Milton Friedman on Donahue - 1979

[@jerrykco]

I never thought I liked Donahue, but this was so much better than any of today’s talk shows.

[@nickcurran3105]

Donahue could not be further from Friedman politically and philosophically, but he conducted this interview with respect, allowing Friedman to develop his arguments without constant interruption. Wonderful.

[@edanderson8413]

I think Phil learned alot

[@silikon2]

It's true, Donahue does a great job of hosting someone he clearly grossly disagrees with. That's a very good thing for a host of a talk show. As to their views, yes it's hard to avoid the conclusion that by and large Donahue wants to run everybody's lives. Essentially, it's hard to avoid the conclusion he thinks the average Joe is as stupid.

[@sudind]

This is the only Donahue I've watched, never could've guessed. Damn.

[@jodi183]

@@sudindDonahue was always this way. I grew up watching his show after school in the 80s.

[@philwalkercuriousmind]

Totally. I know it's cynical but I'd imagine on any mainstream channel today the interviewer would more likely try to trap and defame him to make him look unreasonable.

[@wk3820]

Daytime TV sure has declined in 40 years. From this to The View.

[@coda700]

I totally agree. The view hosts wouldnt even let him speak. While I don't agree with Donahue's politics, much respect to someone who let's the guests speak regardless on how much or little they agree and shows much respect. There was no tension here. Classy exchange between the two.

[@Redmenace96]

I'm 53 this year. Donahue helped people understand. He had KKK members on his show! I'm not down with Phil's politics, either. But he brought integrity and intelligence to daytime TV. Helluva guy.

[@dang1861]

Hey, there's always Jerry Springer

[@guyfromdubai]

You can blame the marketplace, people want to watch the view, we just have to give them something worth more to their time and their desire to watch than that.

[@Rahab111222]

@@guyfromdubai People want to watch the view because train wrecks are always entertaining.

[@ken-nf2eg]

Thanks to the PBD podcast I watched this. I never heard of him and wow this man is speaking the truth

[@andremcmillan1504]

PBD is boss!

[@needwhippin]

i came from his podcast too lol. this is amazing. i wrote a paper in college about how substances being illicit are against our constitutional rights and it was weird to present but opened my classes eyes

[@ST-eg2tx]

Watch thomas sowell

[@staley1776]

@@ST-eg2txYou took the words out of my mouth

[@lighthouse4161]

PBD is modern day Phil. He talk to anyone.

[@brantkim]

Over 40 years old and Friedman's comments on energy, inflation and the government are still relevant today.

[@minenotyours6906]

That's solely because the same people are still in office especially Joe Biden

[@joeblogs6598]

Because the organization of human society has not changed: We still have a government.

[@theQuestion626]

@@joeblogs6598 we also have the market that contributes to government failure. This notion that the government is some kind of bogeyman is ridiculous. The failures of the market are the reason why society has decayed and such a fashion. History will not be kind to Milton Friedman, and in fact history has proven that not only was he wrong he was abysmally wrong.

[@joeblogs6598]

@@theQuestion626 You are very silly. Without a market, there is no food, houses, energy, anything. The market is what produces life. The government conversely produces nothing at all, it taxes (theft). Without government, the world continues. Jog on statist fool.

[@henresearch]

Milton Friedman was bl**dy wrong.

[@09rja]

Whatever side you are on.....where the hell is TV (like this) today?

[@katoom-ju6vo]

Exactly

[@AnthonyMonaghan]

On KZbin?

[@marekctvrty]

@@AnthonyMonaghan precisely, intelectual darkweb embodies this perfectly

[@edwardhoulton8725]

09rja I was just thinking that

[@dang1861]

We would rather watch The Goldbergs or Blackish

[@emanwe01]

I have to say, this is the best antagonist interviewer I've ever seen. He throws hardball questions while remaining perfectly respectful and friendly to his guest. Bravo, sir! I wish we had more talk show hosts like yourself today. On another note, this is my first exposure to Milton Friedman, and I have to say why have I never heard of this man before!

[@richardmilliken8705]

Anyone that took micro-economics 101 & macro-economics 102 in college, has heard of Milton Friedman & Thomas Sowell.

[@MrsRanchoFiesta]

Phil Donahue was respectful, but still petty enough to withhold even polite chuckle at Friedman's funny anecdote about his name

[@Junior-nt5nr]

​@@MrsRanchoFiesta I don't see why he should force a laugh if he didn't find it funny. How is that petty?

[@stratolestele7611]

Donahue made many snarky and disrespectful comments to Dr. Friedman in his interviews with him.

[@tuckerbugeater]

@@stratolestele7611 Oh well. Friedman blew a lot smoke and evangelized an economic doctrine that could never exist. Now we're stuck with a technocracy that's more powerful in manipulating the public than any government.

[@InsertNameHere73894]

1979: "As a college professor, you can say exactly what you feel and believe". 2018: "The professor hurt my feelings". (Subsequently fired).

[@L37H4L]

Caught that too, also noticed how nervous Phil was in an earlier interview. He either had a lot of respect for Milton personally, or the office he held, or more reasonably both.

[@jeronimotamayolopera4834]

SAD.

[@whitedevil4122]

That jumped out at me as well.

[@logueraps]

It depends on what the professor believes, like two genders, ya they’re going to fire him for stating facts.

[@margenkola6779]

I disagree that professor should be fired for the case you proposed but, from an economic point of view, in most cases, it is the students money that allows professors to have a job. if college students didn't pay for their education there would not exist professor jobs. so it only makes sense that if you offend the person who is feeding you trough the flux of money into the school bank account, you better watch what you say to that person or be ready to find a new job. ( also in 2019, a lot of students are wussies, but for the most part well behaved, so I'm exaggerating a little.)

[@ewallt]

It amazes me how quickly Friedman responded. He never had to stop and think, but immediately had well reasoned explanations with examples on the tip of his tongue.

[@madmartigan9442]

It’s easy when truth and facts are on your side. No contradictions will make responses and understanding easy.

[@futurethinking]

@@madmartigan9442 One thing last 40 years show that he had never had facts on his side.

[@ongobongo8333]

@@madmartigan9442 but he didn't, the last decades have proven him dead wrong. Keynes was correct.

[@orthodoxedeter1657]

@@ongobongo8333 How so ? Because I’m pretty sure those last decades actually proved him right

[@bicualexandru246]

@@ongobongo8333 Also quite curious how he was wrong ... the last few decades have been nothing more than corporations hand in hand with bigger and bigger government to make monopolies and restrict the economic freedom of the average individual.

[@jimbojones19_78]

Freedom is not fairness, and fairness is not freedom, for someone has to decide whats fair..........✌🏽

[@DSL-33166]

Freedom is joyful wisodom, and its not handed out like candy , its a state of mind. It's not a state handout, ('CHARITY) and certainly not finding a job ('WORK' ) it goes beyond that

[@cornydad]

This is what critical thinking, free will and individual sovereignty looks like

[@helloitsmehb]

At the expense of many. These only work when all humans are born alike

[@DSL-33166]

What bugs me, Milton thinks freedom is the ability to buy and sell, like its the only freedom that matters, total whitewash of c@pitalism's faults. Despite the rhetorical logic he uses, which is quite sound within the constraints of the rules of the game of capitalism, i just don't buy it, it doesn't go far enough, but he's a good salesman

[@richmotroni]

This is back when you had actual adults exchanging ideas without screaming at each other. Amazing what one learns with a civil discussion.

[@rokyericksonroks]

“In any event, I’m not in favor of fairness, I’m in favor of freedom and freedom is not fairness. Fairness means somebody has to decide what is fair!” (37:18)

[@FrankCoffman]

"I'm not in favor of fairness." That's the essence of Friedman's heartless mentality -- his indifference to creating a more just society. Yes, "somebody has to decide what is fair." So? That's what we human beings have to do everyday. His attitude is incomprehensible, except to sociopaths.

[@FrankCoffman]

@@Mangoré1885~ What are you talking about? I didn't say everyone is equal. I'm not arguing for a utopian vision. Just fairness. I guess you're against fairness.

[@FrankCoffman]

@@Mangoré1885 ~ WTH? Take irrelevant, hateful, sociopathic rants somewhere else, please.

[@acsiata]

@@FrankCoffman Who decides what's fair or not and for who should things be fair ? Your notion of "fairness" reminds me of 2 wolfs and a sheep voting on what's for dinner. The wolfs surely think it's fair to eat the sheep and they also had a fair democratic vote on the matter. I find nothing more sociopathic then people wanting the power to decide for others.

[@FrankCoffman]

@@acsiata ... sigh...

[@sethgoldberg]

what an honest, direct and at times blunt discussion. like a breath of fresh air. imagine anyone having anything remotely close to this on CNN or FOXNEWS today? we're on fast track to idiocracy

[@myideas8548]

I am not on the side of Donahue's political views (understatement) but he was a very decent and honorable man and I really appreciate these shows..

[@jdstarek]

I never adhered to Mr. Donahue's perspective....but I always respected his ability to conduct an interview in a professional way. Today's hosts could take a lesson from Mr. Phil Donahue.

[@AvidiaNirvana]

Yeah, those days are long gone! Sad to say I think the future is very dark indeed!....

[@adolfcritler4299]

I titally agree! The fundamental difference is this: modern tv hosts in general try to argue AGAINST their guests. But Donahue was great at presenting the host with questions, in answer to which the guest can argue by himself FOR his position. And not AGAINST the host.

[@jdstarek]

ice_hawk10 I agree 100%. There actually once was a time when people with opposing views could sit and discuss issues in a civil way. I also have the utmost respect for Phil...nobody has come close since (and I don't even agree with him).

[@countchocula2169]

jason starek he's trying to take control of the conversation the whole time. I don't respect him that much at all

[@jdstarek]

Count chocula Well, I can see your point. But I also like that Phil acts as the viewer at home. He's pleading the case that the viewer would make if they were there to speak with Mr. Friedman. Essentially, If Milton simply pontificates it falls on deaf ears. But if Phil attempts to debate him and ask the questions that less knowledgeable people would ask, Milton is presented the chance to persuade the viewer. I have no doubt that Phil doesn't agree with Milton, and likely wont be persuaded. But the viewer at home who might instinctively take Phil's stance (due in large part to focusing on intent rather than outcome) feels that their argument or stance is being presented. In this way I'd posit that Phil's antagonistic interviewing style actually did more to open viewers up to Milton's point of view. This, of course, only worked because Milton was afforded the respect and opportunity to fully present his argument and fully respond to questions. This would never happen today. Very few people today actually engage in debate. Mostly our media is a political circle-jerk designed to indoctrinate and misinform, or a cock-fight where people sling strawman arguments and ad hominems at each other for rating. You should check out the Rubin Report.

[@LynnTharp1971]

I'm amazed at how relevant what Dr. Friedman said in 1979 is today.

[@Toxxaluvier]

+Leno1971 You know when he said Chrysler should be allowed to go broke? My eyes popped. You mean this company has been receiving government welfare since the 70s? We need to divorce ourselves from this nanny approach to the market place where everyone gets a ribbon for trying. No subsidies, grants, stimulus etc. Level the playing ground and let us all compete instead of stealing someone else's money to reward failed businessmen.

[@logmeindangit]

Leno1971, Milton Friedman's underpinning logic is timeless, just as the 1850 book by Frederic Bastiat is still very relevant. Both relate to the human condition and how difficult it is to prevent tyranny, both financially and personally, when we organize to manage ourselves as a society. Government is a dangerous vehicle for managing a society, but the alternative, anarchy, is even more chaotic.

[@Seaby41]

Personally I'm terrified

[@Malignus68]

Forty years later and he's just as relevant today as he was then. Why? Because we didn't listen to him.

[@netwonc]

Actually, we did implement his programs and now we have a fascist economic system. Socialism for corporations and capitalism for the rest via legislation. MAGA

[@happinessisafulltank]

Just bought Free to Choose a few days ago and am loving it so far. So succinct, so clear, so sensible. Every high school and/or college student should read it

[@richardbas7574]

@edwardschlosser1 100%. Best economic books ever written. And far more than simply economics.

[@zacoolm]

Does it natter to what your freedom to choose is doing to humanity outside the usa is doing? What does it mean to you that the average family pays 45% of its income to banks or landlords? Milton Friedman was an evil man appointed by the ruling class.

[@1who4me]

You need to read Thomas Sowell too

[@sidhu139]

what about 3rd graders?

[@YourBestFriendforToday]

@@sidhu139 Tuttle Twins has some good books. They even have one about Inflation. Their cartoon show has Friedman in an episode about Inflation

[@TeachAManToAngle]

“It’s becoming our master instead of our servant.”

[@beaconterraoneonline]

We need about 10,000 Milton Friedman’s teaching in this country.

[@alexguerrerobustamante4626]

hola, desde Perú! Hernando De Soto Presidente 2021

[@benchavis1624]

What state university would hire them? Most professors are liberals. Conservative are discriminated against in state universities.

[@srenheidegger4417]

Lol you're living in a neoliberal cesspit, basically the world friedman envisioned. It's lovely, isn't it?

[@RaineriHakkarainen]

Milton Friedman his favourite country was Chile! Chile tried this free economy and now Chile is only 58th richest country in the world!

[@fuzyfuzfuz2]

Agreed!

[@marcphillips4593]

Hats off of to Phill D. He had Milton on his Liberal show and gave him a fair interview.

[@blaq7427]

The good thing about Donahue is that while he was liberal he didn't try to brow beat you with liberal ideology like Bill Maher does with his show. Donahue simply conducted an objective interview. Donahue is sorely missed in this day and age of Jerry Springer and Maury Povitch

[@marcphillips4593]

Bill Maher is a very funny pain in the ass.

[@cosmokramer1987]

+SUPERSPORTS Donahue was the last of what real journalism and interviewing was.

[@logmeindangit]

Maher's ego, his condescension and foul mouth are to me like watching angry sewage. I can't enjoy humor from someone whose values and ideology are that far from mine.

[@gocelinedion]

The liberal talk show hosts today would never do that

[@ryanauker1144]

Powerful statement, saying, that ”you are often influenced by the people you hate more than anyone else”…that actually might be true!

[@nesdanziger3741]

One thing I love about Friedman is that he explains ideas so simply that helps me personally understand his ideology, and think how I never did before.

[@DSL-33166]

Who do you think they keep bailing out those too big to fail, what about the revolving door , the committess, commisions, fink tankz, etc etc, the whole compass and ruler clique, only little c0mpanies are allowed to go broke, because they dont matter, free enterpr1se as milton conceives it as this universal panacea is a f@nt@sy red herring, and milton knows this, milton knows the m@sters will never lose c0ntrol, they 0wn the guv, they set the rules, they reap the rewards, they have every side covered. They don't NEED anything , they have everything, practically, they just need your subservience, allegiance, and total faith in the system

[@crimmind]

Notice something here. Just like media and academia of today, Donahue is a leftist/communist in his heart. But here he is having Friedman on his show. Treating him with respect while challenging him. Listening to him. I don't think I can identify a situation like this today.

[@drewcohen8237]

Sadly that is all too accurate.

[@Ken-iu2zp]

Donahue is not a communist. Lol. Stop exaggerating bro. Everyone who's a leftist isn't a communist. In fact, most leftist are not communist.

[@crimmind]

@@Ken-iu2zp Try reading my comment. The point was that Donahue was polite. Not that he was a leftist/communist.

[@Ken-iu2zp]

@@crimmind Are you alright in your head sir? You said Donahue is a "Communist in his heart". Are you alright?? You're not right in your head. I read your comment and cited back to you a statement from it. Rather than saying "Yes, I did say that" You as a grown man is sitting here saying You did not day that. You're too old to be playing word games like this.

[@crimmind]

@@Ken-iu2zp We are dealing in a matter of opinion. I see Donahue as a typical bleeding heart communist at heart. You don't. Fine with me.

[@jalalasif3898]

No matter how many times I watch this, all I can do is think to myself what a legendary Economist Dr. Friedman was. The breadth and knowledge of his expertise was simply unparalleled!

[@joeybodnar]

"You've got that wrong, dont you know that the best always comes last" brilliant. He is always so quick, never misses a beat.

[@samanthagirikhanov2796]

It was at that moment we knew Phil didn’t have a chance 😂

[@seanleith5312]

I don't think Ralph Nader is sincere. All democrats are the same, Bill Clinton, Al Gore, Osama, even JFK, they all sing the same song they themselves don't even believe.

[@tablogloid]

That little intro book cove joke was cute but it was not spontaneous.

[@divinegon4671]

@@tablogloid I can imagine too that he had that response locked and loaded

[@Thingsandcosas]

Never Mises a beat…lol

[@martinjames4293]

I really enjoyed the interview. These were my favorite parts: 17:05 “You’re not talking in terms of what the consumer really wants as judged by what he’s willing to pay for, you’re talking in terms of what you think he ought to want” 22:57 “One of the problems of our society is that by having all responsibility assigned to the government we have removed the pressure on individuals to be responsible for themselves” 32:46 “When you’re part of a team, and the team decides on something you don’t agree with, you either go along with it or you quit. I would rather stay on the outside where I can express my own views” 37:18 “I’m not in favor of fairness. I’m in favor of freedom. Freedom is not fairness. Fairness means somebody has to decide what’s fair”

[@Wisdom122]

A few minutès listening .. and I respect him greatly already. He is pure professionalism, kindness and integrity .. you can feel it.

[@loripower7819]

And all based on solid principles.

[@DSL-33166]

Thats a very uncritical approach, the constant appeal to emotions is exactly why milton position is not favoured in todays climate. Hence the era of resentment and mass demagoguery, on that point i dont disagree with what Milton is saying. Yeah solid principle, logic, is what milton presents, he's not appealing to warm feelings....but much like the other modes of society he decries, his society would be nice in theory, with not so nice consequences, maraheshi fooled the beatles . milton fools the conservatives. I dont care for tautologies, i dont worship c@pitalism, maybe i could be convinced, if it were proven to me it is the supreme mode of life, but milton doesnt quite convince me, and thats a good thing, skepticism is healthy, because theres an underlying absurdity of c@pitalism , that cannot be whitewashed by rehetoricians, and why i feel AND think this way would take too long to explain in one comment

[@orbithesun1]

When I hear Milton Friedman speak, it's like music to my ears.

[@canyoudoit2]

i like how he seems to smile when he knows hes making a good point.

[@elgeneralxx]

did you poop your pants scenario

[@elgeneralxx]

pooped toilet real estate agent

[@elgeneralxx]

in 1979 everybody had smelly urine

[@jillianthomas9208]

Milton Friedman died in 2006. I miss him dearly.

[@frankhenry587]

You can find him anytime you want. Just GO TO HELL

[@nathanc5621]

@@frankhenry587 keep up the hateful talk. The smart people need leftist buffoons by the millions to keep the massive unintelligence at bay.

[@nathanc5621]

@BAA4002 English/Español yeah, Frannie and Freddie caused it .. once again government involved.

[@frankhenry587]

@@nathanc5621 and when capitalism collapses whatcha gonna do??? Already in Denmark the interest rates for mortgages is in negative territory ie the banks pay you to take out a mortgage. amerikkka isn't far behind with mortgage rates at like 3 percent

[@nathanc5621]

@@frankhenry587 Thank you for making my point for me. Nothing. Do nothing,other than encourage growth, charity,and lift ad much regulation as humanly possible. Let things fail to give birth to the new. The Phoenix from the ashes. The Danes are idealized on both sides of the aisle for being precisely the model of what not to do. Ironically perfect example.The murdering of innovation, personal achievement, replacing it with a massive welfare state that will crumble far surer and with greater lengths of time to recover than true free markets. Why do you think the US is atop of the world still? Don't tell me, greed right? Or maybe resources as one naive college student told me? Is it just a coincidence that the world's millionaires come out of the US over 70% of the time? These are new millionaires mind you, over 8 million of the 10 million come from brand new wealth. It's been that way for the last 2 centuries. It's still the least regulated economy relative to others in the 1st world.

[@risingsunist]

What a brilliant man Professor Friedman...way ahead of his time...timeless wisdom and so humble...just live him

[@rodrigo445678]

He is one of the most brilliant minds to ever live in this planet.

[@logmeindangit]

Milton Friedman, not Phil Donahue. Just clarifying...

[@tuirfghfhg1787]

he is the god of greedy wannabe billionaires brainlets, what would I expect from them?

[@carecup809]

@Jay Paul He didn't say it was smart. It's an argument of principle. If you're not jeopardizing other people's lives by not using the seat belt then the Government shouldn't enact a law demanding people to use a seatbelt or having manufacturers forced to produce cars with seat belts. Sure we can argue whether or not a seat belt is a safety hazard for third parties but that's not he point.

[@ExtrovertedCenobite]

@Random Person Like Milton's philosophy regarding the 'shareholder theory' that today 2019 has been proven a failure and has allowed corporations to abuse their trust, become monopolies, destroy family businesses and abuse their workers? Nah, this midget clown was another of a long line of connivers.

[@nathanc5621]

@@ExtrovertedCenobite @ExtrovertedCenobite right, completely leaving out the goverment's role in destroying small business through force of law and subsidy. Friedman just said "Chrysler should be allowed to go broke" . Obama was a corporatist POS. Milton would not be in favor of that at all. Corporatism is not Free Market capitalism. Try again.

[@shivam.maharshi]

What an absolute class act and a pleasant person Milton Friedman was! I'm always mesmerized by the way he speaks :)

[@CSTam-vy7bp]

Never gets tired listening to Milton Friedman 👍🏼

[@williammitchell8247]

I feel like if we had Dr. Milton Friedman as President, our country would be in a much better place right now.

[@RaineriHakkarainen]

Milton Friedman favourite country was Chile! Chile tried this free economy and now Chile is only 58th richest country in the world!

[@PappaTom-ub3ht]

@@RaineriHakkarainen "only"? 58th is quite good when competing against western nations. from the wiki on chilean economy "The country is considered one of South America's most prosperous nations," So evidently it does work.

[@carecup809]

Milton Friedman is the most fascinating human being I've ever heard. He is my hero.

[@excellenceinanimation960]

Same!

[@norcalreppin1]

Him and sowell. My mentors heros idols

[@dang1861]

@@norcalreppin1 Mine, too, and my liberal friends don't know what to say when I tell them that as a Republican, I have a black man as one of my heroes.

[@norcalreppin1]

@@dang1861 tell them republicans freed the slaves. Fredrick douglas was a republican, first black congressman was a republican! Majority of the kkk in goverment where Democrats. Look up kkk in goverment on wikipedia. Use that against them!

[@romanmaroni1972]

exactly

[@RustyHeels06]

Hammering the fairness doctrine at around the 36:00 mark. Absolutely brilliant with crystal clear vision. Where has this sound reasoning gone in politics today?

[@latinxl416]

+RustyHeels06 Economics and politics don't mix. Hell, even Thomas Sowell, another noted economist has stated that governments rarely pay attention to what economists say or think. It's the classic thinking that government knows best even when it clearly doesn't.

[@SSs-ch4ey]

Government is about power not doing right by the public

[@RatatRatR]

I'm not sure how you guys miss the fact that virtually everything the government does is to please the billionaire businessmen that grease their wheels and fund their election campaigns.

[@IM-wq2gj]

Wow the respect from don even though he disagreed. A pro. Asked some questions so Milton could explain his position. Asked some tough questions to challenge his thinking like he should. Overall a great show. Our “journalist” of today or moderators should take note. And that’s ducking sad

[@heathkitchen4315]

I am as impressed by this man’s intellect as I am when hearing Beethoven’s music.

[@PayNoTax-GetNoVote]

Western civilization, not anarchist, jungle beats? How racist!

[@scottm8579]

Donahue may have been a liberal, but he was a nice man. Today leftists wouldn't let Milton on their show if he paid them.

[@agricolaregs]

Scott M like most leftists, you can tell Donahue hasn’t ever really even thought of these things, but I agree, he was a nice guy.

[@paulcolburn3855]

Exactly right, they would NEVER allow people like him on their show. It would be a non-starter.

[@jamesanthony5681]

"Donahue may have been a liberal, but he was a nice man."? The two are not mutually exclusive. It IS possible.

[@donaldthesavage1288]

James Anthony Right, he’s just contrasting Donahue to modern liberals.

[@nandosupes5858]

I'm a libertarian, Donahue does a great job here even when I don't agree with his political views. Unfortunately we don't have this grade of television anymore.

[@heithwatkins]

I wish we had old school liberals like Donahue. These were real conversations , that really mattered

[@phenomenalfemale524]

Freedom is not fairness. This is to be paused and let sink in. This man has a lot of wisdom. Why have we learned so little since 1979? Last question from caller was the best!

[@DaveBegotka]

I watched this in 79 i was 13 and have always remembered some of the stuff he says....too bad nobody listened and now we are efffed

[@lisamoag6548]

I listened then and now. A lonely longtime listener and observer. Appalled by the outcome at this point.

[@Triple_J.1]

@@lisamoag6548 the problem is, Friedman did not go far enough to destroy the fundamentally flawed view that acting in your own interest is "selfish" and "selfishness" is condemned as evil. Ayn Rand did a far better job at upending altruist ideology. And laying the foundation that Capitalism is the only moral economic system, as a free market is not based on theft or force.

[@kenbrohere]

This should be required viewing in every high school in America.

[@oldschool250]

Freedom is not about fairness or especially anyone's feelings. Life is what you make of it, not what you get out of it for free.

[@dsvet]

Why Economic Freedom? Here's Why kzbin.info/www/bejne/ip-2Y4Kqr7iHp5I

[@Individual_Lives_Matter]

And adversity is not oppression. The far left thinks it is.

[@oldschool250]

@@Individual_Lives_Matter Of course because they were taught " what to think " not " how to think. "

[@jumbojet8]

"Obviously too much GOVT" - 1979 "HOLD MY BEER!!!" - 2021

[@thomasbarchen]

Hold my Bud Light 2023

[@danhammond8406]

2024- hold my keg.....

[@gabeh7923]

"Hold my hogshead!" --2024.

[@jcbll7233]

Too much government in 1979...wow

[@BKrandy0]

Too much government always.

[@SkillUpMobileGaming]

Friedman would end up doing years in therapy if he were here today to see how horribly we have fallen as a nation.

[@SkillUpMobileGaming]

+rxp56 The Left has changed so much since the very early 2000s, and you can not deny this. They have now openly supported Communist and Authoritarianist policies at rates so much greater than the earlier 2000s. Utopian Ideas such as "equality", "redistribution of wealth", "tax the rich", "gun control", and so many others have increased supply. Neo-Marxism has become popular. The Schools and News Media have become much more left-leaning.

[@patrooney88]

SkillUp Gaming not even remotely true. None of the legacy media is left leaning.

[@ProlificThreadworm]

@@patrooney88 look who gets demonised on cnn, deplatformed by patreon and social media.

[@Ziffel22]

It is so nice to be taken back to a time when an audience was so respectful of viewpoints that they didn't necessarily agree with. Today people would be screaming, blowing whistles, rushing the stage and throwing things at the speaker. Civilization was a great thing.

[@wwc51450]

Then along came the "Woke" movement, otherwise known as the "progressive" movement or the political left. What's next? Authoritarianism or totalitarianism?

[@expsterm1]

Friedman would be shouted down on college campuses today. How times have changed.

[@WhatsTheTakeaway]

He was shouted down then. Remember, this was AFTER the 60s academic capture by communist lefties.

[@brianarbenz1329]

That's because college has been ruined by Milton Firedman's economics, as have health, housing, and the environment. What's changed is that people are now wise to the fraud of supply side, greed-run capitalism.

[@NeoJinn]

man i am so smitten by milton. he makes me feel like i understand issues that i didn't before. i freaking love this guy, its so fascinating b/c his ideas go against instinct, but once he explains them they make so much sense !

[@jminnehan]

I am with you. I watch Milton videos non-stop. Very very smart and the best teacher I have ever heard lecture. When I watch his talk at Hillsdale just months before he died I cry.

[@romanmaroni1972]

@@jminnehan same. I listen to him the way people listen to music

[@freegeorgia4808]

It's intuitive as well. His points on inflation are relevant today.

[@usayeed727]

He’s probably my favourite scholar from the 20th century. Minds like this rarely come along.

[@SusanH4626]

Wish Mr Friedman was still alive today! What a brilliant human being!

[@stephenpoole6415]

I can’t believe there was a time when a conversation like this even happened. Amazing.

[@PayNoTax-GetNoVote]

The Left and their cohorts in the media won't allow it. They must shout down any opposition. Talk like this MAY open their minds.

[@rokyericksonroks]

As the world’s richest man, Jeff Bezos can buy anything he wants. He bought The Washington Post.

[@royortiz6815]

This to me a civil discourse. A way to discuss topics of disagreement without being disrespectful. Agree to disagree if need be.

[@IamDoogy]

Phil did a great job with professor Friedman! He was very fair to him. I was pleasantly surprised. Credit where it’s due.

[@whosays2153]

Mr Freedman has a very good understanding of human nature, which affects every system we have or tried to build.

[@frankvonfrauner]

Because he's honest about his own motivations and doesn't pretend like he's one of these angels that we need to run all the Socialist states. He's a dangerous man, and he's letting everyone know he's not the only one.

[@ivalemfana]

I come back here time to time for such wisdom.

[@possumfriend2335]

One of Milton's students was a young Thomas Sowell, another great.

[@phoenixrising4073]

I love Sowell. It's amazing to see a former Marxist convert into someone who believes free market principles (as anyone should.)

[@newwavex8665]

Both started out as marxists, but then started looking at a empirical data.

[@travisn2875]

Amen. Thomas Sowell rocks and I've learned so much of him. On a related note, RIP Walter Williams.

[@oskaveli662]

What's incredible is Sowell left Friedmans course still a Marxist, it wasn't until he actually worked in the government that he realized how wrong he was.

[@RonaldKragnes]

PBD Podcast and Valuetainment brought me here. ;)

[@carlosvipe2765]

I love freedom and responsibility and do admire this man's principles so much.

[@AC-sq1gt]

I never get tired of Milton Friedman

[@scottl6384]

"I am not in favor of fairness, I am in favor of freedom.", Milton Friedman. Talk about speaking truth to power!!!!

[@paul_bellini]

Alt-right radical, Milton Friedman, as far as the New York Times is concerned.

[@stormz1243]

Paul Bellini yep. They’d call him a fascist for wanting people to be part of a free market economy.

[@lucasl9632]

the same new yorl times that called him “great economists’ economist”

[@logueraps]

You gotta understand the New York times has come under siege.

[@bademoxy]

anyone who opposes Gulags for capitalists is "alt right" in 2020

[@fatmanpedaling]

The nyt is obsessed with Friedman. They try to tear him down and embarrass themselves

[@johndavidsohn2388]

Genius - we miss Dr Friedman today badly

[@soundfxboy]

This interview could almost have been had verbatim yesterday (with the exception of the the airlines and President Carter). We still haven't learned.

[@chemtrooper1]

6 years later from your comment and this man is a prophet.

[@andrewslater8317]

Uploaded over 5 years ago and only 68,869 have viewed it. The lack of curiosity or awareness of a leader in economics and its application to our present lives is pathetic and telling.

[@peterdarlington4117]

Andrew Slater I have never heard of him until now I just happened across the video there are a lot of people out there saying the same things now that he was saying then the problem is ignorance is blissAnd we have a whole society that acts upon emotion rather than logic and reasoning

[@xallthatremains8339]

It's one of the major reasons why America is in so much trouble right now. Not only from a complete lack of interest in the important information displayed in this video but a lack of economic and financial education as a whole

[@defmensoin]

Over 10 years now and it’s sitting at just under 300k. Perhaps at the beginning of the period it was primarily a lack of curiosity/awareness. I wonder now how much that has been exacerbated by a concerted effort by leftist media and companies like google (with loaded algorithms) deliberately driving the viewers away. At the time of this writing, I am floored by now numb the populace is at large. With access to the greatest minds and the greatest technological advances ever created, instead of asking why things are the way they are now, people choose cat videos and the latest booty-shaking videos. I believe we are headed for war. Regardless of outcome, I believe the 2020 election results will be used as an impetus for violence. That is why now in 2019 there is the frantic scramble to disarm the people. Never mind single motherhood rates, psychoactive drug usage or mental health epidemics - the guns must be the problem.

[@x1x2x125]

Its the yt algorithm duude

[@MichaelSpeaksHisTruth]

Sourjyo Deb KZbin wants to dumb us down with their algorithm

[@bwizzle4194]

This dude is a fucking genius

[@neomacchio4692]

Phenomenal interview and very appropriate in today's election context. Thanks Prof Freidman!

[@elizabethdepalma9371]

Oh my God! Love love love Milton Friedman!

[@MediaBuster]

More people should watch this.

[@davegray7206]

40 years ago, and he's as topical, and as accurate, as he was then.

[@tubester4567]

He would have a heart attack if he was alive in 2008 when the government bailed out everyone from Wall Street to Auto companies, and gave everyone stimulus checks. lol

[@rogersan5]

That show was really marvelous: thought-provoking questions, funny moments and deep humane questions.

[@socialmaven3346]

I SO MISS MILTON FRIEDMAN!

[@Fanofou82]

Frustrating to see Donahue and even most of the audience be on the other side of Friedman on most of these issues, and 40 years later nothing has changed. It's insanity, Einstein defined it as such.

[@Catcrumbs]

No he didn't.

[@jamesanthony5681]

Donahue is a journalist. He's challenging Friedman on what he's written and what he believes, playing devil's advocate like any good journalist. He's not there to be a cheerleader or sycophant.

[@tellmemoreplease9231]

@@Catcrumbs Yes he did... Just one example, We now have hundreds of gun laws (federal and state) on the books, and nothing has changed. Maybe worse. 99.999% of the population are law abiding citizens, burdened by all this BS. Doing the same thing (and more) and expecting a different outcome is the definition of insanity.

[@Catcrumbs]

@@tellmemoreplease9231 No he didn't. If he did, you would have replied with a source demonstrating that, but you didn't, because he didn't…

[@TheRatesMusic]

I was just a kid when Donahue was on, but looking back I can see he was way ahead of anything that has come since, except Jon Stewart. He listened and when he challenged it was rationaly based. If more people, left and right, were like these two we might get somewhere.

[@chica476]

This is in general of televised interviews. Just look up William F Buckley's interview with Thomas Sowell. In it, there's a feminist lawyer and a self-proclaimed socialist. They all get on well enough, except for the self-proclaimed socialist who seemed intent on rhetoric rather than dialogue. Search for it on YT, you'd be surpised how civil everything is.

[@Halfsteptheory]

John Stewart is a comedian, and he regularly bashes people from one side of the aisle, while throwing softball questions to the other side. I would like to see someone who treats both sides the same, but sadly there are none in the media today.

[@TheRatesMusic]

Stewart has a left bias, sure. So did Donahue. But he's less prone to exageration, hyperbole and taking things out of context - he roots for a side but he doesn't try to help them IMO

[@Halfsteptheory]

If that's your opinion, you're either on the same side he is on, or you're not paying attention to his show. I will give him credit for taking a tougher stance on liberals over the last year or so, but before that, he was a complete suck up to them and only had bad things to say about the other side.

[@TheRatesMusic]

wingchisao I'm not on any side, maybe that means I can be more objective about it.

[@Davidpromaster]

This is brilliant! This is time capsule worthy! Humanity in one video!

[@DA-uz8qb]

Milton Friedman has such a dynamic, principled mind. I love listening to him talk.

[@davidbryant3223]

thank you for posting this - while this is still possible.

[@AlteraLin]

"Well fortunately, one of the great fortunes of being a college professor is to say what you believe." Oh, how times have changed.

[@klasseact6663]

Never heard of Mr. Friedman before but this guy is measured and SMOOTH!

[@michaelwayne7887]

Hearing the music and seeing the lead-in film sequence brings back so many great memories of Chicago in the late 70s. Awesome city.

[@rokyericksonroks]

Crumbling under the weight of corruption, graft and extortion, Chicago lays in ruins in 2019.

[@michaelwayne7887]

@Heyutube Kissmyass Or to go back for a day or week at a time. Like a vacation. That would be unbelievable.

[@jeffreybmulder5807]

Good God, I was thinking the exact same thing.

[@andrewm142]

I am surprised this has not been banned by KZbin for hate speech... what a fine human being Dr. Friedman was.

[@georgesykes394]

Give it 6 months!

[@theQuestion626]

Why would it be banned…? Always enjoy watching Friedman fall on his face with rhetoric and dogma instead of actual concrete analysis while he masquerades as an actual scientist.

[@ronnieedwards5550]

Please explain where Friedman falls on his face.

[@theQuestion626]

@@ronnieedwards5550 at no point in his rhetoric-filled, ideology driven diatribe does he even remotely answer the question nor does he back up what he says with anything resembling proof. I’m sure you can clarify what I’m missing, Ronnie…?

[@waynemizer4912]

@@theQuestion626 Did you even listen to the same interview?

[@jaypee389]

A good man.

[@livewithinyourmeans]

Thank goodness he allowed Milton Friedman to speak even though Donahue did not seem to agree with him. We as a people can be trusted to choose. May God bless Milton Friedmans words to be heard by all who need to hear him.

[@myndwork]

I'm 35. No tattoos on my body. Yet. Milton Friedman, you're getting inked on my left arm boi!

[@aspiringretard]

ayyyoooo

[@peppyblonde12]

I had the same idea. I love this man

[@dsvet]

Murray Rothbard would be better

[@American_Liberty]

@@dsvet they are both worthy.

[@tracyleighbasham]

😂

[@creativepower213]

One of the greatest minds to ever walked this planet.

[@rokyericksonroks]

Manu Che N. Sure, Phil Donahue was a nice guy, but you go too far.

[@DaDitka]

Right around the 33:30 mark, he talks about how we cannot quickly get out of a mess that took us years to get ourselves into. Not only do I think he's spot-on right, but it is for this very reason why I don't think we can ever get ourselves out of the mess we find ourselves in today. First, because people in general simply do not have the patience to endure a long-term plan. Second, people in general don't like pain, and the solutions are going to be painful. Especially since the pain would last a long time. Third, because there are always competing visions for how things should look, and those who came up with the good, painful plan to get out of this mess cannot stay in power forever. Unless there is a massive and major change in the attitudes of the people, I cannot see any reason to believe that we will change the course we are on, which eventually will lead us over the cliff. I hope I'm wrong.

[@magnum3282]

Brilliant beyond words!

[@robsharpton3096]

I don't agree with Donahue on many things but i have a lot of respect on how he conducts himself and allows Friedman to speak and shoot down many of his premises. Its a fair open conversation that disappeared from TV and can only be had nowadays on the internet. I think we were a smarter population back then and more able to hear viewpoints that we didnt agree with. These days the new college bound generation are so unable and unwilling to hear anything that challenges their ideas of the world.

[@agiftedrighterdotcom]

Lmao Main Man Milton. Love how he comes out at 00:42 with the corny theme, his hair all disheveled just not giving a fuck. Smh what a fucking boss.

[@jamaaldaynitelong8367]

That's the confidence of knowing you're the smartest man in the room.

[@AvidiaNirvana]

Wish we had more like him today....

[@kikolas1978]

Who could debate like Milton Friendman, be sooooooo well versed about most subjects, challenge both the question and then argument, and then still show respect to his contendants, event after having left them with poor and nosense arguments…

[@scotthartig4521]

Friedman was such an erudite thinker and advocate of liberty. And hat’s off to Phil Donahue for conducting a great interview, despite his profound disagreements with him.

[@elgeneralxx]

Scott you smell like Turf grass

[@sobhhi]

I wish TV was like this today. I would actually watch

[@gmonkey808]

Friedman was an amazing man. This in the days when a host had a conversation with their guest.

[@michaelangeloright704]

The Solutions to the Government is it's Citizens. Milton Friedman

[@lithoman]

This was when Television was good. I miss the good ole days.

[@thomassenbart]

This was great! I remember watching Donahue every day after school, for interviews just like this one and then Oprah came and ruined everything.

[@Sonogr4]

WOW, A blast from the past & nothing has changed. RIP PHIL.

[@jamesb95]

In case you didn’t see it in the first couple minutes the show is called Donahue. It would have been hard to miss.