Friedman on Capitalism and Freedom 10/4/2006

Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost 50 years ago in Capitalism and Freedom. Listen to the most influential economist of the past 50 years discuss the principles of liberty, social responsibility of business, the inertia behind bad legislation and his career as economist and public intellectual. www.econtalk.org/friedman-on-c...

[@d23wilson]

The best programme ever made!
One host, with passion, and humility that is humbling to the listener.
Guests of the greatest minds in their respective fields…Milton F. The pinnacle, the greatest example of how good this shows guest list is.
I have been listening to the econtalk podcast archives for the past 7 years. Some episodes maybe 20 times or more. With the listening and learning from each different episode, you find when you listen again, you learn more of what is being said, then what each reference may mean, then how it all hangs together at a higher level…then when you can understand all the ideas, and arguments and become to question or doubt, or find when the guest s purely theorising ….you realise the depth of knowledge being spread requires so much listening, and then you even more apparent you have only scratched the surface.
The programme remains the same after 15 years…same format, same humility with a bit of cheekiness. Classical stuff.
Ps. My fave era was around 2008-2010, where there was special interest in and around the monetary system. So many people from and around the Fed banks.

[@RockRacer1982]

Was this interview truly done a month or two before he died?

[@timsession6736]

Two days short of 6 weeks, he died Nov. 16th 2006.

[@curb_shifter]

33:00 only took about 15 years...

[@gf31415]

One of the great minds of the 20th Century. Read him to find out what is wrong today and how to fix it tomorrow.

[@warholcow]

Milton Friedman is a classical liberal.

[@sociallyhostileelement3425]

@@warholcow, the word "liberal" means something very different in that context than what it means in the US today.

[@tradways]

Economic literacy…
Is paramount, and the politicians are counting on it! Keeping the people stupid is preciesly how politicians are able to shaft the piblic for personal gain. Even worse, are the politicians that are BELOW the avg national intelligence levels yet theyre making the policies (generally based on single scope emotional responses).
Ignorence can be fixed thru learning, stupidity (most often ignorence by choice / willingness to stay ignorent… laziness)