Milton Friedman on Donahue - 1979 (First Appearance) Socialism Destroyed! EPIC!!!

[@davo171]

What a treasure we have in Friedman. I regret that we dont have him around anymore.

[@paulpetersen7041]

Luckily we still have Thomas Sowell! RIP M Friedman & Walter E Willians

[@CV_CA]

31:55 Of course as we know, Reagan become president and Milton Friedman was his adviser and the interest rate came down, causing people to be able to buy house again, that creating job in the building industry..... other words Milton Friedman was right.

[@anaximander66]

Was this the Donahue Show? The intro wasn't clear.

[@DecemberFirst]

Lol

[@maxi-me]

Friedman brilliant as always. For all the flack that Donahue caught from his critics he really was good at what he did. Not only was he prepared for his debate and lucid in his inquiries but most importantly he wasn't tone-deaf to logic, unlike most interviewers today.

[@crackshack2]

omg friedman is a genius, I'm in awe this guy is amazing

[@VaShthestampede2]

I was absolutely stunned when I discovered his existence just a few months ago. Went 30 years without so much as bumping into a single person who knew about him or espoused his views(with attributing them to Milton).

[@armandoc.3150]

It's so nice to hear real wisdom. Anyone that speaks like friedman I'm all ears for. Not because of who he is but the ideology or principles he stands by are similar to mine even before I heard of him. By that I mean as realistic and as objective as one can be.

[@scottw6375]

I envy the fact that Milton could enjoy himself so much. I wish I could do the same. He seems so comfortable and at ease and never gets flustered and seems genuinely happy even though he is speaking in front of a crowd and to a national tv audience hes genuinely enjoying the moment

[@DanLetts97]

Well why wouldn’t he?

[@victorthegroover]

he kicked some serious ass beautifully

[@cavok84]

That is the airline situation today. Deregulation inevitably lead to this, but costs have gone down. And despite passengers complaining about the loss in amenities and baggage fees, the airlines continue to fill airplanes. If people as a whole really cared enough to pay a premium then we wouldn't see such a degradation in airline service.

[@jacksonbrim7359]

+cavok84 And to top it all off first class tickets are actually subsidizing economy class tickets.

[@matthewlangley3524]

Then drive.

[@justincrawder]

Whoever you are, BasicEconomics, I love you

[@jitsroller]

This guys was ahead of the curve.

[@yozonssales935]

Love the scare stories about what will happen if prohibition is lifted as if those very problems do not exist despite the huge costs and problems created by that prohibition.

[@Bobby.Kristensen]

What a hero.

[@myideas8548]

Thomas Sowell said something along the lines that Liberals desired that which "ought to be" and Conservatives desired to work with "what is". I think Donahue is a decent man but he speaks not of what we see in reality but what he wishes were true as if that makes it feasible somehow. Friedman's views are based so squarely on reality that it is uncomfortable to look at human nature so closely as we see it actually play out.. Still, reality is all we have to work with.

[@traitorjoe8778]

Keep in mind, this level of discourse was normal daytime talk show back in the old days. Can you imagine Jerry Springer doing a show like this?

[@MrDuds1984]

This was the type of show back in the day, but it changed when Oprah came along who took it to another level, Phil tried to adapt to her level of show but he failed and soon faded

[@KanjoosLahookvinhaakvinhookvin]

Jerry Springer isn't the same kind of show. Turn on Charlie Rose or Larry King you old codger.

[@BunnyMan456]

0:53 What is this show called again?

[@shyama5612]

"Gov its too intrusive, too big, become our master than our servant, need to be cut down to size". Wonder what he'd say today with mandates, hypocrisy and big tech enforcing gov policy.

[@kevinlundgren4467]

I wish people would listen to this man. He is still relevant to today's problems.

[@geraldlewis5498]

I hope

[@brianspier8297]

he is awsome when it comes to free markets.

[@EARLandPEARL-c3i]

look at the size of government now...we live in a police heavily regulated state

[@garymorrison4139]

silkhead44 Look at the size of the homeless population now....we live in a police state because we feel a need for military style policing to keep the have nots in line. The US budget for keeping the unemployed incarcerated was $85 billion the last time I checked. Poverty sounds like a good way to punish minorities but it comes at a high price.

[@DerpBane]

+gary morrison lol wut

[@alaipaimei]

I couldn't get the last question at 44:47 by the caller , anyone please ?

[@ChannelMath]

I miss both of these two. Back when sensible people were allowed on TV (are there any left?) Even as a socialist I could agree with Milton a lot. When he says that something's wrong when a guy makes $100,000/yr for just owning a taxi/trucking medallion, I would just also replace 'taxi medallion' with 'land deed'.

[@eval_is_evil]

a man ahead of his time

[@Vic2point0]

1: "Aha! Busted! You think they're stupid." 2: "No, I'm not saying that." 1: "Well they're stupid though."

[@shyama5612]

My TV show time has been replaced by these videos!

[@timothyvu7006]

I think phil was just playing devil's advocate, so the people calling him names is unjustified. remember, he told the truth about the iraq war.

[@MorphingReality]

Great channel

[@UV-mu9ox]

Only took 45 years but here we are

[@mintoo2cool]

why do we not have talk show like donahue anymore ?! why oh why oh why ?!

[@CMRinehart]

+bbababonbon..bonfire! America is too dumbed down to comprehend these type of talk shows. American's don't want to learn things anymore. They only want to play.

[@whatithink3073]

+bbababonbon..bonfire! Women. 31:45

[@whatithink3073]

+bbababonbon..bonfire! Women. 31:45

[@davedave1064]

+bbababonbon..bonfire! That question was answered for you on this very show. The same reason the big liberal media outlets have terrible ratings. This particular show is very biased ...... Liberal bias.

[@DrEhrfurchtgebietend]

Rubin

[@DeviantMud]

44:00 - 44:40 GWAF "In the free enterprise system..."

[@awakened_soul_2987]

He is legend

[@mimusic1853]

Bernie Sanders supporters need to watch this and get their heads out of the sand before it’s to late!!

[@rlkinnard]

And Donald Trump supporters, too! we need a Free Market and not tariffs; RIP Milton

[@jacksonbrim7359]

The original troll... Phil Donahue - something about profit motives behind military spending Milton Friedman - You mean *that's why the spending has dropped so sharply* ? I've been doubled over in laughter this entire program. He's hilarious!

[@saayagain65]

+Jackson Brim C'mon. That's a weak point. Friedman didn't give amounts nominal or real. He gave percentages. 9% of gdp to 4% of gdp. He didn't say why? It could be because GDP increased and defence expenditure stayed the same.

[@jacksonbrim7359]

+Saay again aww man you're going to make me watch this whole thing again to figure out what it was that I was even talking about over a year and a half ago?? 😂

[@saayagain65]

+Jackson Brim @40:00 that's the part you were referring to...

[@jacksonbrim7359]

+BiL Zenovic Is there a particular con artist scumbag thing that he's done that you'd like to share with the rest of us?

[@saayagain65]

+Jackson Brim lol what about my original point!!!!

[@BlackShampoo75]

Loved watching Donahue as a kid

[@fukmoney1]

"you got that wrong dont you know the best always comes last".....BEAST MODE!!!!!

[@Zb_Calisthenic]

This was on T.V? Incredible.

[@laineywhite2382]

Miss me some Phil.

[@miamivlad]

Donahue is trying so badly to have a “gotcha” moment, but Dr. Friedman is too smart for that and it was driving Donahue mad! 😂 I admire Dr. Friedman’s knowledge in so many fields, not just economics, but even more, I admire his cool calm collectiveness with which he so eloquently debated. R.I.P. Dr. Friedman, you were a national treasure!!!!! 👏🇺🇸

[@somethingorother3742]

3:27 holy shit did milton just put the brakes on this conversation haha

[@muckey7800]

This is going to seem odd to some, but not only do I miss Friedman, but I miss Donahue as well. 🤷‍♂️

[@beachballa93]

Lmao at the women getting butt-hurt at 28:33

[@WideWorldOfWisdom]

This is actually the 1980 appearance. The titles of this and the 1979 appearance need to be swapped.

[@Hannibal082]

I love Donahue's theme song.

[@NoNameNo.5]

Milton Friedman read Phils book…..and there’s no way Phil read Miltons

[@BasicEconomics]

You're right!

[@bratyanow]

When I was a kid I never realized what a dummy Phil Donahue was

[@user-hj2hl2pp1q]

34:15 Maxine Waters 😨

[@intelligence6900]

That intro was not long at all

[@samuils]

Well I have to disagree. There is indeed a car company a very popular one that has safety as its whole selling point. Ill give you a cookie if you guess the companies name.

[@lincolnhawk4671]

I like you avatar pic. Cool idea.

[@fanglethorpe]

considering what is being taught as economics nowadays, you should rename yourself to AdvancedEconomics.

[@superswagman5973]

truer words are not nearly spoken as often, and this has 67K views and 143 comments - FKN BS on KZbin with hundreds of millions of views. Yeah the US is FKD!!!!

[@GOLDVIOLINbowofdeath]

To think that Oprah got Donahue canceled

[@umnachtet5229]

28:29 haha

[@CV_CA]

14:04 Should Pan-Am absorb..... Yes. Except no Pan-Am anymore. LoL

[@nightcrawler2005]

Let me guess Volvo, BMW or Mercedes?

[@nightcrawler2005]

Well a 1/3rd of a cookie ain't bad. Make it Chocolate Chip. haha

[@samuils]

Well its Volvo. So you get 1/3 of a cookie since you got it right the first time and kept and guessing

[@stephensharp3033]

He blames females for prohibition.

[@DrEhrfurchtgebietend]

Look into it. They were the driving force behind the movement in both the first failed push and the second successful one.

[@todd5687]

Iv heard this else where. Chances are it's true

[@joeskeptical4762]

Blames or explains?

[@melclarke64]

Your titles are inflammatory...noone but a republican or conservative will ever click....your clickbait. Try making the truthful and appealing. Destroyed should never be used because it's just not true

[@philpottkentucky4802]

I'm actually embarrassed for Friedman about how ass-backwards every single one of his arguments was. It's an embarrassment the man got tenure with such specious reasoning, not to mention how his policy prescriptions massively failed in the decades to come. Even free market worshippers like Alan Greenspan finally had to admit how Friedman got everything wrong.

[@ItsoDizzle]

philpott kentucky you're just too low IQ to understand anything smarter than you

[@matthewlangley3524]

philpott kentucky Example... anything?

[@genes.1999]

For the sake of useful conversation, kindly detail which of his many arguments you thought was backwards, what of his reasoning was specious and which of his policy prescriptions failed massively.