Friday, July 16, 2010

Milton Friedman on Donohue: Socialism vs. Capitalism

Found this after looking at a recommended interview with Ayn Rand. I used to watch Donohue, and as much as he is pushing in this interview to get Friedman to admit a flaw in capitalism, he shows respect for the answers. I also noticed that Friedman was comfortable enough to smile--that is good hosting by Donohue.

EDIT: See also the other parts of the interview. Here is part 1. Part 2. Part 3. Part 4. Part 5.

See also a year later. Donohue is more aggressive and openly liberal (see his personal frustration in places). Friedman is unflappable and polite (see use of "Excuse me" many times in both interviews.) Part 1. Part 2. Part 3. Part 4. Part 5.

I would like to have seen Friedman debate Paul Krugman, a more recent (and unabashedly liberal) Nobel Prize winner in Economics.

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