To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question asked is, “Is capitalism humane?” According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is socialism. If we compare the two in terms of results, it is clear that only capitalism fosters equality and works toward social justice. The one is based on the principle of voluntary cooperation and free exchange, the other on force of position and power. In a free economy, it is …
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Episode 78 – Morality of the Free Market (Podcast)
Critics of the free market system often point out that it is an unfair system due to it leaving some with wealth at the expense of oppressing others. What those critics often ignore is that exchanges in this economic structure are voluntary. Each side comes out of the interaction with their desired result. Since the seller is amassing wealth by helping others get the goods and services they need, isn’t that more moral than proposed socialist solutions? When it comes to the relationship between morals and economics, Dr. Walter Williams has this to say, “Unless you believe that there’s a …
Episode 77 – Bruce Ames (Podcast)
Restraint and common sense, urges the inventor of the Ames Test, Professor Bruce Ames. He’s concerned with the exaggeration of the danger of chemical residues in the environment. Can these views be applied to other aspects of our lives? Originally Recorded: 1987
Episode 76 – Friedrich Hayek and Robert Chitester Part 2 (Podcast)
Join us for Part Two of the conversation between noted economist Friedrich Hayek and the founder of Free To Choose Network, Bob Chitester as they continue to discuss American thought and culture, and the ramifications of constant change in American economic and social policies. Listen to how the themes are still relevant today, despite being recorded in over 40 years ago. Originally Recorded: 1978
Episode 75 – Friedrich Hayek and Robert Chitester Part 1 (Podcast)
Does the United States shift its economic policy too quickly? Not allowing enough time for these policies to take hold may be leading to some unintended consequences. Join noted economist Friedrich Hayek and the founder of Free To Choose Network, Bob Chitester as they discuss just that, along with other topics. Originally Recorded: 1978
Episode 74 – William R. Allen (Podcast)
Today’s podcast is a conversation with William R. Allen, a former Professor of Economics at UCLA, and former host of The Midnight Economist radio series. Allen, intent on improving the quality of economic education, believes journalists, politicians, and most teachers don’t understand or choose to ignore the lessons of economics. He is also troubled by the well-intentioned efforts of businesses to promote free enterprise. Originally Recorded: 1987
Episode 73 – Conversations with the Framers – Benjamin Franklin (Podcast)
Today’s episode is the second in our Conversations with the Framers Series, as Douglas Ginsburg, Federal Judge on the U.S. Court of Appeals for the D.C. Circuit, interviews historical reenactor Bill Robling, in character as Founding Father Benjamin Franklin. The discussion jumps from the Constitution to drawing comparisons between colonial life and today’s world. Originally Recorded: 2020
Episode 72 – Conversations with the Framers – George Washington (Podcast)
Today’s episode is a new recording in our Conversations with the Framers Series, featuring Douglas Ginsburg, Federal Judge on the U.S. Court of Appeals for the D.C. Circuit, as he interviews historical reenactor Dean Malissa, in character as Founding Father, General George Washington. This conversation takes a unique look at the process of drafting the Constitution, though Washington’s eyes, as well as a stark realization as to how those original intentions of the Framers have played out through history into today. Originally Recorded: 2020
Episode 71 – Friedrich Hayek and James Buchanan Part 2 (Podcast)
Listen to the conclusion of this conversation between two of the most influential economists over the last half-century, Friedrich Hayek and James Buchanan. Centered around the American Constitution, some of these views remain as controversial now as they did when it was originally recorded, over forty years ago. Originally Recorded: 1978
Episode 70 – Friedrich Hayek and James Buchanan Part 1
Two of the greatest economic minds over the past 50 years, Friedrich Hayek and James Buchanan, sound off in Part 1 of this 1978 recording covering the American Constitution, the role of government, and several other topics. Hear their unique perspectives that still resonate within our society over 40 years later. Originally Recorded: 1978