From the 1970’s, a great half-hour interview.
Thanks to Robert Lawson for the pointer.
From the 1970’s, a great half-hour interview.
Thanks to Robert Lawson for the pointer.
Jun 27 2006
My latest essay summarizes some ideas I've been blogging about lately. An empirical argument attempts to convince you using logic and observation. A trust cue threatens you with loss of membership in a valuable group unless you take a given position. One might hope that colleges and universities might espouse empirici...
Jun 27 2006
John C. Bogle and Burton G. Malkiel write, We concede that there is some evidence, based on numbers compiled by Ibbotson Associates, that long-run excess returns have been earned from dividend-paying, "value" and small-cap stocks -- albeit returns that are overstated by not taking into account management fees, operat...
Jun 26 2006
From the 1970's, a great half-hour interview. Thanks to Robert Lawson for the pointer.
READER COMMENTS
Drew
Jun 26 2006 at 9:59pm
Milton Friedman’s entire series Free to Choose is also now on google.
http://video.google.com/videosearch?q=free+to+choose
Matt
Jun 27 2006 at 1:27am
In my opinion, he is wrong about flat taxes.
Matt
Jun 27 2006 at 1:56am
Let me expand.
Milton claims the an economy which is 40% government is too much government, and his theory of government stops there. One cannot be a good economist unless one can explain 40% of the economy.
Since he as no real theory of why we have so much government, one might start by applying a private sector economic theory to government and see if that helps. What Milton says is that we need lower taxes and lower spending. As a first shot at explaining goverment, that proposal runs counter to supply and demand. Somethings wrong.
Steve
Jun 27 2006 at 5:11am
The clip is depressingly timely.
William
Jun 27 2006 at 3:06pm
Perhaps Milton should read more of John Meynard Keynes and his Treatise on Probability.
Milton claimed, in the interview, the United States is heading the way of the totalitarian regimes of Great Britain and Chile. Keynes stated in Treastise the future is uncertain, and there are some things in life “….we just do not know [sic]”.
-William
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