Show this video to everyone you know

[CJ]

I hear this crap all the time - tax business, they are the problem - show them this video.



Milton Friedman was one of the most brilliant orators there ever was. It's nothing more than common sense.

[CJ]

A question asked by a Stanford student at a lecture, Responsibility of the poor. He also deals with a heckler.

[CJ]

Here a brainy inquisitor poses a 3 part question to Milton, which he has one of the most eloquent and intellectual answers I've ever heard.

[KBScobravert]

Thanks CJ. Too bad we can't put together enough money to run his lectures 24/7 on all media outlets in America for just a week. Good thing he didn't have to live through the Occupy *insert city* douchebags.

[Forever_frost]

I love Friedman. The man is brilliant

[jw33]

Epic nose pick @1:04 in the first video. Yes, a very well spoken man and I've been meaning pick up a few of his books to read.

I won't post the name of who said the following about Dr. Friedman because it seems to always start a shit storm for any number of different reasons, but he is very highly respected by many who are actually trying to slow down the gravy train.

The death of economist Milton Friedman last week at the age of 94 marks a great loss for advocates of freedom everywhere. He was perhaps the most successful free-market economist of the 20th century, in terms of his real-world impact on politics and policy. Many modern politicians, including Ronald Reagan, considered him a major influence in their careers.

Milton Friedman was a strong advocate of economic liberty who opposed government intervention in both the purely economic and broader social spheres of our society. He believed not only in laissez-faire capitalism, but also the larger cause of individual liberty in the political sense.

I was proud to know Dr. Friedman for many decades, and considered him a friend. I can assure you that he was no ivory tower academic, but rather an engaging and active man who worked very hard to demonstrate the applicability of economics to everyday life.

His death only underscores the sad lack of economics knowledge in Washington, however. Many of our elected officials at every level have no understanding of economics whatsoever, yet they wield tremendous power over our economy through taxes, regulations, and countless other costs associated with government. They spend your money with little or no thought given to the economic consequences of their actions. It is indeed a tribute to the American entrepreneurial spirit that we have enjoyed such prosperity over the decades; clearly it is in spite of government policies rather than because of them.

The truth is that many politicians and voters essentially believe in a free lunch. They believe in a free lunch because they don't understand basic economics, and therefore assume government can spend us into prosperity. This is the fallacy that pervades American politics today.

Our schools teach children virtually nothing about economics and personal finance, which leaves them woefully unprepared for the working world. It also creates whole generations of young Americans who are incredibly vulnerable to the worst pandering politicians.

We cannot suspend the laws of economics or the principles of human action any more than we can suspend the laws of physics. Yet this is precisely what Congress attempts to do time and time again, no matter how many times history proves them wrong or economists easily demonstrate the harms caused by a certain policy. The nation would be well-served if Congress spent more time reading the works of Milton Friedman, and less time worrying about petty party spoils.

[sc281]

I had a thread on the old board ith a compilation of evet video, interview, or tv special i could find of him.

Look up the free to choose episodes on youtube. Goooood stuff.

Thanks for the refresher.

[hotrod66stang]

Great thread. I've heard the name, but guess I'm just too young to really have seen any of his lectures.

@ Keith- It wouldn't matter if America saw this. About half wouldn't understand it or give it a chance because it differs from their credo, a third would agree, and the rest would be too busy playing video games or thinking "this doesn't affect me."

[DON SVO]

Great thread. I've heard the name, but guess I'm just too young to really have seen any of his lectures.

@ Keith- It wouldn't matter if America saw this. About half wouldn't understand it or give it a chance because it differs from their credo, a third would agree, and the rest would be too busy playing video games or thinking "this doesn't affect me."

More like a huge portion of the population would call it bullshit, because believing it would mean admitting that they are worthless, shiftless leeches that won't ever fucking be anything.

[KBScobravert]

More like a huge portion of the population would call it bullshit, because believing it would mean admitting that they are worthless, shiftless leeches that won't ever fucking be anything.

One of these days there needs to be two lines formed; one for the worthless, shiftless leeches and the other for the productive members of society. Make them bring their CV and qualifications to be in the line they chose. One line gets in the cattle car and goes to the showers. The other gets to go to work and live a normal life.

I was taught a long time ago that you are either part of the problem or part of the solution. Or as a business owner once asked me "are you making me money or are you costing me money?"