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.
Tag: Milton Friedman
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 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 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.
Episode 146 – Free To Choose 1980 – Who Protects the Consumer? (Podcast)
Various government agencies have been created on the claim that they will protect the consumer. These agencies restrict freedom, stifle innovation, and become agents for the industries or groups they are intended to regulate. Friedman explains how the free market and competition are the best protection for consumer interests. Today’s podcast is “Who Protects the Consumer?” Listen now.
Episode 144 – Free To Choose 1990 –The Failure of Socialism – Discussion (Podcast)
In today’s podcast, Milton Friedman is joined by guests Dr. Gordon Tullock of the University of Arizona and Dr. Henry Levin of Stanford University for an updated discussion of some of the ideas presented in the documentary segment of “The Failure of Socialism,” part of a 1990 update to the ten-part public television series “Free To Choose.” Listen now.
Episode 143 – Free To Choose 1980 – What’s Wrong With Our Schools? – Discussion (Podcast)
In today’s podcast, Milton Friedman is joined by other distinguished guests at the University of Chicago. They discuss some of the ideas presented in the documentary segment of “What’s Wrong With Our Schools,” part of volume six of the ten-part public television series Free To Choose. Listen now.
Episode 142 – Free To Choose 1980 – What’s Wrong With Our Schools? (Podcast)
Today’s podcast is “What’s Wrong With Our Schools,” volume six of the ten-part public television series Free To Choose. Parental choice in children’s education is consistent with a free society. Centralized government control has adversely affected quality of education. Milton Friedman advocates vouchers to solve the problem. Listen now.