Milton Friedman Crushes Man's 3 Questions like Dixie Cups
In this classic Free To Choose Network footage (1978), Milton Friedman takes three questions from an audience member and crushes them all.
The real problem is, that as we move from the local community to the state, from the state to the Federal government, it becomes increasingly difficult for us to control the mechanism we have established and that mechanism tends to control us. That was the great wisdom of the founding fathers of this country, of the people who wrote the Constitution. That constitution was designed to limit government’s powers in order to preserve the freedom of the individual, and what has happened in the past fifty years is that the fundamental character of the Constitution has really been changed. We have broadened enormously the conception of what is a governmental power and what is not, and have departed from that limited government until we have created a Frankenstein, an unlimited government that threatens to destroy us.
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I think it's an indicator of his remarkable intellect that he can remember all three of the man's questions, almost word for word, after having spoken for almost five minutes in response to the first one.
I was thinking the same thing as I watched this.
Yeah, I noticed that as well!
Rich McCormack How could uou write my thoughts exactly? Am in awe at how this mans mind works.
Even the guy who asked the question didn´t remeber what he was going to ask :D
I thought the same thing... i forgot the first 2 questions
"Don't let the government become the master instead of the servant." - Milton Friedman
Too late
“Government is like fire. A handy servant but a dangerous master” George Washington
Bunch of socialists
Yep, I'm still waiting on anyone to tell me one thing government has ever done efficiently, without wasteful spending. The ACA website comes mind, or how UPS, FedEx, and DHL can work the same area as the post office but be profitable.
Way too late
If Milton Freedom were still around, I would love to see him debate Bernie Sanders.
+Knuckle_Bump lol, Do you hate Bernie Sanders?
Lord and Savior Trump Hate is too strong of a word. I find is rhetoric worry-some and a step in the direction of having more of our freedom eradicated.
Knuckle_Bump Don't worry about Sanders. In the unlikely event he even gets the nomination(which is doubtful), he'll crumple in a debate against any conservative candidate. He couldn't handle BLM protesters at his own rally, or Chris Mathews questioning him about his policy that Mathews even supports.
+Knuckle_Bump Friedman would do so well it would turn into a comedy show.
+Knuckle_Bump Yes, that would be an interesting debate. However, Bernie would still walk away from it (even after being reamed a new a-hole by Friedman) believing his "system" would work despite Friedman's facts and logic.
Respect to the questioner, who asked a coherent set of questions, then sat down to listen to the expert answer them.
I'm not used to hearing someone speak with such a quiet room. No screaming? Just a quiet room? I can't concentrate!
2:12 "Spending isn't good, what's good is producing!" ...You can almost hear the heads of Keynesians explode.
It occurs to me that I'm almost getting more education per dollar from KZhead than from college.
Almost?
Almost?
Almost?
Are you on a full ride scholarship?
Wow. God bless facts and reason!
He doesn't CRUSH the man or he questions. He just answers them.
No. In this case, he absolutely demolishes him. One of the few times I'll let a video title like that slide.
Sorry they didn’t cut to a clip of dudes jumping around in a park screaming. But he CRUSHED these questions. No hype. Just serious intellect.
@ The word your looking for is "Schooled" not Crushed.
He argues with good manners and respect, not these shit storms people call debates nowadays.
Some Guy RECT!!! By Milton Freidman!!!
What a remarkable mind. Whether you agree with his values or not, the man had such a grasp of the subject that he barely needed to think before answering questions.
+gary wood he had good values too but that wasn't generally what he discussed, he talked about economics
well said
Yeah.. He was a genius, pretty much.
***** Well, he's clearly extremely smart. It would be stupid to sincerely think he was an idiot, so I'll just give you the benefit of the doubt and conclude you're being dishonest :p
Jeremiah, His values were evident by his views on economics. He was a fair and just man.
This man's genius, eloquence, softness, and good manners really put me into shame.
The troublesome thing is that 30 or so years after Friedman and Thomas Sowell's peak, our government has grown ever more controlling.
Friedman actually did not "crush" the questions; he expanded on them very reasonably to crush the premises upon which the questions were based.
You were new on YT, weren't you? (4 years ago when you made this comment)
So many questions today are accusations. "Answer yes or no, Have you stopped beating your wife?"
"If you acted the same way as government agents, you would be in prison."
If anyone does what the cia does they would be called terrorists
VIPKID Vault ... we a person spends like the government they grow bankrupt.
Yes, but there is no one to really, honestly, hold them accountable.
If you extort people for money, that's called robbery. If a big corp extorts people for money, that's called business. If the government extorts people for money, that's called taxation.
What, if u acted like government agents u would be in jail, cmon man.
Am I the only one impressed with his ability to remember the entire three part question? I'm not worthy...I'm not worry...Great answers, couldn't agree more.
Joseph Casey I am impressed. I would have required the asking of only one question, per person. Give someone else some questioning time. Three parts, no way.
I'm impressed you not noticing he was reading those back
He not even ask, can you reepeat that question.
"Spending isn't good; what's good is producing!"
An amazing man. We could certainly use him today.
This man, even in 2016, blows my mind every time!
Why?
He knew and totally understood his subject.
It blows my mind that he keeps talking to you in 2016...
But it is your mind after all... So...
@@anitaa6475 did he now? Wowowowow wow he knew his garbage economics? Wowowowow ow super wowsers
"Provided we don't let the Government becmoe the Master rather than the servant..."Too late.
Milton: "The government has become a Frankenstein!" Well said and very true.
He was brilliant. There are so few as clever people today.
BiL Zenovic Islam is Satans puppet.
BiL Zenovic The love of money is the root of all evil. But, money doesn't have to be used for evil.
+iambehindthemirror Walter E. Williams and Thomas Sowell, also economics doctors.
+iambehindthemirror - Thomas Sowell is one of them. Absolutely brilliant.
And Walter Williams.
The fact he recalled the first two questions was astounding in and of itself.
I thought so too.
Where is the equivalent of Milton Freidman in 2020? Please, we need them 🙏 desperately.
This man had such an incredible grasp of the concepts that affect society... and he was also genius enough to simplify them so that healthy principles could be understood and fostered in all who heard him. Milton Friedman was sincere, truthful and genuinely wanted to see the betterment of society as a whole--the mark of a truly great economist.
im still too dumb to understand his dumbing down.
We spend one semester teaching Keynesian economics and all the bulshit of the multiplier without even using this beautiful explanation from the supply side.
Could you imagine how great our country would be if Milton Friedman were president?
so true
+Knuckle_Bump Like Chile in the 70s.
This would be heaven to me.
It would be the greatest country in the world again
+Knuckle_Bump Impossible. Not many people like the hear horrible truths Friedman tells. They prefer lies to keep them happy.
Milton Friedman and Thomas Sowell - two of the greatest economists of 20th C.
God we need a Milton Friedman in today's world.
Every elementary, middle, high school, community college and university should require a course by Milton Friedman.
haha yeah but no but yes
Never happen, he uses plain language and logic.
Nah. Present an objective look at economics, not a partisan one person perspective.
I was in college in the mid-80's, and that was indeed part of the curriculum when I was there studying business management. We were required to go on our own time - individually - and watch his series of films in the library. I really used to look forward to it.
Capitalism and Freedom should be taught in junior or senior year of high school
If we had only listened to him and heeded what was being said but we became complacent. Our school systems, media became invaded and controlled by the non producers. Our government is a unchecked beast right now as i sit here - 2021, Day 11. What a shame.
...sigh...we really need Mr. Friedman today.
Look up Misesmedia on youtube, we have young ones coming behind Milton.
Welm nineeight if have to say Ben Shapiro may feel those shoes by the time he reaches his prime.
We have Rand Paul but nobody besides me voted for him.
@@Screenwriting probably because in comparison to his dad hes a huge letdown.
Dr.!
Milton Friedman was a remarkable man with a remarkable intellect and remarkable memory. I doubt my ability to remember each of the three questions! I'm sharing his videos with my 20 year old son, in the hopes of educating him on the basic principles of economics, and the tremendous importance and advantages of a free economic system!
Freedom!
I couldn't even remember the questions they were so needlessly wordy. Friedman was so smart and fast on his feet.
I love Milton... he makes so much sense out of economics and government
if this guy would be president today he could run 3 presidences at the same time
Oh, what a great man! How kind he is, how logical he is, how extraordinary arguments he uses, we need you Prof. Friedman, more than ever!
This Man, Even in 2017, Blows My Mind Every Time!
Pure alpha male..A real man of intellect, strong body language and eloquent.. Y'all should stop watching those contemporary guys trying to sell you the latest cream that will make your beard shine lmao
This talk should be required reading in all 10th grade government classes across the country.
milton!!!!!!!!! we need you know more than ever.
@ 2:13....."spending isn't good, what's good is producing". What a great concept. If 100% of Americans "produced" something of value, we would be much better off as a society. Instead.....50% of us don't do anything, don't pay taxes, and ultimately have to depend on the 50% that do produce something. Eventually, more people will be in the cart, then pulling the cart.
Diogo Dias You don't seem to understand...
Alan Falk uhhh...I think its called Liberalism.
Ur right Alan, it's called Marixist in the WH with democrats who are hardcore socialists.
Diogo Dias Spending is not an end unto itself, production is all that matters. If money is spent just for the sake of spending, nothing is gained. Only when money is spent for something produced is anything gained, and that is only because something was produced. en.wikipedia.org/wiki/Parable_of_the_broken_window
Diogo Dias You completely misunderstood the broken window fallacy. It says the opposite of what you think it does. People spend money for the sake of spending money all the time. It's called consumerism and its encouraged by some as good for the economy, but that is a fallacy. However, this thread is about how it pertains to a bloated government.
Milton Friedman was pure genius.
Brilliant. Simply brilliant.
Genius...memory on this guy to answer the three part question, and then go back to the first two. Amazing delivery as well.
Milton Friedman is someone every American needs to listen to and learn from. I have listened to people in their 40s 50s 60s 70s and 80s talk about government as a thing that thinks independent of the people that are in government my entire life. The people in those age groups are the people teaching the youth today their failed understanding. Its also those age groups that hold the majority of the countries wealth. Those groups are the most thick headed and without them admitting they are wrong on what they think they know and learning what is correct this country will continue to be a sinking ship. Its god damned embarrassing how many people are working successful jobs and have met their goals in their lifetime and are still children throwing temper tantrums when someone proves them wrong. When its shown they are the ones who let this country go to shit through their collective mismanagement by following the incorrect principles to long term success. Their lack of care and selfishness has condemned their children to lifetimes of debt and poverty.
Obviously his warning was not heeded. Government has grown by leaps and bounds since 1978.
nice interview, things really changed for friedman 18 years earlier, after meeting with ronald coase. by then friedman was already working with systems control, but when he saw coase's equations and recognized their potential for establishing new financial and insurance products, he wrote them into chicago-school law. thus making milton the fed's economic echo for the next 40 years, and giving policy makers & financiers a green light to produce the extraordinary levels of wealth condensation & evaporation we see today.
Amazing intellect
Greed exists one way or another. Capitalism channels greed into productive activity. Socialism, whether Soviet Communism or German Nazism, channels greed into death and destruction. Friedman was a gift from God to help people realize that economic freedom is essential to personal freedom and prosperity.
Conservatives harken back to the true liberals who built America. Modern "liberals" harken back to Communism and Nazism. Did you ever notice that Nazi means National SOCIALIST, and the Democratic Party is essentially socialist? Socialism is contrary to liberty and has failed everywhere from Russia to China to Cuba. Friedman preaches liberty, which is the path to self-reliance, dignity and prosperity. This is the path that God wants for us, and that is why Friedman is a gift from God. Just ask yourself: are Americans freer since Obama took office?
You have no idea what you're talking about. Give me an example of how the world is freer now that Obama is president. Also, a state is not a republic just because it includes "republic" in its official name. People in China and North Korea do not vote for their leaders. There's nothing republican about that. Russia, China, Iran and North Korea are some of the most oppressive states in the world.
Almost as imposing as is his intellect is how gracious and winsome he is with his questioners. Look at any debate or Q&A in which he participated, and you will see the same kindness. I think his character had much to do with helping people receive his arguments. "The tongue of the wise makes knowledge acceptable" (Proverbs 15:2)
It seems like he would have had a bigger influence.
We need a modern day Milton Friedman... badly.
He doesn't crush the questions, he simply smiles and crushes the world
A genius ahead of his time.
AMEN, Mr. Friedman!!
Such a beautiful mind. Common sense never sounded so good.
This man is the definition of perspicacious.
We hd Milton Friedman and we still have Thomas Sowell, but we won't listen and so we lose.
This man (Milton Friedman) should have been a US President!!
Anyone else watching in 2019?
Of course. I have to comeback to restore my sanity.
YES, AND AM AS IMPRESSED WITH THE MAN AS BEFORE
He was pure brilliance!
I wish I had a Milton of Millennials.
You can pass this around on social media.
Bear Juden search up Ben Shapiro
Daniel Kalish agree that Shapiro is similar, but I would say that Friedman is closer to a pure-capitalist then Shapiro.
@@danielkalish8031 Shapiro is a neo-conservative who talks fast. Tom Woods is far better.
@@danielkalish8031 Ben Shapiro is an idiot, comparing him to Friedman is an insult.
Wow, he remembered his question almost word for word!
In a few minutes he smashed my skull open and filled it with new visions.. amazing. in Italy nobody ever mentions this man. And Indeed we have a state who is increasingly looking as a frankenstein created by not knowledgeable people.
I seriously recommend you to read Cicero and Frederic Bastiat , fratelli. After the war, powerful groups of interest took over the entire Latin world and flipped the Islamic world around. Don't you find it weird that both left and right in Italy wanna tax the shit out of the population??? you already know Italy's state services are incompetent, everyone in Italy knows it...so why is it that ever talking about abolishing most of it to have super low taxes is always labeled as "oligarch" "country seller" etc etc etc. ? food for thought. Populism's greatest trait is that it doesn't hide the great wealth and power concentration and progress of the government, but rather, tricks the populous into believing that such growth actually benefits the average idiot as well.
There is no one alive today that could hold a candle to this man's debate skills. He speaks so fluidly and so intelligently with no need of a teleprompter.
Ty. This info has been known for 40 years and we are still enacting programs that are at best not effective but usually counterproductive to their purported goals and objectives.
One might wonder how long he would last today before being de-platformed for some reason or other.
Right here! This is one of the best arguments for small/localized government! I do believe (it’s June 2020 right now) that we have most certainly lost our way. It begs the question, how do we (as a country) find our way back?
Listen closely to his last statement folks.. No truer words have been spoken
I remember when Milton Friedman came to my university in the late 1970s. Although a lot of the students didn't like him (though to be fair they really didn't understand or even know his work), they were all polite to him. Imagine if Milton Friedman were to try to speak today at Berkeley or other schools where they have threatened Ben Shapiro and attacked speakers?! The modern Storm Troopers of the far Left make their requirements known quickly and violently.
And the "Anti-Fascists" are the biggest fascists.
@@eltigre249 No they are comunists, stop trying to be cute.
There’s a difference between this guy and Ben Shapiro though
Let me ask you a question Christopher, how do you think Milton Friedman would do as an economic advisor? What do you think the country would like after following his ideas?
You're comparing Shapiro to noble prize winning Friedman? Gosh. What a ridiculous comparison.
That man just destroyed the NWO with a broad smile and a perfect memory.
Milton Friedman was a brilliant Economist and Philosopher..I never tire of listening and learning from my mentor...or Thomas Sowell..another brilliant conservative.
He's a liberal. Nothing conservative about Liberalism.
Great man.
In Sweden we have a former CEO called Leif Östling who got MASSIVE CRITICISM for asking the question “What the hell do l get for my money”? He was accused of tax planning, but still he had payed over 100 million kronor in taxes..... I think EVERYONE should ask that question, ALL THE TIME!
I fear the government has now become "the master"!
And the government has only gotten much worse since this debate 😞
His grasp on economics was second to none
Bravo Mr. Friedman. Great insight and wisdom.
1978 standard of living was peaking. Today look around and ask, should we follow Milton's advise?
Sir, you are missed!
Wonderful to see such an erudite man with such a clear understanding of the topic and his views on it. Especially compared to those with half baked ideas they half learned at university thinking they are actually challenging him.
A remarkable man who I greatly respect.
Today we're on the USS Titanic. Government at all levels is sinking us. 40 years ago I was a low level manager in state government. I was ordered to spend money for things we didn't need because if we didn't we would lose the funding for the next year. It's only worse now.
What kind of things? Just curious.
An all-too-common story. I had it from a family friend in the school system. "We have all new stuff! Can you use the money in another department?" "Spend it, or they'll cut the budget next year."
Same with the military. Use all 20,000 rounds for the company so we don’t send any back, if not we’re going to be short ammo next year and no retakes for qualifying.
Yes, and people like Obama are telling us, "Hey, look at all this water!" "Lets blow a hole in the bottom of the boat, so all the water will run OUT!"
No - not government at 'all levels'; the democrat party.
Even as a left leaning Economics student in the early 1980s I had to respect the intellect, knowledge and simplicity of communication of Milton Friedman. I am a lot more experienced and wiser now and Friedman’s message is more pertinent than ever.
The guys smart but being smart and being right arent mutually inclusive. The guy was so hopped up on his own fumes that he couldnt engage fully in criticisms of his theories. From him and the Chicago boys we get the disaster that is the Pinochet government in Chile, and the multitude of his policy preferences never actualized in the US. On the whole his report card isnt great.
Man, you could hear this man for hours. What an intellectual!!
Bright as a proverbial button.......so good to listen to.
Friedman was a real economist who dedicated his life to it and had a complete and total understanding of it. I wish that people like Bernie Sanders and his followers would open an economics book of proven economic principles, even just one. If they had the intellect to absorb what they were reading, and I believe that most would, it would completely change their beliefs. As an economics instructor, it is sad to see the widespread ignorance in these areas of study. Unfortunately, the lack of this knowledge will ultimately have very costly consequences.
+B Steele Is there a particular book that you would recommend?
+Peter Caires "Basic Economics" by Thomas Sowell was written for the lay person. Best book on the topic that I have ever read. However, I never read any of Milton Friedman's work and based on these youtube videos, I imagine that his books would be just as enlightening.
+B Steele I was a huge Bernie Sanders supporter. But then I saw the light of people like Mises, Hayek, and Rothard, and Friedman. What you're saying is absolutely correct and I'm glad I woke up to these things before election day. It's a shame people don't care for economics that much anymore.
+Peter Caires road to serfdom, or a wealth of nations.
+Peter Caires did you find one?
While school is necessary to give a basis for a subject, I appreciate seeing videos like this to hear different views on Economics. I'm not saying I have a complete grasp on economics but I understood what he meant and could agree. Thanks for sharing.
We need this guy again
Brilliant. Our nation needs many more men like Mr. Friedman if it's going to survive.
wow. amazing break down. and he makes it sound all so simple. that was the talent of Milton Friedman.
Wow. The last few minutes of this video are powerful.
dude remembered the first question word for word after he just gave a three minute answer to the third question..alien
That's the way this *Legend* takes foolish doubts, Mind blowing
A fantastic mind.
Brilliant, factual, succinct and indeed, crushing. I'm sharing this far and wide, so many are ignorant of this wisdom.
These basic principles form the foundation of our self-government system. We all (should have) learned these things BEFORE we left for high school. This man calmly reminds us of how thoroughly the Founders thought this through.
Amazing how he remembered and answered the questions. Mesmerizing.
Why is it so hard for us nowadays to understand this wise man's words? We've created a monster called government!
More precisely, the monster isn't government, _per se;_ it is the bureaucracy. The unelected, unaccountable, "4th branch" of government. Fred
I watch these old videos and these people seem so much more intelligent and capable of grasping complex, nuanced issues than 90% of the people I run into today, I'm starting to think that ancient man was actually brilliant and we've been getting dumber the whole time. LOL
The line about the big exception where he explains the head of state has to be a servant and not a master to the people explains a lot about almost every major incident / conflict in recent memory.
true genius
WOW! Brilliant!