Latest Episodes
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Episode 8 - Milton Friedman Speaks - Free Trade: Producer vs. Consumer
If free trade is so good, why is protectionism so popular? Part of the answer lies in a simple political principle — interests that...
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Episode 7 - Milton Friedman Speaks - Is Tax Reform Possible?
Why do Americans pay more in taxes than they really want to? Can they do anything about it? Americans must understand that their true...
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Episode 6 - Milton Friedman Speaks - Money and Inflation
Inflation is blamed on many things but it has only one cause. It is a monetary phenomenon. Inflation occurs when the quantity of money...
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Episode 5 - Milton Friedman Speaks - What is Wrong with the Welfare State?
The welfare system in the U.S. started out with the most noble of intentions. However, you'll be hard-pressed to find anyone who is satisfied...
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Episode 4 - Milton Friedman Speaks - The Role of Government in a Free Society
If we are to define the role of government in a free society, we must first specify the needs a government is expected to...
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Episode 3 - Milton Friedman Speaks - Is Capitalism Humane?
Is Capitalism humane? According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is Socialism. Only one...