Podcast Episodes

Episode 8 – Milton Friedman Speaks – Free Trade: Producer vs. Consumer (Podcast)

If free trade is so good, why is protectionism so popular? Part of the answer lies in a simple political principle — interests that are concentrated (those of the producer) are more politically effec…

Published on 6 years, 8 months ago

Episode 7 – Milton Friedman Speaks – Is Tax Reform Possible? (Podcast)

Why do Americans pay more in taxes than they really want to? Can they do anything about it? Americans must understand that their true tax burden is what the government spends, regardless of how that …

Published on 6 years, 8 months ago

Episode 6 – Milton Friedman Speaks – Money and Inflation (Podcast)

Inflation is blamed on many things but it has only one cause. It is a monetary phenomenon. Inflation occurs when the quantity of money increases faster than the quantity of goods. Why does the money …

Published on 6 years, 8 months ago

Episode 5 – Milton Friedman Speaks – What is Wrong with the Welfare State? (Podcast)

The welfare state is an attempt to “do good” with someone else’s money. The aim may be worthy but the means are faulty. The problem is that you do not spend someone else’s money as carefully as your …

Published on 6 years, 8 months ago

Episode 4 – Milton Friedman Speaks – The Role of Government in a Free Society (Podcast)

If we are to define the role of government in a free society, we must first specify the needs a government is expected to provide. Defense from foreign enemies and protection of property, including t…

Published on 6 years, 9 months ago

Milton Friedman Speaks – Is Capitalism Humane?

Episode 3

Is Capitalism humane? According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is Socialism. If we compare the two in terms of results, it is clear t…

Published on 6 years, 9 months ago

Milton Friedman Speaks – Myths That Conceal Reality

Episode 2

According to Milton Friedman, five myths cloud our perception of both the past and the present. (1) The “robber baron” myth which holds that in late nineteenth-century America there were powerful men…

Published on 6 years, 9 months ago

Episode 1 – Milton Friedman Speaks – What Is America? (Podcast)

Is America still the land of opportunity or is it a land worn thin showing much bureaucracy and less freedom? Dr. Friedman’s view of America’s present situation is not sanguine. He identifies the chi…

Published on 6 years, 10 months ago