by social forces. An obvious solution is to give power back to the parents. Could the voucher system be a means of …