Milton Friedman & Thomas Sowell 1980 Fairmont Conference FULL SPEECHES, RACE, POVERTY & ENVIRONMENT

[@jackjackson7170]

When Thomas Sowell passes on who will be left to carry the torch of freedom and liberty in the economic sphere? He is a voice of reason we take for granted in this increasingly regulated, restricted, and Marxist world.

[@BasicEconomics]

You and me and the 50,000+ people subscribing to this channel together we can use our voices to win over hearts and minds!

[@markparris3890]

@@BasicEconomics precisely what I was thinking. While it is wonderful to have clear voices with such range and reach in their ideas, there are enough people with enough fragments of the ideas to build a coalition that will carry on their work

[@falcon9983]

It must be us

[@RochusMr]

You, Sir Jack Jackson (2 first names), Sir or whatever you identify as.

[@spencerantoniomarlen-starr3069]

Dr. Antony Davies, Dr. Benjamin Powell, Dr. Bryan Caplan, Dr. Glenn Loury, Dr. Russ Roberts, Dr. Roland Fryer, and Coleman Hughes

[@sapatomaluco]

What a jewel! I am so blessed to watch this from Brazil 🇧🇷 about 41 years later, for FREE! Priceless!

[@APG2112]

“It’s true that the black history is unique, but you’d have to make comparisons to know that.” Damn this man speaks to my moral core. He makes objective thinking look so easy. While I’ve never personally met him, I have absolute respect and admiration for him as a person and what he has contributed to this country/world for all of us. Thank you Dr. Sowell for broadening my understanding of objective thinking and thank you Basic Economics for putting this amazing content together.

[@kimobrien.]

Capitalist government is the problem that's why we need a socialist revolution to get rid of it.

[@jimmypark782]

Whoa. Is this how we use to talk? We definitely regressed. The truth these two provide is refreshing.

[@BasicEconomics]

Glad you are here! Thanks for the comment!

[@richardaronin8829]

This is a reflection of where we were & should be. We need to remember who we are & can be once again! Professor Rich ©️

[@Vl7248]

Keep these gems coming!

[@cradthecrad7171]

26:30 “We have in our amidst tonight, Professor Milton Friedman, who has advocated negative income taxes, vouchers and other schemes to benefit the poor. One may argue for or against those schemes; One may argue more safely against them when he’s not present.” I love when Tom starts cracking jokes, he’s insanely witty when he wants to be.

[@BasicEconomics]

He's the best! He's the GOAT! Glad you caught this one :)

[@jasonjohnson6344]

Can’t agree more!👍👍

[@kimobrien.]

@@jasonjohnson6344 The best social program for the poor is a job at union wages. If the capitalists can't provide them than the government should tax the capitalist and create jobs building the things working people need like homes, schools and hospitals. Free education for training more healthcare doctors and pay for it out of a profits taxes.

[@jasonjohnson6344]

@@kimobrien. Dude, I’m a retired, former member of two trade unions. If you think a completely unskilled person should start out at a union wage...you’re too clueless to converse with.

[@kimobrien.]

@@jasonjohnson6344 You know what? Its thinking like that where only a few deserve to call themselves union that has resulted in the unprecedented losses of membership. I've belong to 7 local union's and at least 3 if not more don't even exist anymore. Including Steelworkers Local 2609 at Beth Steel in Sparrows Point, MD. We started out in the labor dept at $6.90 an hour before moving up on the mill when minimum wage was just $2.30 an hour. Your what Eugene Debs called a privileged "aristocrat of labor".

[@rpalmatres5898]

Thank You BE. I will be sure to add this one to my Friedman-Sowell KZbin rotation.

[@hillaryfleming6962]

Thomas Sowell alone , restores one's faith in the human race .His intellect is unsurpassable, that explains why the media's of the world ignore him as he's too smart for them and would trash them in debate and highlight their ignorance. MILTON Friedman is also exceptional and had a brilliant mind and his contribution is immeasurable. May he RIP.

[@fukuokainternationaldemocr1974]

Thank you sir! Good job nudging the world towards good and away from destructive chaos.

[@kimobrien.]

Its the natural workings of capitalism that produce and reproduce poverty. Both parties that run the government agree on the basic idea that capitalism provides the solution by its government. The government itself is controlled by the two bicking parties of capital jockeying for more power and privilege. The problem is a system that has entered a period of decline as it makes only the rich richer and the poor poorer. The whole neoliberal capitalist project came to a screeching halt in 2008.

[@gen2917]

I can never get enough of these men!👏🏼🙌🏼

[@mdaniels6311]

Why? their economics have failed whenever they've been tried.

[@brettWwjd]

I love these videos! I know that it is not easy splicing together audio and video, we appreciate it!

[@luisgranados9992]

Men ahead of their time... very educational and a window to real thinking and clear predictions and perspectives..!!

[@johnswitzer2199]

I cannot believe this doesn’t have more likes. This was very nicely done. We thought we have seen all Thomas Sowell videos and watched your first one. Then, you went above and beyond to make this video. Bravo and I am going to put this on my social media to help you get more likes and help others to see this. ❤️❤️❤️🙏

[@richardaronin8829]

💯 %

[@trampassmith6482]

Thanks for taking the time, it is truly appreciated.

[@BasicEconomics]

My pleasure!

[@ferg]

I loved every second. The drawing of sowell is amazing 😍

[@bb-lq6dm]

These 2 are just fantastic. Thanks for taking the time to deliver this gem. Live Free 🇨🇦

[@painless4785]

Simply Beautiful! Thanks for going through the trouble to find and put this together; I am one of the people who asked for this conference. Here I am asking again - seems to be a 3 day conference with Walter Williams on the first day and as Tom said a following day where they would show the failures of the interventionist policies. Could you find those? :D Again, appreciate you doing this.

[@paulreuben7343]

Just reading Sowell's autobiography...subbed and liked

[@jonathansanantonio2402]

Thanks for finding & posting these.

[@BasicEconomics]

Glad you like them!

[@nathanwoltermann2639]

Timeless concepts should be conserved

[@stanzavik]

Great work, brother. Thank you for doing this

[@1986Sane]

A thousand thank yous! Blessings

[@BasicEconomics]

You are so welcome

[@ianbanks2844]

Thank you that was wonderful .

[@rcook.4781]

Great find! Loving the channel!

[@BasicEconomics]

Awesome! Thank you!

[@alexanderziomek9086]

Smooth clean edits.

[@BasicEconomics]

Appreciate it

[@ovidiucroitoru2290]

Fabulous! I was looking for this conference

[@DesertDog8989]

Thank you for posting.

[@BasicEconomics]

You bet!

[@yuurishibuya4797]

Awesome thanks for sharing.

[@jonathansanantonio2402]

Would have been nice to hear Walter Williams' part too.

[@BasicEconomics]

if / when I find it, I'll post it!

[@metamorphicme9378]

My, my how things have changed and yet have stayed the same.

[@jasonjohnson6344]

Another much appreciated upload. Many thanks. 👍👍🙏

[@BasicEconomics]

My pleasure!

[@jmain7863]

Interesting how much of the speech was cut out from the video

[@BasicEconomics]

I think the video was edited for a press broadcast and the full uncut is long since lost

[@jenniferthomas3875]

My Dad used to drive a 1980 Fairmont.

[@akichler]

44 years and the arguments are the same. They're still fighting over school vouchers here in Houston Texas black still can't get an education or a whole handful of reasons that were never mentioned here it's like we're driving new cars and living in fancy your houses but nothing has really changed

[@MichaelHiggs-o9s]

THOMAS SOWELL- COMMONSENSE TYPE OF MAN

[@spinnerpete]

The great Milton Friedman speaks, Cameraman, "Wow! what an amazing water jug".......

[@kkampy4052]

Artificial polarization... that is no more apparent than today.

[@kimobrien.]

Polarization is the result of a failing system of capitalist production and trade. Bad housing because bosses can't make a profit on providing affordable good quality housing. More money can be made charging exorbitant rents and mortgages while creating a bigger homeless population. The idiocy of the capitalist market means empty hotel rooms while millions are living outdoors.

[@chriswoods8712]

What was the little music peice at the end?

[@atolliver91]

Something nobody will talk about…

[@romanmaroni1972]

More more more

[@BasicEconomics]

Ha, thanks for the encouragement!

[@MrDanielfff777]

Can we see walter Williams part?

[@BasicEconomics]

I have been digging and digging in archives all over the country, I will not give up!

[@MrDanielfff777]

@@BasicEconomics thanks

[@vernedavis]

one million likes

[@mateowannacomedyremasterz6605]

soo good =D

[@BasicEconomics]

So good to have you here!

[@mateowannacomedyremasterz6605]

@@BasicEconomics you're one of my favorite books!!! Nice to meet you!

[@LiViro1]

34:00 I wish Sowell, Friedman and other similar figures (whom I admire) would seem to care just a little bit about environment issues :-/

[@MrDanielfff777]

Great

[@samuelmatz]

Do people really want to solve problems? Programs are proposed and implemented, with little to none follow-up to see if progress has been made. Both Friedman and Sowell have compelling arguments, that receive little consideration. History is on the side of both gentlemen, in terms of reality, but still their ideas are ignored. Those in power would rather continue their ongoing failed programs. I can not understand such behavior.

[@RevoltingPeasant123]

Both Friedman and Sowell have addressed this very issue on multiple occasions. Quite simply, it is that those in power are not failing, at least in the professional sense. They are doing precisely what the incentives in their occupations reward. They are not in those positions to try and help others, they are there to earn a reliable income and keep it.

[@BasicEconomics]

correct, they do what is politically profitable to get reelected, not what is in the best interest of the public.

[@RevoltingPeasant123]

@@BasicEconomics I find it’s usually worth pointing out, as this opinion is often criticised as cynical, that it also cannot be any other way. It’s a matter of expediency, nobody is suggesting that everyone in the political arena is out for their career, but the ones who are will naturally rise to the top as they have a competitive advantage over someone who tries to compete with a legitimate desire to help others (if such a thing is even possible to determine through nothing more than individual intellectual resources). Essentially, not all politicians are corrupted - just the ones who get elected.

[@seawolf7610]

Who's the father in Sacramento ?

[@BasicEconomics]

not sure I understand the question?

[@richardking9703]

Governor?

[@mdaniels6311]

Some of the most dangerous ideas in existence.

[@victorstalick5528]

It is easy to complain and they have some good complaints. I like much of what they say, but where are the solutions? Allowing complete freedom via a free market system is not the answer because those that HAVE will tend to suppress those that are HAVE NOTS in order to gain more. That is clearly evident in Africa and other places. So we need some positive solutions that allow maximum freedom but somehow help those who are in dire need to rise up and be able to help themselves. They talk about a total free market approach where everyone is responsible for their own success. Sounds good for the average and above average able bodied capable people. But what about orphaned children, disabled people, or the aged? Are they supposed to take care of themselves?

[@nasirj5910]

That’s not necessarily what the data says bro

[@victorstalick5528]

@@nasirj5910 so what does it say?

[@kimobrien.]

Apparently everyone at this conference wants an end to the minimum wage. I guess it's really a conference of bosses looking for a way to increase profits. Of course it includes the usual "Basic economics" where supply and demand along with scarcity neatly explains everything.

[@normalizedinsanity4873]

On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. H. L. Mencken 1924 Sowell is one of the lackeys

[@benybeny8104]

Friedman it's a Typical Model on UNTRUTHFUL GAME PLAYER... while using Impressive Eloquent ? Probably....for SOME.... convincing Words or Illusional UNREALISTIC Ideas/Theories ?... WHILE **Dr.Thomas So we'll SPEAKS THE PROVEN **Real Facts throughout Historical Events & PROVEN Facts**

[@tomsmith6045]

Uh, so, any actual examples of untruthful statements by Friedman?

[@tomsmith6045]

After listening to Friedman, then listening to Sowell, what would you say is an example of a Friedman statement with which Sowell would disagree?