Friedman on Capitalism and Freedom

September 04, 2006, Featuring Milton Friedman

Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost 50 years ago in Capitalism and Freedom. Listen to the most influential economist of the past 50 years discuss the principles of liberty, social responsibility of business, the inertia behind bad legislation and his career as economist and public intellectual.

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Readings and Links related to this podcast

Podcast Readings
HIDE READINGS
  • Part I of this two-part podcast with Milton Friedman.
  • An Interview with Milton Friedman. Transcript of the two Friedman podcasts.
  • Capitalism and Freedom at amazon.com
  • Proposals for Liberalization (comment discussion) and New Interview with Milton Friedman on EconLog
  • Addendum: This interview was recorded on July 28, 2006.
  • Featured Speakers and Categories: Milton Friedman on Books Favorites Interviews Nobel Prize Winners

    Posted by Russ Roberts


    Comments (9)


    Titicamara wrote:

      Nice interview. :)

    Posted on September 5, 2006 04:30 AM


    acassel wrote:

      Russ,

      Just a tip: When you have a great interview subject, your readers/listeners are generally best served by the inteviewer staying out of the way. For someone whose technique is worth emulating, you might want to check the podasts of "Radio Economics" -- it's a mark of just how unobtrusive the host is that I can't even remember his name. But he gets some interesting people on, and then just lets them talk.

      Bottom line: I wanted more Milton, uninterrupted...


    Posted on September 5, 2006 10:21 AM


    Chris Meisenzahl wrote:

      Wonderful, thank you!

    Posted on September 5, 2006 11:31 AM


    CalcaMutin wrote:

      I disagree with acassel's comment #2. I thought the chemistry between Russ and Milton was great. Russ were you a student of Milton?

    Posted on September 5, 2006 09:17 PM


    Clovis wrote:

      I can say my morning has well started. I was just looking around the Internet and i'm happy of the discovery i made. It's a big service you grant us RUSS allowing us to follow such debates.

      I read your interview with G.,Mankiw and i'm going to start that of M., Friedman. Thank you thousands of time.

      Listener from FRANCE.

    Posted on September 6, 2006 03:04 AM


    Russ Roberts wrote:

      CalcaMutin,

      You asked if was a student of Milton's. In my first semester at Chicago as a graduate student in economics, Milton taught a non-credit class for anyone who was interested. The format was quite simple. We could ask him anything we wanted and he would answer. Most of the first-year students sat in and we did ask him everything. We'd even ask him questions off the core exam—the qualifying exam required at the end of the first year. He usually got them right, but he struggled once or twice which made us feel very good. In the middle of that semester, he won the Nobel Prize which was very exciting.

      But I am truly his student in the same way that you are perhaps—I have read many of his books and been influenced by his ideas.

    Posted on September 6, 2006 09:36 AM


    Andy Au wrote:

      It's so great to hear the master talking about his great ideas. Particularly for those who have never been to Chicago.

    Posted on September 8, 2006 08:35 AM


    k wrote:

      I agree with acassel, but being an interviewer is hard and requires some practice... with that excuse, maybe you could interview Milton again some time soon ;)

    Posted on September 10, 2006 04:08 AM


    roy wrote:

      sorry to master.

    Posted on November 17, 2006 04:40 AM



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