Is Capitalism humane? According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is Socialism. Only one is based on the principle of voluntary cooperation and free exchange. The other is based on the force of position and power. What freedoms would we lose under centralized control, and why does the support for some vague system labeled Socialism still exist?
Recorded in 1992, Daniel Gressel, PhD, Economics, University of Chicago, Milton Friedman, 1976 Nobel laureate in Economics, and Robert Hall, PhD, Economics, Stanford University,...
If free trade is so good, why is protectionism so popular? Part of the answer lies in a simple political principle — interests that...
Today’s podcast is titled, “Is Optimism Warranted.” Herbert Stein and Ben Wattenberg, Senior Fellows at the American Enterprise Institute, consider the many factors which...
