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Milton Friedman on greed --- An old Phil Donahue show video
youtube ^ | 1979 | Milton Friedman

Posted on 10/09/2011 10:33:55 AM PDT by dennisw

http://www.youtube.com/watch?v=RWsx1X8PV_A

So clear and cogent, Freidman demolishes Phil Donahue. Greed and the lies of politicians who claim they are not greedy but are above it


TOPICS: Business/Economy; Crime/Corruption; Culture/Society
KEYWORDS: economics; greed; virtue

1 posted on 10/09/2011 10:33:59 AM PDT by dennisw
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To: dennisw

Milton Friedman - Greed

In his book "Capitalism and Freedom" (1962) Milton Friedman (1912-2006) advocated minimizing the role of government in a free market as a means of ...

by mearbhrach 4 years ago 1,357,796 views

Milton Friedman on Donahue #2

Milton Friedman on Donahue. This is where the famous "Greed" clip comes from.

by EducationalChoice 2 years ago 5,117 views


2 posted on 10/09/2011 10:35:43 AM PDT by dennisw (nzt - works better if you're already smart)
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To: dennisw

Good and timely post. Thanks.


3 posted on 10/09/2011 10:47:16 AM PDT by fullchroma
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To: dennisw

I never get tired of watching that. Good post!


4 posted on 10/09/2011 11:07:03 AM PDT by Las Vegas Ron (Rush Limbaugh = the Beethoven of talk radio)
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To: dennisw

I love how easy it was to make Phil look like the idiot he is. Milton was the best.


5 posted on 10/09/2011 11:09:06 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
I love how easy it was to make Phil look like the idiot he is. Milton was the best.

Yes, Friedman vs Phil Donahue is an intellectual mismatch of epic proportions. Donahue isn't even bright enough to ask the right questions. Donahue isn't even bright enough to understand that poverty is the natural condition of man. Who was more poor than the caveman? Donahue assumes wealth exists naturally. It is only recently (in relative terms) and only in certain countries that have practiced free markets and capitalism that people have risen out of poverty. We can easily fall back into poverty with the likes of mental midgets like Phil Donahue and much more importantly Barack Obama.
6 posted on 10/09/2011 11:24:11 AM PDT by truthguy (Good intentions are not enough.)
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7 posted on 10/09/2011 11:24:11 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: Toddsterpatriot

Oh that means a lot to me coming from you :)


8 posted on 10/09/2011 1:06:40 PM PDT by dennisw (nzt - works better if you're already smart)
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To: dennisw

Milton would have made your call for high tariffs look idiotic too.


9 posted on 10/09/2011 1:10:15 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Toddsterpatriot
Milton would have made your call for high tariffs look idiotic too.

This video is from 1979 when we dominated world trade. Zero Japanese automobiles being imported. We rarely ran trade deficits and they were tiny if we did. It was easy to be for free trade back then but times change
10 posted on 10/09/2011 1:33:29 PM PDT by dennisw (nzt - works better if you're already smart)
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