n honor of Milton Friedman, we are streaming the ground-breaking Free to Choose series as it originally aired in 1980 as well as an updated 1990 version. http://www.ideachannel.tv/
Volume 1 - The Power of the Market (1980)
Americas freedom and prosperity derive from the combination of the idea of human liberty in Americas Declaration of Independence with the idea of economic freedom in Adam Smiths Wealth of Nations. Friedman explains how markets and voluntary exchange organize activity and enable people to improve their lives. He also explains the price system. Friedman visits Hong Kong, U.S. and Scotland.
Volume 2 - The Tyranny of Control (1980)
Government planning and detailed control of economic activity lessens productive innovation, and consumer choice. Good, better, best, are replaced by “approved” or “authorized.” Friedman shows how “established” industries or methods, seek government protection or subsidization in their attempts to stop or limit product improvements which they dont control. Friedman visits India, Japan and U.S.
Volume 3 - Anatomy of Crisis (1980)
The Great Depression has been popularly viewed as a failure of capitalism. The stock market crash, the failure of the Bank of the United States, loss of personal savings, were visible symbols supporting this belief. As Friedman explains, the real cause was the unseen failure of government policy and action. Yet this crisis resulting from government failure leads to decades of government expansion.
Volume 4 - From Cradle to Grave (1980)
The welfare state arises from the attempt to do good with other peoples money. Such attempts always fail because: Nobody spends somebody elses money as carefully as his own. Welfare is supply driven. Those spending the money use force to collect it and to insure those receiving it use it for “right” purposes. Good intentions are corrupted by bad means. Friedman visits U.S. and Britain.
Volume 5 - Created Equal (1980)
The Declaration of Independence says, “all men are created equal.” Friedman explains that this did not mean all persons should or will have equal talents or income. Equal opportunity to better ones self, and the right to personally benefit from the gains realized, are consistent with freedom. Equality of results requires force. Taking from some to give to others destroys freedom and removes the incentive for creating new wealth. Friedman visits India, U.S. and Britain.
Volume 6 - Whats Wrong with our Schools (1980)
Parental choice and parental responsibility in the education of children is the U.S. tradition and is consistent with a free society. Centralized government control has eroded freedom and adversely affected the quality of education. The poor help pay for education for the future rich. Friedman has long advocated using vouchers to solve the problem. He explains why. Friedman visits U.S. and Britain.
Volume 7 - Who Protects the Consumer? (1980)
Various government agencies have been created on the claim that they will protect the consumer. These agencies restrict freedom, stifle beneficial innovation, and become agents for the industries or groups they are intended to regulate. Friedman explains how the apparent chaos of the market place, the competition of many suppliers for business, is the best protection of consumer interests.
Volume 8 - Who Protects the Worker (1980)
Unions sometimes protect some workers - their members - but usually at the expense of other workers. Government protects its employees and special groups of workers at the expense of other workers. Both unions and government restrict freedom. Friedman explains how the competition of employers for the talents of workers leads to the highest wages and best working conditions.
Volume 9 - How to Cure Inflation (1980)
Inflation results when the amount of money printed or coined increases faster than the creation of new goods and services. Money is a “token” of the wealth of a nation. If more tokens are created than new wealth, it takes more tokens to buy the same goods. Friedman explains why politicians like inflation, and why wage and price controls are not solutions to the problem. Friedman visits Japan, U.S. and Britain.
Volume 10 - How to Stay Free (1980)
Democracies have only recently been considered desirable. Historically, it was feared that democracies always self destruct when citizens, forgetting that you cannot remove want and misery through legislation, insist on government actions that physically and morally bankrupt their nation. Friedman explains why the United States has so far avoided this outcome and how we can continue to do so. This program includes an interview of Dr. Friedman by Lawrence E. Spivak.
The American Heritage Dictionary defines socialism as a system of social organization in which the means of producing and distributing goods are owned by a centralized government that plans and controls the economy. Both Webster and Random House identify socialism as a "Marxist theory." Socialism requires a totalitarian system that gives the ruling gang the power to distribute the fruits of other people's labor to its political pals. That is what is happening to the United States as President Obama proceeds with his goal of "remaking America." ...the pro-Obama media have been propping up non-Republicans to lecture us about which topics Republicans are permitted to discuss... Obama acolytes and their media sycophants have been telling lies about Republicans (starting with Gitmo and the CIA), so it's time for Republicans to tell the truth about Obama's dangerous and malicious Marxist policies to spread the wealth of taxpayers to non-taxpayers. The Republican National Committee (RNC), which for years had been a stuffy establishment appendage, started to tell the truth on May 20 when it passed a resolution nailing the Obama administration for "proposing, passing and implementing socialist programs through federal legislation" and pushing our country "towards European-style socialism and government control." Nine "Whereases" spell out the political indictment in detail.
El Presidente Obama
Great article!
One of the many gems:
“Some of these local dealerships have been family-owned for generations. The Chrysler and GM dealership closings are estimated to eliminate 187,000 jobs, which is more than the number of people who work for the two automakers.
Now we can see the icing on the cake for the politicians who use economic dictatorship to punish those who resist socialist planners. Nearly every one of the closed local dealerships had donated to Republican candidates, almost none was an Obama contributor, and some dealerships owned by Democrats are not getting the ax.”
How many people realize that more people will lose their jobs with the dealership closings than will lose them with plant closings? I sure didn’t. Glad she mentioned the political cronism going on as well. Obama is overstepping his constitutional authority big time and it is past time to call him out on it too!
Yes, Czar/Kommissar Obama and all his little Czars. Old Russia with a red tinge. Sounds familiar doesn’t it?
CHEKA = KGB, same old, same old
Some people among younger or older generations seem to ignore EITHER wath ISLAM and ISLAMISM IS since their cultural and religious education are VERY(incredibly)WEAK or partial.
The PC multicultural average opinion(brainwashing),aired by MSM, considers that all cultures and religions are equivalent...
And you have today a muslim friendly POTUS who will apologize for 9/11 and everything and somehow promise that USA are and will be a muslim country....
GO FIGURE