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The Power of Choice - Milton Friedman

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An excerpt from the biography of Nobel Prize winner Milton Friedman.

Channel: People & Blogs
Uploaded: January 3, 2007 at 10:00 am
Author: ideachannel

Length: 0:06:29
Rating: 4.61
Views: 57,863

Tags: milton friedman nobel prize economics freedom capitalism choice

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Video Comments:
xicocamotl (Thursday 8th of January 2009 07:51:22 PM)
The way to make money is to buy when blood is running in the streets. -John D. Rockefeller
gilbretto1 (Thursday 8th of January 2009 07:29:44 PM)
Explain how you think friedman did such.
zsylvana (Monday 5th of January 2009 07:43:58 PM)
The height of monopoly growth in the U.S. coincided with its greatest period of laissez-faire,or government nonintervention."The Gilded Age" between the Civil War and World WarI),this period saw the phenomenal rise of the Robber Barons and their great trusts (monopolies).John D. Rockefeller monopolized oil under his Standard Oil Company;J.P. Morgan dominated finance;Andrew Carnegie,steel;James Hill,railroads.These men lived for market conquest,and plotted takeovers like military strategy
CosmicFork (Sunday 4th of January 2009 08:15:50 PM)
I reject the premise that there is a Free-Market for ordinary workers in this country. What we have is a Coercive Market. In a Coercive Market the earning power of work and the standard of living of workers declines, while those with economic power gain an ever more unbalanced share of the nation's wealth. Those who preach the virtues of the free market should be the first to recognize that a coercive market is as certain to be destructive as a genuine free market is presumed to be healthy.
xicocamotl (Sunday 4th of January 2009 09:06:24 AM)
Do you guys really believe that having the freedom to choose from 2.500 different models of tennis shoes will make you happier, healthier, wiser or better? All this doctrine/ideology/system couldn't be spiritually more empty. M.F: thanks for making the poor more poor and the rich more rich in our countries.
milfhuntergk (Friday 2nd of January 2009 04:17:10 PM)
yea he did!
martinwer3 (Friday 12th of December 2008 09:57:48 PM)
friedman kicked ass
17Spartacus76 (Thursday 11th of December 2008 09:39:03 PM)
hahaha zsylvana is using a bot or hack to upmod his posts
erikvdln (Sunday 28th of December 2008 11:41:58 PM)
I hope he will be banned for that.
1776Bob (Sunday 23rd of November 2008 09:28:08 AM)
Why do people vote for bad government programs? THEY DON'T SEE THE COSTS. The Federal Reserve is the best way to hide costs, because no one ever complains about the inflation tax. Instead everyone blames the war in Iraq for the high gasoline prices and lawyers or speculators for the rising costs of medicine and housing. Abolish the Fed and reinstitute hard currency and you will have destroyed a powerful practical means for creating poverty that people do not often identify with the government.
 
 
 

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