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TAKE IT TO THE LIMITS: Milton Friedman on Libertarianism

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Wow Donald Trump mentioned even in this Listen, I’m not voting for the man but he is without question one of the most famous and consequential people in human history
Comment from : @Josh-hz8vz

The interviewer is very polite and poised, demonstrating good sense Bravo And Friedman is superbly eloquent
Comment from : @rockeazymatt

A book on the drug war featuring essays by Milton Friedman and Thomas Szasz is a classic
Comment from : @nicmart

Beautiful two-step away from the Thalidomide example
Comment from : @leobueno5546

I can tell that Peter is still young and energetic, just look at his hasty responses For major corporations, to monopolize is much better than to work hard Privately owned companies can be as bureaucratic and corrupt as governments It was too late for Milton to amend his ideas so he had to adhere to it
Comment from : @theodorlee

Wait Government is bad, everything is privatized, yet we save the payment of taxes Why?
Comment from : @yesmayhem

Wow, I didnt realize this was such a long running show, That much the better
Comment from : @SpaceCafeNewsMusicComedy

Very naive arguments First, regarding FDA, the idea is to prevent harm, not sue after the fact Many libertarians really believe money solves everything "just sue and make them pay" sure, but my leg is already gone Secondly, regarding the example of airline safety, there is "ample evidence", as mr Friedman puts it, that airlines cut corners and skip processes All his philosophy is based on after-the-fact action That is no comfort for anyone No amount of money will restore a dead person or a ruined life While I agree that government s far too large, there is a key role for it to play as an impartial arbiter, who does not stand to gain or lose from transactions prevention is a mighty powerful tool to keep society functional Reaction is a sure road to chaos and endless litigation with dubious outcomes As for the difference between libertarian and liberal, Libertarianism is predicated on the assumption of a certain amount of wealth by individuals, such that they don't need social services, which is a total disconnect from reality an are completely self-centered and reaction oriented Liberals are socially conscious and focused on prevention, broad improvement of conditions, trying not to leave anyone behind Whether Liberals are successful or not is an issue of execution, not philosophy
Comment from : @franciscotoro9454

Would there be an entry fee or user fee for Milton Friedman’s private central park?
Comment from : @djmcnerney

He was so tiny
Comment from : @spencerd9325

Thank you ❗ 👍 💪
Comment from : @dmitriy131

how eye opening!brbr(and he had that Casio calculator watch—to keep track of how much taxes could be saved with his proposals, lol)
Comment from : @ToMaTo_78

State power against the criminal is very necessary
Comment from : @A--

We have no need for nuclear technology and we have agreed to stop developing building and sharing nuclear technology to begin to address global nuclear cascade
Comment from : @markcampbell7577

We don't have labels that are accurate about contents There is no self interest in putting dangerous ingredients clearly on the label
Comment from : @markcampbell7577

We are not taking care of our people and parks Public parks are a public place and safety is a product of criminal wages allowed and unprofessional teaching methods in public schools Society has created a dangerous population desperate for money
Comment from : @markcampbell7577

23:50 If you are made dictator for one day
Comment from : @DJTrulin

I wish Milton Friedman had a full-time job on the view
Comment from : @railbart

this is gold! brLearn a lot
Comment from : @giaosudau

It's simple: everything and everyone has to work perfectly together forever and it works easy!
Comment from : @ThinkTwice2222

Awww…this was way too short
Comment from : @dianareddell1496

Capitalism is no utopia, but it's the best system that has made the world so much more liveable
Comment from : @Chuby_ubesie

Westerners often criticise capitalism because of the industrial revolution, forgetting that it's the bedrock for their current prosperity
Comment from : @Chuby_ubesie

Friedman was so much smarter than most people I could listen to him all day
Comment from : @danmorell8240

Oh my, Peter in his younger years
Comment from : @lwiimbokasweshi

Will somebody please interview Peter Robertson?! The man has sat at the feet of GIANTS!
Comment from : @jackieo7113

Adam Smith's Wealth of Nations is in the public domain and can be downloaded from Project Gutenberg and searched The printed book can cost you $15 and take a lot of effort to search Has Smith's "Invisible Hand" been used as a propaganda tool for decades since most people would never read WoN?brbrSmith used the word 'invisible' six times but only once as "invisible hand" It is really curious that we hear about the 'invisible hand' so muchbrbrSmith used the word 'education' EIGHTY TIMES We are not told about that Search for "and account" and you will find multiple instances of "read, write, and account", not "read, write and arithmetic" Double entry accounting was more than 300 years old when Smith wrote Wealth of Nations, but 50 of Brits were illiterate and public schools did not exist in 1776brbrThe United States could have made accounting/finance mandatory in the schools since Sputnik Wouldn't that have helped everyone best serve their own self interest? But we do not hear the people who propagandize us about the "invisible hand" advocating mandatory accounting because that might make their invisible rip-offs more difficultbrbrAdam Smith never used the word 'depreciation' in WoN He mentioned paper money being depreciated one time Marx wrote about 'depreciation' 35 times in Das Kapital, sometimes regarding the depreciation of machines and sometimes of money Marx even mentioned Adam Smith 130 times though not much about education brbrConsumers did not buy automobiles, air conditioners, televisions and microwave ovens before 1885 brMarx died in 1883brbrBut it's OK! Our brilliant economists do not talk about the depreciation of under engineered consumer trash today either Every time you buy a replacement the purchase is added to GDP What about NDP? Oh sorry, when do you ever hear an economist explain NDP? That's OK too, they only depreciate the Capital Goods and ignore the depreciation of consumer junk anywaybrbrWealth of Nations has probably been in the public domain for a very long time but cheap computing did not make it available in Project Gutenberg until 3/17/2001 Milton Friedman died in 2006 Was Friedman giving us the straight dope on economics or treating us like a bunch of dopes for decades?
Comment from : @psikeyhackr6914

Everyone should read "The Road to Serfdom" It's a PITA the way it it's written with ponderous run on sentences etc But at it's core, Hayek lays out what the government should do, the amount of intervention it should do and the perils of an ever expanding bureaucracy as well of the failings of socialism I agree with most of his points The government should do just enough to protect the people from nefarious actors in society and overseas and only intervene in people's lives in times of extreme strife When it becomes too big, too involved, it becomes the nefarious actor
Comment from : @johnbaker6125

Over 1 million views and no comments arguing against what he said Unbelievable!
Comment from : @Thingsandcosas

What a Legend!
Comment from : @rafewheadon1963

I wonder why this man who worked in research universities his whole life thinks that everything in the government should be scrapped, except research spending, which is tricky and should probably continue for reasons he can't explain in detail
Comment from : @chippyprice1993

Isn't school a child labor?
Comment from : @samaradella

Man, I love the intro So cool👌🏻
Comment from : @hitokiridm

Great interview I noticed Milton didn't need narrated editorial sidebars to get his point across I didn't expect him to advocate for the institution of carbon credits That blew me away Peter did a good job in this interview, too Didn't step on Milton, allowed him all the time he needed to explain his position and was very receptive Discourse like this is the missing piece in modern politics
Comment from : @jblox1990

❤❤💖💖💕💕
Comment from : @meherbabaisgodinhumanform3090

Wow I had no idea how long Petes been doing these amazing interviews with the Hoover Institute What a pleasant surprise
Comment from : @teakettle7021

I agree, but we have created adult kids in this country so limited government may never happen
Comment from : @mavrolos4728

I wish everyone could trust Mr Friedman on this He's right, he's always been right, but nobody seems to care America has become unrecognizable
Comment from : @owenbanks2089

That motorcycle was a little bit funny
Comment from : @superdog797

Is there a full version of this talk?
Comment from : @Alikalkandelen

I love this interview, it was done so well
Comment from : @ReadingOcelotl

Peter Robinson sounds so different in his recent interviews
Comment from : @rvp1073

Had he been living in our Covid times he would have been described as a conspiracy theorist
Comment from : @MarioBishara

Such a phenomenal interviewer
Comment from : @coastercritic287

3:47 no, if it was privately owned it would be another high rise condo
Comment from : @TheGimpy117

This was a television program? Good luck finding anything of this quality on the tube today
Comment from : @dustinharford8454

Bike helmets don't safe lives Well not necessarily, on balance Primary cause of death in motor cycle crashes, without helmets, is head trama That leaves one heart, two kidneys, one liver, possible lungs lobes, that can save at least four other sick people by transplantation! Four lives saved is better than one life l o st
Comment from : @jonahtwhale1779

Atlas Shrugged! Judicial, Defense, Domestic disputes
Comment from : @standardm4tt

Revisted 1/02/2021
Comment from : @aagmayank

If central park was privately owned, you'd have to pay a $7 fee to get in
Comment from : @harrison325

😯I thought gnomes were myths
Comment from : @williamflamenco5059

THAT "LEATHER" JACKET IS QUITE NOISY AT THE BEGINNING
Comment from : @MR-eg3xc

Guy lived to 108 years old! RIP
Comment from : @boanerges6886

The greens? Libertarians? Man back to the future
Comment from : @SamtheIrishexan

I disagree on medicine - missing limbs is not something you can compensate with money - medicine should always be thoroughly tested and made probable to be non harmful before put on market! (just like the covid vaccine cough)
Comment from : @dkvikingkd233

Limited government is a beautiful idea
Comment from : @Andman8210

One word "fantastic"
Comment from : @abhishekdev258

20:34 Cabinet Remodeling
Comment from : @zadspecial

Ben Carson ✔ gone US Department of Housing and Urban Development
Comment from : @ss9756

FDA Regulations: b*exists*/bbrMilton Friedman: I'm abouta ends this mans whole career
Comment from : @kek397

Libertarians are the like the 3 year old child who comes to play chess and just trashes the whole board
Comment from : @god5535

This was needed Thank you
Comment from : @2tirefire79

ty for all you do
Comment from : @A_New_Yorker_Lost_In_Florida

old man a punk anarchist over here bruh
Comment from : @elian958

Will you shut up and let the man speak?
Comment from : @millerforester3184

Your edited in, post interview comments are ridiculous You would have been better served if you could’ve thought on your feet DURING the interview and afforded Milton the opportunity to scorch your wisdom lacking points Silliness
Comment from : @greglitteral4802

If Milton Friedman had a country I’d have migrated there in a second
Comment from : @EZPZMAGA

This was a great interview But I am sorry, but libertarians are nuts LOL and I’m friends with a few
Comment from : @shaunmcgough7227

Not much of a question between you, the motorist, and the insurance company But you and your life cuz you know, 60 fatality rate
Comment from : @tuongpham7609

Wait Wait it's 2010 and someone mentions trump I am genuinely surprised at how popular he was pre2016 elections
Comment from : @tuongpham7609

The good old days when America lived for it’s own utopian philosophy
Comment from : @EntonDelMonte

I wish I could hear his comments on the 3 waves of quant easing
Comment from : @joofbing

Imagine if he lived to see the coercive gov today!
Comment from : @shmuelliberman1244

So abolish the FDA? Absolutely brbrHis conviction is legendarybrbrI share his views on the housing and urban development 💯 Sell the units for $1 to the inhabitants Great idea
Comment from : @mikewilliams4947

Robinson has been a great speaker for so long His line of questioning is often directed towards giving the guest an opportunity to flesh out their thoughts Robinson is a master of interviewing and a glimpse of hope during a time with such poor, futile, and/or malicious attempts at this style of journalism
Comment from : @milagroman75

Milton Friedman is a bad bad personbrLibertarianism doesn't work It will concentrate wealth and power on a few people and will suck the live out of workers
Comment from : @rahall7611

Up until the early 20th century the only government official any British encountered was the postman
Comment from : @andrewegan7011

What would he make of liberties in 2020
Comment from : @andrewegan7011

Why would you edit an interview like this and cut out sections? Every minute should be shown!
Comment from : @AtlasRandGaming

His social economic theory is senseless and only creates oligarchy and a dog eat dog society, there's no such thing as small government but government needs to transparent
Comment from : @jaaksavat7916