Sunday, July 26, 2009
Milton Friedman on the Phil Donahue Show 1979
Here is a clip of the late libertarian economist Milton Friedman on the Phil Donahue show in 1979. The main issue under discussion was a proposed government bailout of Chrysler. (It is funny how some things do not change in thirty years.) I would like to thank my cousin for sending this clip to me. I challenge anyone to watch the full program and come back and say that libertarianism does not offer a coherent and logical way out of our economic predicament.