Today’s podcast is “A Call to Service,” episode one of the three-part public television documentary Turmoil & Triumph: The George Shultz Years. Episode one examines George Shultz’s early life, his service as a U.S. Marine, his academic career as a free market economist and his early cabinet posts under President Nixon. Shultz’s experiences give him extensive international contacts and diplomacy skills, critical experience for what lay ahead. Listen now.
Archives: Episode
Episode 155 – Free To Choose 1980 – How to Stay Free (Podcast)
Democracies have only recently been considered desirable. Historically, it had been feared 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. Milton Friedman explains why the United States has so far avoided this outcome and how we can continue to do so. Today’s podcast is “How to Stay Free.” Listen now.
Episode 154 – Free To Choose 1980 – How to Cure Inflation – Discussion (Podcast)
In today’s podcast, Milton Friedman is joined by other guests at the University of Chicago. They discuss some of the ideas presented in the documentary segment of “How to Cure Inflation,” part of volume nine of the ten-part public television series “Free To Choose.” Listen now.
Episode 153 – Free To Choose 1980 – How to Cure Inflation (Podcast)
Inflation results when the amount of money printed increases faster than the creation of new goods and services. Money is a ”token” of the wealth of a nation. If more tokens than new wealth are created, it takes more tokens to buy the same goods. Milton Friedman explains why politicians like inflation, and why wage and price controls are not solutions to the problem. Today’s podcast is “How to Cure Inflation.”
Episode 152 – The Cuban Missile Crisis Revisited: Phase 3 (Podcast)
In today’s podcast, when President Kennedy was confronted by the Cuban Missile Crisis in 1962, he formed an executive committee to assist him in deciding on a course of action. Twenty years later, Professor Richard Neustadt interviewed General Maxwell Taylor to reflect on Taylor’s key role on that committee and in the Cuban Missile Crisis. Here is “The Cuban Missile Crisis Revisited: Phase 3.”
Episode 151 – The Cuban Missile Crisis Revisited: Phase 2, Part II (Podcast)
In today’s podcast, we present part two of a panel moderated by Richard Neustadt with four members of President John F. Kennedy’s executive committee–Robert S. McNamara, George W. Ball, McGeorge Bundy, and U. Alexis Johnson–as they reconvene twenty years after the Cuban Missile Crisis to reflect on the lessons learned. Here is “The Cuban Missile Crisis Revisited: Phase 2, Part II.” Listen now.
Episode 150 – Free To Choose 1980 – Who Protects the Worker? – Discussion (Podcast)
In today’s podcast, Milton Friedman is joined by other guests at the University of Chicago. They discuss some of the ideas presented in the documentary segment of “Who Protects the Worker?,” part of volume eight of the ten-part public television series “Free To Choose.” Listen now.
Episode 149 – Free To Choose 1980 – Who Protects the Worker? (Podcast)
Unions and government both try to protect workers but it usually comes at the expense of other workers. Both end up restricting freedom. Milton Friedman explains how the competition of employers for the talents of workers leads to the highest wages and best working conditions. Today’s podcast is “Who Protects the Worker?” Listen now.
Episode 148 – The Cuban Missile Crisis Revisited: Phase 2, Part I (Podcast)
In today’s podcast, twenty years after the Cuban Missile Crisis, Richard Neustadt moderates a panel of four members of President John F. Kennedy’s executive committee–Robert S. McNamara, George W. Ball, McGeorge Bundy, and U. Alexis Johnson–as they reconvene to reflect on the lessons learned. Here is “The Cuban Missile Crisis Revisited: Phase 2, Part I.” Listen now.
Episode 147 – Free To Choose 1980 – Who Protects the Consumer? – Discussion (Podcast)
In today’s podcast, Milton Friedman is joined by other guests at the University of Chicago. They discuss some of the ideas presented in the documentary segment of “Who Protects the Consumer?,” part of volume seven of the ten-part public television series “Free To Choose.” Listen now.