Milton Friedman on Phil Donahue show in 1979. It’s amazing how we repeat history. There is a complete video series on youtube of Friedman on Donahue addressing many issues that are pertinent today. Worthwhile watching.
They talk about big oil and windfall profits. Government bailing out a big 3 auto company. Big government spending and money creation leading to inflation. Freedom vs. Fairness Personal responsibility.
Here is one segment on greed and socialism vs. capitalism: the rest of the videos are interesting as well.
www.youtube.com/watch?v=RWsx1X8PV_A
Here is another from Friedman on economics of socialized medicine in 1978: I guess we haven’t learned much in 30 years!
