MILTON FRIEDMAN & LARRY ARNN - FULL DISCUSSION 2006

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2 жыл бұрын

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Пікірлер: 28

@NotAnEconomist 2 жыл бұрын

This is Milton's last or one of the last appearances, he died in the same year. He is 94 yet so sharp in his logic, humor, and general intelligence.

@BasicEconomics 2 жыл бұрын

Look at Sowell at 91, as sharp as ever!

@NotAnEconomist 2 жыл бұрын

@@BasicEconomics yes, hope he lives much longer. We can't underestimate how much we need people like them, especially today.

@kylepusey7753 2 жыл бұрын

“Free to choose” a great book. Many of the example while written years ago still holds true today.

@blueeyedbull67 2 жыл бұрын

Milton Friedman may have been the single most influential person in the last 50 years to red pill the world. He was not just an academic genius but also his greatest skill was his ability to dumb down his genius where he could have the least educated person understand the most complex economic theory and how it applied to our every day life. All college and university educators should follow in his footsteps and get out of the ivory towers of academics and bring knowledge to the every day people.

@michaeldehorney5989 2 жыл бұрын

I wish I had a chance to meet Milton. He might've only been 5ft tall but that Man was a GiANT intellectually.

@garbonomics 2 жыл бұрын

Ah yes I remember seeing this ages ago! It’s interesting how much Miltons monetary theory has been proved correct by the astonishing amount of money the fed has printed through COVID and the subsequent inflation we’re seeing.

@will4417 2 жыл бұрын

The only reason why the theory was questioned to begin with is because imports put pressure on prices when economies opened during the 90s while velocity of money was going way up and inflation remained reasonable. What we're seeing today is the result of slowing imports and money printing like there was no tomorrow since 2020.

@VincentWeisTheThird 2 жыл бұрын

Friedman was disproven only in the sense that he claimed that inflation was nearly exclusively a function of money supply, and thus was produced by governments that control it. This relied on the money velocity remaining stable, and that turned out to be untrue, though it was stable for a long time, particularly when A Monetary History of the United States was released. His primary assertions about the relationship between supply and value of money haven't been disproven, but the degree of importance of that relationship have been challenged and expanded upon.

@edpiv2233 2 жыл бұрын

What a treasure. Sad that he is gone.

@jdmesa0925 2 жыл бұрын

The country today has done its utmost to deviate away from these arguments that are so crucial to maintaining and expanding upon the values and freedoms of our great nation. RIP

@BasicEconomics 2 жыл бұрын

Sowell thinks we may just well be past the point of no return...

@jdmesa0925 2 жыл бұрын

@@BasicEconomics let’s hope that he is wrong on that one. That more and more people watch this channel and other like it. That more people get to hear Sowell while he is still here