Milton Friedman would absolutely shit himself to find out that now we give those benefits to people who are here illegally, whether they qualify or not.
@martypoynter98063 ай бұрын
"We" don't. The damned Democrats do
@yasyas6183 ай бұрын
it’s not just about the absurd benefit hand-outs, or the potential criminality, but rather it is most fundamentally about the simple reality that we are in a DIFFERENT ERA - and in this specific time and place the value proposition of “CHEAP LABOR” is not worth the projected REAL COSTS in the immediate future. what are those real costs? well that’s a much longer and deeper conversation than just hand-outs & crime
@702TifosiGambler3 ай бұрын
@@yasyas618well said so do you still love your country that doesn’t love you? Since your answer is yes..Why😉
@yasyas6183 ай бұрын
@@702TifosiGambler we can not live life through the lens of ABSOLUTES, over-generalizations, and -simplifications it is not “the country”’s fault. there are specific individuals / organizations and the end of all money trails (which is why they prefer to use dark laundry, too)
@kittymedusa36183 ай бұрын
They don’t get welfare or social security.
@eccentricthought45113 жыл бұрын
What a savage he somehow pissed off both liberals and conservatives while making complete sense
@joeschmo79572 жыл бұрын
I wonder what he would make of the situation we see there today. Almost sounds like he would condone it.
@majoredecos9 ай бұрын
Libs and conservatives are clowns
@FaithfulFumoFan236 ай бұрын
He is a liberal. The people you call liberal you should call socialist or leftist instead.
@mustang6075 ай бұрын
This is exactly why number of people hate common sense.
@jangruber425 ай бұрын
Milton Friedman was not a liberal. He was a libertarian as he himself declared.
@SamJones-jg4lf5 жыл бұрын
God this man is a genius. Get hooked on these kind of small clips.
@SamJones-jg4lf5 жыл бұрын
Promethean Allegory agreed, it’s just pure education from a genius instead of the shouting from left wing narcissists.
@prometheanevent5 жыл бұрын
Sam Jones - The Republican national committee should just show these short clips before every election to clue voters back to reality.
@firstlast99165 жыл бұрын
Promethean Allegory pretty sure republicans would shoot at the screen if they played these clips.
@prometheanevent5 жыл бұрын
Rudy was created equal - No doubt a few would...maybe half. The population of economically literate people is dwindling. The lemmings of either party are doing us no favors.
@firstlast99165 жыл бұрын
spot light how is that immigrants fault? Welfare is the problem. Not immigrants. You are punishing them for our handouts. Let them go. Take off the handcuffs.
@Publius-24 Жыл бұрын
"Facts do not cease to exist because they are ignored." Aldous Huxley
@histman31335 жыл бұрын
Gotta love Milton's smug look. You just know this man's gonna drop some knowledge. He thinks he knows all the answers and he is correct. RIP Milton. Thank you for everything you did.
@gabbar51ngh3 жыл бұрын
"Everyone loves to debate with Milton Friedman when he's not present"
@defur452 жыл бұрын
Milton is actually wrong on most things.
@chippyboy352 жыл бұрын
@@defur45 piss 9ff
@defur452 жыл бұрын
@@chippyboy35 Keep crying.
@surreallife7772 жыл бұрын
My post:
@samborlon5 жыл бұрын
Oh good Mr. Friedman... I'm glad you're not around to see what California has done to this country...
@702TifosiGambler3 ай бұрын
California didn’t ruin the country California ruined California, corporate greed, media propaganda and the Matrix ruined the country you were just programmed and along for the ride and didn’t know it
@ianj9637Ай бұрын
I'm glad he's not around to see what is happening 5 years after your comment, but also incredibly worried. There is no one anymore who can speak as eloquently as he does. Its a shame beyond belief what the country has become without people like him.
@RoylamxАй бұрын
@@ianj9637 Yes, we are in need of a return to our roots but few seem to miss what's missing in America today. Corruption rules and everyone seems to look the other way. Our government is not doing anything in the Constitution but doing everything prohibited by it.
@carlahubbard72514 жыл бұрын
Milton Friedman you were right!
@rooksman645 жыл бұрын
Ah Friedman...you tower as a genius in economics. It’s a pleasure listening to him talk
@showmetheevidence7775 жыл бұрын
I miss this kind of clear thinking in the "social media" age!
@paulcolburn38555 жыл бұрын
The thing is, only someone who is NOT seeking office could be this honest and mathematically correct about economics and immigration. Today, more than half the country would stop listening to Milton Freedman and just call him a racist or white nationalist. They would reframe his argument because they can't debate it. So they would simply be forced to discredit him.
@showmetheevidence7775 жыл бұрын
@@paulcolburn3855 Sadly true.
@gabifaja64975 жыл бұрын
Why doesn’t anyone speak like that anymore?
@thedevilneveraskstwice70275 жыл бұрын
Why would he? A man with such a knowledge and analyzing skills will benefit more with defending the paradoxical system. :-)
@mitchrc35 жыл бұрын
Because the right used to be dominated by intellectuals like him but now we have click baiting advertising salespeople like Sean Hannity.
@RFM-5 жыл бұрын
If you do the LEFT jumps, yells and threatens you (Antifa). We need to learn to talk to each other again.
@jacks19174 жыл бұрын
I think it's due to hyperexposure to instant, short, simplistic information nowadays from social media. People don't have the temperment to truly listen to something like this. People either prefer to hear Trump style rhetoric of a type of fear mongering about illegal immigration or lesftist style oversimplification just saying "everybody belongs" and that we should be open to everyone or else we're racist. Everything has been dumbed down to cater towards a generation of people who's attention spans have deteriorated and want all their information in 30 second clips and it's just not possible to reasonably discuss these kinds of things anymore, because a lot of people just won't listen. The 2016 election is one of the greatest examples of this because you can see both sides spread apart more and more becoming more and more extreme and I don't think it's gonna stop anytime soon unfortunately😕
@gabbar51ngh3 жыл бұрын
Apart from being a genius economist, Milton Friedman was a fierce debater which is why he succeeded. Plus his Economic policies were quite applicable as well. He started monetarism. Nobel prize winner. Thing is it's hard to find best of both. You can find great economists today but not necessarily good at public speaking like Milton
@garysippin5 жыл бұрын
Milton is probably spinning in his grave about now...
@darincolorado29945 жыл бұрын
We cannot confuse immigration with mass migration.
@zackp52945 жыл бұрын
gman arent we all
@MrJason0054 жыл бұрын
What? America still has immensely controlled immigration. Why would he be spinning in his grave?
@nabilyassin17424 жыл бұрын
@@MrJason005 I think Europe, especially a couple of years ago. The immigration problem in the US is overblown by both sides. (I'm not saying it doesn'y need to be dealt with obviously.)
@MrJason0054 жыл бұрын
@@nabilyassin1742 If Milton Friedman was from a European country I could understand this, but he was an American through and through.
@davestuddaman81274 жыл бұрын
The Democrats literally tried to put this into the stimulus package
@firstlast99164 жыл бұрын
Sean McFarland no they don’t. Myth.
@firstlast99164 жыл бұрын
Sean McFarland National Academy of Sciences and every economist on planet earth.
@firstlast99164 жыл бұрын
Sean McFarland www.nationalacademies.org/news/2016/09/new-report-assesses-the-economic-and-fiscal-consequences-of-immigration
@firstlast99164 жыл бұрын
Sean McFarland not federal. Maybe state but it depends
@praxlandy4 жыл бұрын
Rudy is a free man yes they do. We spend $116 billion. They spend $19 billion. It would have been $145 billion if they didn’t pay taxes.
@cato4515 жыл бұрын
the greatest economist we ever produced
@diegotorres21014 жыл бұрын
Hayek is better
@gabbar51ngh3 жыл бұрын
@@diegotorres2101 I was gonna mention Mises but Hayek is great as well. He was respected in Mises's eyes.
@Hello_there_obi5 жыл бұрын
Another significant factor: ease of travel. Then you also have to consider terrorism
@LuisGamboa-EIDOS10 ай бұрын
The terrorists travel legally...
@Lestibournes3 ай бұрын
Also you need the immigrants to assimilate so that you maintain national identity and culture.
@--Traveler--Ай бұрын
@@Lestibournes you need to impose your culture on all that come through your doors, or they will never assimilate. impose with love but still impose nonetheless.
@kendesmarais90182 жыл бұрын
Free immigration was a bad thing because it allowed a flood of people (including my ancestors) who came for simple economic benefits and not due to a love of freedom and liberty. Some immigrants did come for freedom and liberty but many simply for economic benefits and that watered down all the ideals the founding fathers fought for. And that has lead us to the lack of civics we have today.
@PiOfficial3 ай бұрын
Complete rubbish most Americans don’t care about freedom
@Globeguy13373 ай бұрын
Good point - too many people ignore the cultural/philosophical shift.
@mac64523 ай бұрын
We didn't have a bank in 1776.
@Lestibournes3 ай бұрын
Although a lot of the present rot started after WW2 as a result of Soviet infiltration.
@ianj9637Ай бұрын
@@Lestibournes maybe. do you have a source for this? or evidence?
@26Francis9213 жыл бұрын
This man is slowly shattering every intuition I have about how the economy should be run.
@corpsiecorpsie_the_original5 жыл бұрын
Ouch. 2:12 hit me right in the feels pretty hard. We had this good good thing which was beneficial and warmly welcoming, organic to reality and the natural flow of things. Then the government messed it up with good intentions not knowing the collateral damages.
@jayejaycurry5485Ай бұрын
Surprise. Government always messes things up when it sticks its nose into things that aren't any of its business.
@snowflakemelter11727 жыл бұрын
in previous waves of immigration the difficulty of travel ensured that only Europeans could get to America, it worked out that even peasants from remote Russian villages could very easily integrate and were happy yo adopt the American ideal. Now people from countries with failed cultures and very different mindsets can swamp other countries and refuse to integrate but build an enclave of their own culture while getting the benefits of the culture they do not want to be part of.
@bobbytate99073 ай бұрын
This. To pretend that there is no racial element to that is foolish.
@snowflakemelter11723 ай бұрын
@@bobbytate9907 it's also foolish to confuse culture with race and skin colour, to not be able to see beyond that superficial level is foolish.
@ousamaabdu7943 ай бұрын
@@bobbytate9907 African immigrants do well in America.. The first generation of children of African immigrants graduated from college at a 65% rate, which is twice the national average.. Most of us come to America with a fine command of the English language, and our crime rates are far, far below the national average. And our marriage rates are also higher. I'm sure it's quite the scenario with Asian immigrants as 99% of us come here legally. Matter fact... After Jews, Indian Americans have the highest income level. And Nigerian Americans have the highest level of PhDs per Capita in the US
@bobbytate99073 ай бұрын
@@ousamaabdu794 You're right of course--however a problem occurs when we assume that economic immigrants are representative of their particular race. There is an argument to be made that many of these immigrants have statistically superior IQs or psychological equipment, and chose to leave their own nations precisely to exploit those qualities. There is a well-established relationship between the economic performance of a country and the IQ of it's inhabitants. It is difficult to assume that Africans, for example, are as generally intelligent as Europeans or Asians, given the continually poor economic performance of their countries. I well remember a few years back, James Watson--one of the pioneers who discovered DNA--was shunned by academia for suggesting that heritable intelligence was the reason for this. He was right.
@DT-kr1km4 жыл бұрын
He is missing that in 1914 the average immigrant was higher educated and higher skilled than the average citizen. Now they are much lower educated and lower skilled. In 1914 we had a quality of life that was on a par with most other nations sending immigrants. Now it's much higher than virtually any other nation. In 1914 we had no concerns about water shortages, where to put landfills, open space destruction, carbon output, etc. Add all of those problems to the costs of the welfare state and it clear immigration, like all things must change. ALL immigration needs to end for a few decades so we can figure those things out.
@LuisGamboa-EIDOS10 ай бұрын
Not only the average immigrant, but today the average person are much lower educated and lower skilled.
@danielanthony8373 Жыл бұрын
You can still have legal immigration and not have new immigrants on welfare Australia has a strict immigration policy If you come illegally you will not be allowed to stay If you come legally you must work and have private health insurance and not afforded citizens benefits and privileges If you have children education is not free I work with 4 immigrants 1 just became an Australian citizen after 9 years 1 just received permanent residency after 6 years They both had to work hard to prove themselves worthy of their status
@itissrinivasan4 ай бұрын
The “if you come here illegally” thing works well because Australia is an island. It’s super easy to police illegal entry. no land borders with a relatively poorer nation. It’s not as easy in the US. Other than that, agree with your comments and Aus’s policies.
@Archedgar3 ай бұрын
How's australia doing these days? pretty terrible. I'd say your argument falters out of the gate by virtue of that one fact existing.
@marvinwilliams79383 ай бұрын
We’ve also let in floods of immigrants- illegal or not. The fundamentals are still the same: we need to protect the dollar by bringing in more workers because if we don’t, inflation will be too excessive since we’re printing too much money and there won’t be enough productivity to back up and legitimise the Monopoly money we’re printing
@ousamaabdu7943 ай бұрын
@@itissrinivasanThat is a great point
@quinnrasta4212 жыл бұрын
I live on the border with Mexico in the US. Being an "illegal" immigrant keeps the wages down in the first place, but yes if there were more illegal immigrants, that would cause more competition and reduce wage rates, not from the employer, but from the worker competing for work.
@jayejaycurry5485Ай бұрын
The interesting thing about low wages is that they keep prices low as well. Every time politicians raise the minimum wage " because the cost of living is to high", the cost of living starts going up until the next wage hike. Then the cycle repeats itself. But then, the government raises taxes, enacts regulations, and prints more money, and it too increases the cost of living requiring an even greater increase in wages. So, instead of working for a dollar a day to pay a dollar for living expenses, we work for $100 a day to pay $100 a day in living expenses.
@carlschnackel30515 жыл бұрын
Basic supply and demand. Mass immigration of low skilled workers keeps wages low because there are so many of them. Since they're a 'dime a dozen', employers don't have to pay a fair wage in order to hire them. Illegals may not qualify for welfare programs, but they certainly do get it. About ten years ago, I spend almost a month in an ICU wing. When I was released, I spend several months convalescing, and couldn't return to work. I had to swallow my pride and apply for food stamps. When I got to the office, I was the only English speaking applicant in the waiting room. Applicant after applicant was asking for an interpreter because they could only speak Spanish. Able bodied adults, who only speaks Spanish? Don't try to convince me that they're legal citizens, because speaking English is a requirement for citizenship. But speaking English is not a requirement to "jump the fence".
@firstlast99165 жыл бұрын
Carl Schnackel no such thing as low wages. The market determines wages based on demand. If employers want to fail, they will pay lower than the average wage and lose all their customers with shitty products. They will no longer exist as a business. Free markets auto correct themselves. No need for armed morons at the border controlling wages. It’s dumb.
@CycklopsGT15 жыл бұрын
This man is brilliant and his words are crystal clear, thought-provoking and expose the ignorance of people on both sides of the political aisle...even decades later. Thank you so much for posting these.
@droddick20066 жыл бұрын
He is technically wrong about the date. It was 1882 when they began to restrict immigration not 1914. Doesn’t change his argument but facts are important.
@ImTheBatchMan5 жыл бұрын
I assumed he chose that year because income tax was established in 1913, which lead to the development of the welfare programs he's talking about.
@johnellis58655 жыл бұрын
yeah, it does change Milton Friedman's arguments - he's lying. Sensible Americans always opposed the worst forms of mass immigration.
@gusthomas68725 жыл бұрын
Not an NPC it’s misleading because he says people who happened to land here are free to stay before 1914, but they weren’t
@christianamerican4735 жыл бұрын
Daniel Roddick he is A Tribesman. They are behind the demographic takeover of the US.
@seth31825 жыл бұрын
1882 is when the Chinese Exclusion act took place, however other cultural groups like Europeans could still freely immigrate
@Russ150763 ай бұрын
Well the rules have changed in 2024. Free food housing and transportation, health benefits, schooling and more FOR ILLEGALS
@Bewareofthewolves10 жыл бұрын
Hit the nail on the head!
@miniruntАй бұрын
He does not mention that illegal and, and legal in some cases, send $85 billion back to their home country. That was just 2023. That is money that is not spent in the US ecomony. Also illegal immigrants tend to drive up cost of housing and lower wages in certain areas.
@YuGiOhDuelChannel8 жыл бұрын
did Milton ever happen to discuss this issue with the idea of terrorism that we have today?
@dilennoris65477 жыл бұрын
The terrorism is partly (mostly) to blame the US government for.
@johnellis58655 жыл бұрын
@@mongtkb How about when Sirhan Sirhan assassinated Robert Kennedy in 1968 because he was enraged that the RFK supported massive USA military support of Israel. Doesn't that count as terrorism?
@johnellis58655 жыл бұрын
@Bek'a Thanks Bek'a . Well I'm one of those rare few Americans that actually have some clue about world events. We are so very few. Well God bless.
@georgebsuh51445 жыл бұрын
that is created by government agencies for a fix outcome.
@concerned15 жыл бұрын
John Ellis en.m.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
@edmapo6 жыл бұрын
Welfare mate... My grandparents were refugees from the 1st war.. They were put on a lot of land to work on and make it productive. That's the only welfare they got.. back breaking work.. they helped build a nation. Now days, it's more likely they are out to destroy it due to the welfare system and the lack of need for unskilled labour.
@mwilliams13306 жыл бұрын
Unreal by today's thinker's, they just do not understand the effort that wave of immigrants put into the American dream. My Great Grandfather came over and worked for several years, saved enough to buy a farm and sent for his family. My Great Grandmother lived into her 80's, was renting rooms and making floor mats from bread bags (selling them for 2 and 3 dollars) in the 60's and 70's. When she died my mother found decades of bank books banded together, and found out she had saved nearly $150, 000. This was in 1976, not bad for a 4 foot 10 Polish woman.
@MondoBeno4 ай бұрын
We had unrestricted immigration pre-1914 because it was NEEDED - factories needed workers, and the farms needed labor.
@superhero678513 жыл бұрын
God how I wish I could have been a student of this great man...at least we have the internet to learn from his words of wisdom.
@52000rightwing13 жыл бұрын
A five minute Friedman video is more informative, and more thought provoking, than 4 years of college.
@stevemcmahon76764 ай бұрын
Exactly!
@vincentengongoro27053 ай бұрын
this guy was so far ahead of his time, and he never knew it.. where are voices like this today??
@c.galindo96392 ай бұрын
Interesting how times have changed. We need someone with knowledge like Milton Friedman in reviewing what state of affairs Our Country is in on the issue of illegal immigration and how to find a solution to implement a better way to have it sustainable and not out of hand
@edge299110 жыл бұрын
when my mom came to this country with a visa, worked, she spent a fortune close to a decent down payment for a house on lawyer fees, and government applications so that she may have a greencard&SScard, my brother greencard&SS card, and I greencard& SS card, took her about four years while me and my brother where in our native country. i understand the frustration with illegal hispanic immigration, however, they are hard working people when in comparison to the bottom of the pile US citizen living on welfare, food stamps, and shitting out four kids. Now yes i understand hispanics are also trying to do this, so in return their child would be an LEGAL US CITIZEN, hence they would also recieve benefits. I say cut able bodied motherfuckers OFF and people will be forced to get back to work. ANY SUGGESTIONS?
@dav3560110 жыл бұрын
You hit the nail on the head! You got it correct! I think your mom should send Obama a bill demanding her money back!!!!!!
@edge299110 жыл бұрын
this was back in 93 bud. obama had nothing to do with immigration back then, PRE-9-11 years were the best years to get into the country LEGALLY, it was expensive, but it was worth it.
@dav3560110 жыл бұрын
My Point being every person that is immigrating legally and all the millions that have done it the correct way just got a slap in the face last week... If we have open borders and a generous welfare state, The USA will not survive but for a decade maybe two...... I'm serious, You tell your mom, she should demand her money BACK. With INTEREST!!!
@dav3560110 жыл бұрын
Let's get the facts correct! No talking points from a Worthless Filthy Stinking Progressive Marxist Communist Democrat Party Web Site or Barack Obama, He is all of the above! 1. 80% of Illegals have less that an 8th grade education, Don't Speak English and will never make enough to pay Federal Taxes... 2. These people will become experts on gaming the system....... have you ever heard of "The Child Tax Credit. These same people that will never pay taxes will now be getting $4,500 To $16,000 from the U.S. Government annually on top of everything else... Why would any person work that can stay at home and game the system sell drugs and net 70 to 100 thousand Dollars.... Stealing from the productive to pay worthless future Dirty Filthy Stinking Progressive Marxist Communist Democrat Party Voter Stock....... Milton Friedman is Correct, You Did not even watch the video or you would not have made your comment above.....
@edge299110 жыл бұрын
Milton is Correct, but the reason they are dirty, filthy, uneducated is because the democratic party, and liberals, activists, all favor for government aid programs which atrophy any ability to become economically independent. I agree. however once these illegals can adapt to our society through paying their fees and applications for a residency and citizenship, they can also get an education while doing this (should they choose to) or group together to open up businesses, hence reaching economic affluence. im sure your grandparents came here in a golden airplane, or not ellis island? lol but all is good ,YOUR WORD nor mine have any weight on the matter (thank god). So yeah ill take what i said Back. KEEP COMPLAINING ...............................ITS ALL YOU CAN DO. :p THANKS GOOD DAY
@xlucim12 жыл бұрын
He forgot to also mention that prior to 1914 we had an invention/manufacturing revolution in this country and factories were begging for workers. The car, the telephone, the airplane electrical appliances, etc, all needed to be manufactured. We needed new roads, street cars, water systems, bridges, ships, railroads etc to fcacilitate transportation systems to get the goods to national and international markets.
@easymoney70073 ай бұрын
Listen to his speech again. He absolutely says why immigration was fine back then, because America needed to jobs/workers. America wasn't a welfare state back then.
@michaelroberts94273 ай бұрын
The Federal Income Tax wasn't introduced until 1913 (the 16th Amendment) so it was difficult to implement a social welfare system before that. Once the tax was in place, politicians couldn't resist spending other people's money so there had to be controls placed on who could enter the US.
@red3black3443 ай бұрын
progressive Teddy made Woodrow Wilson the president. Which founded FRS to corrupt bankers, welfare state to corrupt poor, interventional policy which lead to WWII, government bra-in washing machine.
@red3black3443 ай бұрын
@@michaelroberts9427Teddy made Woodrow president. Wilson created welfare state to corrupt poor, £R$ to corrupt bankers, propaganda machine, meaningless war intervention, which lead to WWII.
@annsherman19253 күн бұрын
Yes this was the Industrial Revolution all over but they did their job, until the many Unions were aloud, by immigrant many of them communists. The citizens could get babysitters, housekeeper who got free board, learn English and a small salary. That benefited all. Later, Communist/ Socialist left Agendas of welfare status for all residents, illegal or legal raised the taxes lowered the status for for the citizens already born and living in the industrialized lands. Now we see the consequences of open borders, equality status that is draining the money systems meant for the inhabitants who built and paid in to it, for themselves, their children, grandchildren. This by politicians who see to negotiate humongous retirements plans and umbrella retirement pensions for themselves. People and their churches ran welfare and shelters for the poor, when the population of the Europeans still had a church practicing population. When the Socialist left Agenda of the 1960s made its March forward, with free sex, Abortion and Radical Ideas it all followed by all the rest and left us with what we now have to deal with. This policy’s that never will benefit the aging population of this western countries. I will end by saying, it’s not easy to explain and many books has been written about it. Don’t give immigrants a to big voice in your countries, or you won’t have any true Christian churches left. In worse scenario it can take over your country and replace it with their religion, music belief and culture. Keep your country safe wherever it is and keep your culture and customs. Be kind and respectful within boundaries.
@pratikgore65364 жыл бұрын
I knew where this was going. Feel proud of myself
@stevencook40023 ай бұрын
Good for you. 🙄
@424werter10 жыл бұрын
Nanny State Welfare makes Free Immigration Un-Desirable today. Illegals take full advantage of the system; many pre-planned it that way.
@galafuze6 жыл бұрын
424werter - Prove it.
@thelaw35366 жыл бұрын
@@galafuze California...
@galafuze6 жыл бұрын
The Law - It is difficult to be show me proof? Citations from reputable sources? California is doing just fine.
@thelaw35366 жыл бұрын
@@galafuze www.usich.gov/tools-for-action/map/#fn[]=1500&fn[]=2900&fn[]=6100&fn[]=10100&fn[]=14100 California has the highest homeless population in the country. Their population makes up about 24% of the population. They have some of the highest taxes in the country.
@thelaw35366 жыл бұрын
@@galafuze dq.cde.ca.gov/dataquest/cahsee/ExitProg1.asp?cLevel=State&cYear=2014-15&cChoice=ExitProg1&cAdmin=S&tDate=07/23/14&TestType=M&cGrade=AG&Pageno=1 These are test scores using their data link. As recent as they allow for high school exit exam 19%passed statewide out of all students tested.
@cahivx4 жыл бұрын
I majored in economics and Milton always makes me feel like an infant
@silvervalleystudios24864 жыл бұрын
He was more a theorist than economist. Economists look at charts and determine market trends. I don't think I have ever heard this guy speak about price stability, inflation, market sectors, economic growth. He was not really a raw data guy. Nonetheless he had a brilliant brain for economic policy making and knew how to protect an economy from artificial anomalies.
@nurwe17044 жыл бұрын
@@silvervalleystudios2486 what??? Are you serious ?? He wrote an entire book about the monetary policy of the USA (from 1860 to 1960), he has an entire chapter in his extraordinary book (Free to choose) about inflation and you say that he doesn't talk about that... really???
@silvervalleystudios24864 жыл бұрын
@@nurwe1704 I majored in accounting so I only did one economics subject as a core with no electives in economics. I always thought of Milton as a neo liberal think tank guy. An academic. I will definitely look up his bibliography and check out his work.
@eustacebagge38694 жыл бұрын
@@silvervalleystudios2486 what you are talking about is finance. economy is about policy and is very broad. ''theorist'' isnt even a professional occupation, I think the closest thing would be philosophy
@sumone19307 жыл бұрын
I miss you, Milton.
@miamivlad6 жыл бұрын
I agree on many things with Friedman, but not this. Many variables have changed since 1914, making immigration, both legal & illegal, a bad thing its host nation. Furthermore, by Milton’s own argument, we can go back further in time when there was no border, and let’s make the entire globe border less. Clearly, bc many variables changed, open border throughout the world would be catastrophic.
@julia95575 жыл бұрын
Demographics is destiny
@skazka37894 жыл бұрын
Not the point he was making but okay
@susanpockett4314Ай бұрын
Milton Friedman's views on economics utterly ruined the world.
@jimsmith98535 жыл бұрын
The opening credits and scene gave me flashbacks to the early 1980s softcore porn.
@GabrielAgustinGarcia19965 жыл бұрын
Well, this is a soft porn. Friedman fucks libtards
@charlesg79265 жыл бұрын
Gabriel Garcia it’s more hardcore tbh
@Daniel-lr6yz5 жыл бұрын
@@GabrielAgustinGarcia1996 Friedman is a Liberal though... A Neo-Liberal .
@GabrielAgustinGarcia19965 жыл бұрын
@@Daniel-lr6yz LOL. Friedman is a libertarian. What means neo liberal? There is no such thing as a new Liberty
@Daniel-lr6yz5 жыл бұрын
@@GabrielAgustinGarcia1996 Neoliberalism is libertarianism. Neoliberals such as Ronald Reagan and Bill Clinton advocate for free markets, low taxes and open borders. Neoliberals however are a little bit more utilitarian and advocate for government intervention to fix market errors caused by socialistic and fascistic programs.
@michaelwoods44954 жыл бұрын
"Why was free immigration was a good thing before 1914 and a bad thing now?" Because we no longer have free farms to give away in the Midwest and West in our then-agrarian economy. We're full up today.
@firstlast99164 жыл бұрын
Since when do people need to work on farms to survive? Illegal immigrants work anywhere that’s hiring.
@ShnoogleMan2 жыл бұрын
Most people who came through Ellis Island stayed in the cities.
@majoredecos9 ай бұрын
who works in farms nowadays illegal immigrants work all the jobs you dont want to
@evanfreund56516 ай бұрын
No shot the homesteaders of the 19th century primarily originated form outside America
@evanfreund56516 ай бұрын
Well I mean directly/1st generation
@gamalieli3 жыл бұрын
The problem of this video today is that illegal immigrants get benefits today. So the situation that he says will lower everyone's standard of living exists now as they pour over the border. Also he did not talk about new diseases they bring over the border and did not consider how many illegals are hostile to the United States.
@ForeverTributesNL9 жыл бұрын
Can you please insert this knowledge to the people of Europe? Thanks in advance!
@MI-jp4nq8 жыл бұрын
They are too far gone, especially the Germans and Swedes.
@godblessamerica32477 жыл бұрын
Timothy Drake no but they dont wait long to have babies and they immediately apply for everything under the sun.
@Amateur_Pianist_4726 жыл бұрын
Timothy Drake Europeans should work to support each other but not allow illegals to get anything.
@rickspalding30474 жыл бұрын
yeah douglas murray tried,
@caeserromero3013Ай бұрын
The democrats managed to make that issue even more problematic by giving the benefits to illegals regardless, and making the pull factor even greater, without there being any benefit to the legal US population.
@RickGalusha7 жыл бұрын
The bracero program, referred to by Dr. Friedman, ended in 1964. "Bad laws make socially advantageous acts illegal and therefore leads to an undermining of morality in general" (Friedman),
@neptronix13 жыл бұрын
My mind just exploded. Thank you, Milton.
@enceladus22635 жыл бұрын
Prior to 1965, 90% of our immigrants were of European descent. Now, 90% of our immigrants are African, Arab and Hispanic.
@enceladus22635 жыл бұрын
Alex Mulvihill Just stating facts people should be aware of. Many people don’t know this, I let them make their own decisions on what it means to them.
@tomclancy8795 жыл бұрын
Yes, America will someday look like a Latin American and African country. Milton Friedman should have moved to Somalia if he thought it was great.
@firstlast99165 жыл бұрын
Alex Mulvihill nope. Most are Asian and Indian. Nothing wrong with that. We hated Italians and Irish just as much as we hate Mexicans today. Same shit, different day.
@firstlast99165 жыл бұрын
Alex Mulvihill they desperately wanted the Irish kicked out. There were protests everyday to abolish the NYPD because it was 100% Irish at one point.
@firstlast99165 жыл бұрын
Tom Clancy As long as they are capitalist, who cares? They could be from mars.
@Chaaarge14 жыл бұрын
This is what I always say! thank you milton friedman for explaining this to people. Over here in sweden everyone blames the immigrants for taking out tax money, but why do we have to stop immigration? Just stop giving them welfare
@itissrinivasan4 ай бұрын
Oh my. You made this comment 13 years ago !!! And Sweden is still Facing this. In 2024.
@annsherman19253 күн бұрын
Yes! I heard Swedes would not mind if they got an inexpensive housekeeper, who could learn swedish for free room and board. Like my grandmother. Not just walk in an over boarders, getting the same privileges that the inhabitants of SWEDEN have. You like all of Europe made a lousy open boarder, to hand over to your children. Keep SWEDEN swedish, if you still have something left to save. Be kind and respectful in your comments!
@c87kim12 жыл бұрын
I do sympathize with the less fortunate, but you have to consider our future as well. Truth is what do you think would happen if we got rid of food stamps over night? An epidemic of starving and malnutrition? That's too extreme. In the worst case, people would go out and find jobs. Right now and you even said it yourself, for some it is actually more efficient to collect these welfare checks rather than get a job. Sure some people might be have it bad but in the long run it will be better.
@buddyjenkins71885 жыл бұрын
How does this video not have 100 million views?
@HarryMonn3 ай бұрын
Also immigrants are much more diverse now. Before they mostly came from Europe. Now they come from South America, Africa, India, and China. This makes assimilation into a cohesive whole much more difficult, as these people come from wildly different places. It was much easier to assimilate people who all came from one place, Europe.
@ivanivan55113 ай бұрын
People from South America are traditionally Christians, they speak an Indo-European language, their countries are republics with liberal democracies since 200 years ago. Their culture is Western, it does have its particularities, but it's clearly Western framed. In case you care about their skin colour, a large number of them have light tone skin colour, they look white. The ones who look darker just paint them white so you'll be fine. About Chinese people, they're pretty westernized nowadays and they love to mind their own business, they just study and work their butts off, they won't bother anyone either interfere with our culture. Oh, they are not "yellow", pay attention. There are different skin tone in the vast China, a large number of them are white, the ones who have darker tones just same thing, paint them white.
@shaskins156 жыл бұрын
Well now we now why pelosi and schumer wont build the wall. 3:16
@NicholasWongCQ8 жыл бұрын
Make them all legal, but second class citizens that are entitled to zero welfare.
@gusmc22205 жыл бұрын
then the next election cycle they vote for themselves to have welfare too, brilliant plan... _“When the people find that they can vote themselves money that will herald the end of the republic.” _ -Benjamin Franklin _“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage.”_ -Alexander Fraser Tytler best solution is to end the welfare state all together.
@noesnaula88635 жыл бұрын
Nicholas Wong ur last name tells everything u are a second class
@Frilleon5 жыл бұрын
There shouldn’t be welfare to begin with
@WhatsThat-x1f4 ай бұрын
Everyone who’s not white already is
@ilbisaw12 жыл бұрын
It is not true that the US open immigration before 1914. Chinese immigration was restricted from 1882 to 1943. To say whoever could get to Ellis Island ignores a huge group of immigrants.
@htee5162Ай бұрын
Friedman is wrong.. my father's mother's father's side came to America in the 1800s from Scotland. As he stood in line with his entire clan, he noticed his people walking back to the boat. He asked one what was going on. They told him in Gaelic that they were being turned away for everyone having the same name. At that point, my ancestor instructed his wife and kids to change their last names to Scott. The US government has always screened immigrants and turned them away for various reasons..in my family's case, they didn't want our family starting its own country or state in unclaimed Indian territory like the feudal system in Europe in the dark ages. The members of my family that were turned away at Ellis island went on to become citizens of Canada.
@ultraali453Ай бұрын
God, this is an eye opener. Why can't politicians give us lessons like these?
@Jaidavirocks4 жыл бұрын
this dude is so insanely intelligent
@claybaxter2915 жыл бұрын
Milton: The United States before 1914 had completely free immigration Chinese Exclusion Act: Am I joke to you?
@muddi9004 жыл бұрын
You will find convenient exclusions of many other historical realities.
@alexilic34014 жыл бұрын
@@muddi900 Can you point them out? I am sure there would be scores of people chearing if you'd disputed Milton Friedman.
@robertgibson66874 жыл бұрын
Chinese Exclusion Act. And the Quota systems that were prevalent during the same period. If the Quota on Poles was filled, Poles would start claiming they were Czech or Slovak.
@alexilic34014 жыл бұрын
@@robertgibson6687 I doubt anything significant would change even if they were allowed in during those years, tho. Do you think it would, I am genuinely interested. If yes then why. If no. Well the thing he was saying would end up undesputed, still.
@subscribeorsus68624 жыл бұрын
@@robertgibson6687 OK. USA never had free immigration even during the complete free market system of the past. Does this mean Milton's theory about immigration can't work?
@PecaniAnna11 жыл бұрын
Brilliant!!!
@edgarfield73034 жыл бұрын
Anyone know the name of the song at the beginning of this?
@billysmith62842 ай бұрын
That not only get welfare in every form, they can make twice as much as a school teacher and pay zero tax, not even social security..
@briankenison7995Ай бұрын
You live in a fictitious world.
@elindbe34 жыл бұрын
There is actually another possibility: a two-tiered system. In other words, we allow people to immigrate but refuse them access to the normal welfare benefits. This seems to be how things work now for the most part, immigrants come here and work illegally under the table and don't get access to government programs like Social Security. Then their children are given citizenship and allowed access to the normal benefits. This system could be formalized and modified in certain ways. For example, perhaps immigrants could gain access to the welfare state by paying into the system for a certain number of years. This method keeps the benefits that Milton describes without the downsides of burden on the existing populace.
@michaelmalanot85064 жыл бұрын
The problem is that you then effectively create 2nd class citizens. Having 2nd class citizens is a very unamerican thing to have and has caused many other countries a multitude of problems.
@firstlast99164 жыл бұрын
@@michaelmalanot8506 in that case, rich people are second class citizens. Because rich people don’t qualify for benefits either. Nobody should be entitled to free money. Everybody should be entitled to freedom.
@xibalbalon86682 жыл бұрын
@@firstlast9916 Rich people don't need benefits. You're insane. Being given less rights because you were born in the wrong place is not freedom. Jesus Christ.
@firstlast99162 жыл бұрын
@@xibalbalon8668 I know. I’m for open borders. And I’m for letting people get rich if they want to. No need to steal from the rich to give to the poor. Benefits should not be given to anybody.
@itissrinivasan4 ай бұрын
2nd class citizens. Soon, it devolves into oppression. Then slavery. Then civil war. Then “liberty equality” and then cycle starts again.
@78g4765 жыл бұрын
He was simply amazing!
@ukillnub20112 жыл бұрын
There was actually a paper written by a U Chicago economist that I came across a few weeks ago. He was saying that one of the main reasons we have not been able to emerge from this recession after 4 years is because there is less incentives for people to find a job if they are receiving unemployment compensation, welfare checks, and other forms of federal aid. In some cases, they would lose money by a taking a minimum wage job.
@quinnrasta4213 жыл бұрын
@jezza1789 Speaking from someone who has lived on the US Mexico border all my life,illegal Latinos in Texas are going by the way of the black demographic.Children born to single parents are going up,where as before you had a strong family base.You would be correct a few generations back,but today we're seeing generational welfare.My grandmother was from Mexico and she worked her but off without the subsidies of the federal government.I live in the heart if immigration and its a sad sight "today"
@stealthswimmer13 жыл бұрын
"I think the ability to speak, understand, read, and write English should be mandatory, " That's arbitrary. The fact is that some people cant get by without knowing English, just like back in the day there were entire communities in the US where the dominant language was German or Italian or something else. In all those cases, knowing English is an advantage, but it's something that should still be a choice. Also, open-borders doesnt' have to grant citizenship, and can grant residency
@autismintensifies87937 жыл бұрын
"there's enough wealth in the US to feed, clothe, and provide shelter to every human on earth forever if we raised taxes on corporations and the greedy 1%." - everyone who supported Bernie Sanders
@cristianion20566 жыл бұрын
the wealth in USA means not physical value, it means stocks. which can be lost in ours. you can loose 1 billion dollar in second. so no this don t mean wealth. AND what if 1% will take their stoff and go to CHINA.
@Amateur_Pianist_4726 жыл бұрын
CRISTIAN ION exactly. If you give away stocks or sell them on mass to donate the money then the value goes down immediately.
@nyknicksable5 жыл бұрын
Ignorant statement!
@KracknCorn12 жыл бұрын
This guy is freaking awesome
@denverlove2 ай бұрын
What “ myriad of benefits we pour out” is he talking about? The US has the worst “benefits” Compared to any industrialised nation on earth. For unemployment, for poor people for the sick or the disabled, for pensions for the elderly, for veterans you name it. We treat our most vulnerable citizens like crap in this country while the rich elites keep getting richer and richer every day. We
@weeeek19332 ай бұрын
Bro you understand absolutely nothing about econ, benefits are a freakin waste
@denverlove2 ай бұрын
@ It’s because of ppl like you with peasant mentality, accepting whatever crumbs the oligarchs give them, we are in this mess. US is the richest country on earth, yet 62% of Americans live pay-check to pay check and 74 percent have less than 5k in their account!!! Wealth inequality is real. Stop believing everything you are told people. We all deserve better. Have a good day
@freequark3 ай бұрын
He puts the entire issue of immigration in terms of economics, but there are cultural and social considerations as well. It's evident that Americans have developed a certain lifestyle over the last two centuries, and most want to maintain that lifestyle. They don't want to live amongst third world people who have a totally different viewpoint on everything from religion to code enforcement. I can guarantee that people like Milton Friedman would not want to live next to immigrants who burn trash in their yard or blast the morning call to prayer through a PA , irrespective of whether those people are contributing to the economy. It's ludicrous to assert that such people will assimilate to the American lifestyle when assimilation is now equated with racism.
@thomcowley73326 жыл бұрын
I think it'd be nice to have an invitation system that makes immigration possible only if you're being invited by either a person, a company, a school, etc ... in which case you need to proof you are capable to sustain yourself and afford a roof without help otherwise the person or entity that invited you is responsible for your accommodation
@overshot83312 жыл бұрын
I think that is kinda the case today with most forms of legal immigrants.
@nebojsabuhac14425 жыл бұрын
"the people who were here benefited".. yeah, ask the natives about that
@34thstreetman5 жыл бұрын
The natives weren't native. They came from Aleutian islands.
@chrislee1766 жыл бұрын
Friedman is right, yet again.
@florianwicher9 жыл бұрын
The problem with free imigration is not one of economic nature, it is one of cultural nature. As history has shown, countries that are home to a variety of ethnicities naturally tend to disintegrate due to a lack of social cohesion between those ethnicities. In the case of the USA, while it avoided the secession of the South during the civil war, the result today is a state practically without welfare - as Friedman recognized correctly, a welfare state and free immigration are two goals that can't be reconciled, but since a society needs cooperation on more than just the economic level, a welfare state is preferable to any form of other state.
@Mitjitsu8 жыл бұрын
TBF, Democrats want it, because they can import voters, and big Republican donors like it, because they can hire cheaper workers. However, you are right. It's the social impact that should worry people most; not the economic one.
@galafuze6 жыл бұрын
Florian Wicher - The "cultural differences" are the last of our problems. It's the racism and fear of those differences that gives us the hatred we see in the right-wing. They don't know how to deal with change. They want change to go away. Not possible. Now, illegal immigration is illegal and should be controlled. But, why the hubris and hatred? Why not be the one who teaches people how to be an American and how to assimilate. Violence is not the answer. American culture is another culture that is well-known around the world. Unity will hold this country together but it seems the right-wing wants to end any semblance of unity and start a civil war. This is what your comment is aiming for?
@booates6 жыл бұрын
Don't be an idiot and act like this hatred is one way
@RoyalProtectorate6 жыл бұрын
Florian Wicher you do know the majority of the Mexican population are strong Catholics which is a religion that the US acknowledges is not a threat.
@bruno20100876 жыл бұрын
If people are clever enough to seek their own benefit on top of everything else, they will cooperate just fine. The whole world cooperate in the production of goods and services. And it is not their cultural similarities that make them do so. It's the market. Watch Milton's video about the pencil. It's a simple and beautiful example of what I just said.
@DJ_Force5 жыл бұрын
Biggest difference between the turn of the last century and now is the types of jobs. Last century, a strong work ethic and a strong body is all you needed. Now, those jobs have gone overseas, so many new immigrants become a net drain on our economy.
@brandonnotsowise26403 ай бұрын
For one of many reasons the powers that be hate this man.
@thecapone457 жыл бұрын
After reading the majority of the comments here, I reaffirm my point. The viewers did not at all listen to what Milton had to say and went from being intellectual, logical, clear-thinking, to ignorant and uneducated, misinformed viewers who clearly get most of their information from biased Facebook posts and equally uneducated and ignorant family members. The majority of the comments are so incorrect. Seriously, where do you people get this information?
@GeneralSamov6 жыл бұрын
I think from other youtube videos.
@bruno20100876 жыл бұрын
I started reading the comments expecting libertarian thinking. Found a bunch mediocre Americans who are scared to compete with more people.
@PaulGreen116 жыл бұрын
And there lies the Real Problem... They do "qualify" on arrival.
@SupaNami11 жыл бұрын
Obama is a dumbass ...O'Biden is just the same!! Who really is the US President?!? Who really run's the US Gov.?!?!? Obama don't ... Biden?!? Nope .. he's a stoop!! Valerie Jarrett control's Obama!! and Ms. Big Beef (michelle) hate's that shit!! They never went to Yale!! That's where everything stem from's!!! Colleges!! Fix that ... you'll feed a bum for a day ... Stop going/paying for these leet Universities!! Feed a family for a life time!! People lie, People have an Agenda!! People go to school to make them look cool!! .. but they forget about one thing .. (I'm sure they have this covered, the US Gov., have been spying on us for years) They don't have reason!! We Do!! Someone is scared and it's not the People of the US!! Why buy soo many rounds of ammunition? They're scared because they know .. they know their Policies are Garbage!! Their shit doesn't work!! They have to resort to violence!! It's the Progressive Way of Life!! Or the Commie way!! It's not a Liberal why of life!! Sry Lib's ... you can't use Liberal anymore!!!
@michaeltellurian8256 жыл бұрын
That's because in 1914 they realized things had changed. In the previous century, the country was a frontier and the people who came here were settlers, not immigrants. The world is a very different place now and the arguments by Friedman are not valid.
@ianc80543 ай бұрын
Depends what else these folk bring. If they bring a tolerance to worse living standards, living standards decline (wage depression) If they bring a tolerance to behaviours that were formerly rare and considered undesirable, behaviours become worse It largely depends on: to what extent you think people are blank slates to be filled with whatever culture they find themselves in and to what extent they retain their former behaviours? If it is that people largely retain their ways of doing things: people from states that are not doing well, who retain their behaviours (that on the large scale resulted in their former state being less desirable) they will simply drive the receiving state towards the same problems.
@MarkYoung0492 ай бұрын
From my experience, their children are much more american and that trend continues for generations.
@MarkYoung0492 ай бұрын
And the rest of society changes slightly as well to accommodate
@ianc80542 ай бұрын
@@MarkYoung049 In America perhaps. In the UK first generation migrants have historically been very keen on Britain and happy to be here. Their kids and grandkids however tend to be hostile to the country (or at least feel themselves as as least as much Pakistani, for example, as British). It is also common to find immigrant populations living in what amount to ghettos with little contact with local populations. This makes assimilation very difficult (coupled with the deliberate policy of 'multiculturalism which frowns on assimilation) it also breeds contempt for the local population (plainly demonstrated by the ongoing child abuse crisis, whereby largely non-British gangs abuse British girls... and do so because they do not view them as worthy of respect as girls from their own 'communities').
@thecapone457 жыл бұрын
Hold on now. For many of his videos, I've seen conservatives comment on how Friedman sticks it to Liberals and proves them wrong. Now, he's Practically arguing against what conservatives advocate for today. And yet, those same conservatives refuse to apply the same logic to themselves, the logic that Friedman has indeed proven them wrong. Friedman himself states that people are inconsistent by arguing that immigration USED to be beneficial and that in (his) modern times, it isn't. And now many people watching are falling into the trap he himself pointed out, of people arguing that immigration ONCE was beneficial to both parties. Now it isn't. As Friedman himself stated, "How can people be so inconsistent?" How can the same people who pointed to liberals and say "Haha I told you so!" Refuse to look themselves in the mirror and say "Haha, liberals told me so!" ?
@reecedrystek29927 жыл бұрын
You clearly only watched the first minute of the video.
@shaalis5 жыл бұрын
This man is outdated.
@GrikWorldNomad11 ай бұрын
Anyone know the date of this speech? Thanks
@kiaq115310 ай бұрын
1950s
@michaelwoods44955 жыл бұрын
There are differences between today and the days of open immigration: The preponderance of immigrants then were European, that is, shared common cultural values. The US was giving away free farms at the frontier through the homestead act. No one could immigrate and live on government welfare benefits.
@firstlast99165 жыл бұрын
What value don’t we share with Mexicans?
@michaelwoods44955 жыл бұрын
@@firstlast9916 I never mentioned Mexico specifically, but referred to immigration in principle. If I had mentioned it, I would have observed that Spain is in Europe too, or was when I last looked. So yes, Mexican and South American immigrants are fine with me. We just can't take too many all at once, but have to meter our immigration rates under today's conditions, or so it appears to me.
@firstlast99165 жыл бұрын
Michael Woods why do we need to meter it if we share the same values? Why did we introduce quotas for Europeans in 1924?
@jayejaycurry5485Ай бұрын
That was a very good question. The answer was great. Free immigration for jobs is a good thing. Free immigration for massive government handouts are catastrophic. What was overlooked is free immigration for crime is equally catastrophic.
@dr.joannaeleftheriou85252 ай бұрын
when did he give thi s speech?
@Rico845815 жыл бұрын
Thus men without exception wander about in the garden of Nature; they imagine that they know practically everything and yet with few exceptions pass blindly by one of the most patent principles of Nature's rule: the inner segregation of the species of all living beings on this earth.
@renaissanceman91683 ай бұрын
I would rather live in a poor country, surrounded by neighbors who look like me, sound like me and worship like me, than live in a rich country surrounded by strangers. Leave it to a member of the tribe to barter my sovereignty for some short-term economic gains.
@frankstrawnation3 ай бұрын
Do you live in a poor country? I may be wrong, but I strongly suspect that the answer is no.
@Orehockey Жыл бұрын
Oh my . . . This is the same person that sold “Supply Side Economics” to the nation in the Reagan Era. He completely forgot that Demand is just as important. Perhaps he was counting on Advertising BS to sell his Economic BS. RIP Milton.
@DBSSTEELER6 жыл бұрын
Prior to 1914 we were underpopulated. Now we have 300,000,000 people. We are at maximum density.
@frankstrawnation3 ай бұрын
The US territory can hold 1 billion people easily.
@abrahemsamander39675 жыл бұрын
I wonder if Milton Friedman would either allow immigrants to use his proposed NIT or if it would be for citizens only.
@firstlast99165 жыл бұрын
It would work if a household would not get more than $1000 in NIT. Which makes sense because households file taxes usually. Not individuals in houses. We could make that a rule to make sure. No address will get more than $1000. Giving an immigrant household $1000 is cheaper than spending $1500 to give them $200 in food stamps
@isaacwojo327311 ай бұрын
People forget that immigration from Ellis island caused large scale unrest initially. There would be no Al Capone and prohibition era violence without immigrants. Which is why immigration was restricted in the 1920s.
@LuisGamboa-EIDOS10 ай бұрын
Capone was born in New York City...
@zf4363 ай бұрын
@@LuisGamboa-EIDOS magic dirt
@matthewheald89644 күн бұрын
My only question about this approach would be how to prevent those with violent criminal, espionage, or foreign military backgrounds dangerous to national security &/or domestic safety from coming in through illegal immigration. We had Sicilian mafiosi, for example, come in that way just the same as good, hard working, undocumented Italians.
@willforrhall13 жыл бұрын
is this in the public domain?
@kiwin1117 жыл бұрын
How did people benefit from people illegally immigrating in the past? I don't see how anyone could possibly benefit from more people other than businesses. How does importing low skill people do anything other than drive up the supply of low skill labor? It would be one thing if we were importing scientists or engineers, but we're not.
@Amateur_Pianist_4726 жыл бұрын
kiwin111 it would mean you can start a business easier because there’s more workers and they can start a business easier. Scientists and engineers are having enough trouble as it is finding work because everyone goes to collage now. What creates wealth is business. Scientists, engineers and workers just help that process.