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1950:. It was based on a 15-part series of taped public lectures and question-and-answer sessions. The general format was that of Milton Friedman visiting and narrating a number of success and failure stories in history, which he attributes to free-market capitalism or the lack thereof (e.g., Hong Kong is commended for its free markets, while India is excoriated for relying on
1939:
maintains that the free market works best for all members of a society, provides examples of how the free market engenders prosperity, and maintains that it can solve problems where other approaches have failed. Published in
January 1980, the 297 page book contains 10 chapters. The book was on top of
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in the years leading up to it. They further argue that the
American public falsely perceived the Depression to be a result of a failure of capitalism rather than the government, and that the Depression allowed the
2335:, each give personal introductions for one episode. This time, after the documentary segment, Milton Friedman sits down with a single discussion participant to debate the points raised in the episode.
2003:
2588:. In the final chapter, they take note of recent current events that seem to suggest a return to free-market principles in academic thought and public opinion, and argue in favor of an "economic
1982:. The interlocutors would offer objections to or support for the proposals put forward by Friedman, who would in turn respond. After the final episode, Friedman sat down for an interview with
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policy. They call for tighter control of Fed money supply despite the fact that it will result in a temporary period of high unemployment and low growth due to the interruption of the
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government policies and their cost in personal freedoms and economic efficiency in the United States and abroad. They argue that international free trade has been restricted through
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Burgin, Angus (2013). Mata, Tiago; Medema, Steven G. (eds.). "Age of
Certainty: Galbraith, Friedman, and the Public Life of Economic Ideas".
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and protectionism while domestic free trade and freedom have been limited through high taxation and regulation. They cite the 19th-century
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The
Friedmans also argue that declining academic performance in the United States is the result of increasing government control of the
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by limiting jobs. They argue that inflation is caused by excessive government spending, the
Federal Reserve's attempts to control
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are responsible for rising healthcare prices in the United States. They suggest completely replacing the welfare state with a
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broadcast the programs, beginning in
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The
Failure of Socialism (original title: "What's Wrong With Our Schools?") – Introduction by David D. Friedman
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with a number of selected debaters drawn from trade unions, academy and the business community, such as
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Freedom and
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principles. It was primarily a response to an earlier landmark book and television series
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Brandes, Sören (December 2015). Ahrens, Ralf; Böick, Marcus; vom Lehn, Marcel (eds.).
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to centralize its control of the monetary system despite its responsibility for it.
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and government regulation of the public school systems. The
Friedmans argue that the
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on extensive business regulations since the 1960s, and advocate abolishing the
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2469:" as opposed to "self-reliant individuals." They also argue that the
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as ideal examples of a minimalist economic policy. They contrast the
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have become larger than originally envisioned and are creating "
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Zeithistorische Forschungen/Studies in Contemporary History
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by enforcing high wage levels, and for contributing to
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and diminished quality of low-income housing, and that
2641:
The Tyranny of Control – Introduction by George Shultz
2752:
Jeremy Arendt's Video Collections from PBS Broadcast
16:
Book and television series produced by the Friedmans
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2203:(economist, bureaucrat, social worker) – Episode 4
2734:Streaming of the original 1980 television series
2165:(economist, journalist, diplomat) – Episodes 3, 5
1940:the United States best sellers list for 5 weeks.
1910:, accompanied by a ten-part series broadcast on
55:but its sources remain unclear because it lacks
2301:(economist, political commentator) – Episode 8
2269:(economist, author, columnist) – Episodes 4, 5
2039:National Highway Traffic Safety Administration
2992:Documentary television series about economics
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1878:
1364:International Alliance of Libertarian Parties
8:
2425:by neglecting to prevent the decline of the
671:Individualist anarchism in the United States
98:
2650:Created Equal – Introduction by Steve Allen
2461:empire" have been harmful. They argue that
2021:William H. Brady (Founder and President of
21:For other uses of "Freedom of choice", see
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2766:
2758:
2259:Thomas Shannon (Executive Director of the
1885:
1871:
239:
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2504:tracing back to the 1840s, but suggest a
86:Learn how and when to remove this message
2311:The series was rebroadcast in 1990 with
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251:
2714:(supp. 1). Duke University: 191–219.
2349:economic policies, often criticizing
2004:Massachusetts Department of Education
99:Free to Choose: A Personal Statement
7:
2540:would be resolved by abolishing the
1937:Free to Choose: A Personal Statement
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2738:as well as an updated 1990 version.
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14:
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651:Abolitionism in the United States
618:Title-transfer theory of contract
2816:Friedman–Savage utility function
2568:for raising prices and lowering
2497:as a less harmful alternative.
2393:after its independence from the
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1840:
1828:
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1551:The Mainspring of Human Progress
263:
104:
32:
3012:Television shows based on books
2987:Collaborative non-fiction books
2554:Environmental Protection Agency
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2254:American Federation of Teachers
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1460:The Creature from Jekyll Island
523:Natural rights and legal rights
2616:What's Wrong with Our Schools?
2522:Interstate Commerce Commission
2473:is fundamentally flawed, that
2211:Consumer Federation of America
2047:(politician, President of the
2018:(economist) – Vol. 3 Episode 5
1736:Libertarianism in South Africa
1565:The Myth of the Rational Voter
1:
2633:Video chapters (1990 version)
2596:Video chapters (1980 version)
2481:programs have contributed to
2275:(Executive Vice President of
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1902:is a 1980 book by economists
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453:Free-market environmentalism
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1399:Young Americans for Liberty
1321:Libertarian science fiction
3038:
3007:Harcourt (publisher) books
2619:Who Protects the Consumer?
2592:" to cement the changes.
2463:public assistance programs
2240:G. D. Searle & Company
2238:(politician, President of
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1509:The Future and Its Enemies
1467:Defending the Undefendable
1439:The Case Against Education
1425:Anarchy, State, and Utopia
20:
2836:Friedman's k-percent rule
2502:American education system
2315:moderating the episodes.
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1994:Guest debaters included:
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2403:Soviet Union
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1993:
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1071:Commentators
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538:Non-politics
443:Free banking
385:Voluntaryism
82:
76:January 2024
73:
62:Please help
54:
18:
2802:Statistics
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1149:Politicians
1082:Chamberlain
824:R. Friedman
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814:M. Friedman
809:D. Friedman
548:Open border
448:Free market
438:Evictionism
428:Departurism
365:Paternalist
68:introducing
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2826:Monetarism
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1932:Overview
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969:Rockwell
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864:Heinlein
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804:Franklin
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784:Chartier
719:Georgism
681:New Left
513:Localism
315:Feminist
245:a series
222:330.12/2
184:xii, 338
176:Hardback
149:Harcourt
127:Language
2534:Conrail
2439:welfare
2415:tobacco
2355:tariffs
2224:chemist
1948:WQLN-TV
1788:Spooner
1523:Liberty
1305:Culture
1210:Ventura
1205:Sarwark
1175:Johnson
1127:Stossel
1112:Pugsley
1107:Postrel
1102:McElroy
1092:Gutfeld
1029:Thoreau
1014:Skousen
979:Samuels
924:Mencken
914:LeFevre
909:R. Lane
879:Hospers
859:Hazlitt
844:Griffin
834:Garrett
799:Epstein
794:Ebeling
769:Brennan
759:Barnett
754:Andrews
640:History
503:Liberty
280:Agorism
274:Schools
130:English
113:Authors
64:improve
2940:(wife)
2931:Family
2902:(1980)
2894:(1963)
2886:(1962)
2878:(1962)
2870:(1953)
2580:, and
2570:demand
2532:, and
2530:Amtrak
2524:, the
2520:, the
2455:Sweden
2361:, the
2331:, and
1974:) and
1904:Milton
1803:Wilson
1798:Teller
1768:Prince
1681:Jacobs
1227:Issues
1190:McAfee
1185:Massie
1059:Yarvin
1054:Wilson
1044:Wilder
1039:Volokh
1034:Tucker
1009:Sowell
944:Nozick
929:Menger
919:Machan
904:Konkin
884:Huemer
854:Harper
849:Gordon
839:George
779:Carson
774:Caplan
375:Techno
290:Austro
2946:(son)
2858:Works
2391:India
2379:Japan
2086:union
1793:Taleb
1288:State
1195:Nolan
1155:Amash
1137:Woods
1122:Stone
1117:Smith
1097:Jones
1024:Thiel
1019:Szasz
1004:Somin
999:Smith
994:Scott
934:Mises
874:Hoppe
764:Block
355:Paleo
330:Green
181:Pages
135:Genre
49:, or
2556:and
2544:and
2489:and
2477:and
2453:and
2413:and
2405:and
2252:and
2083:IBEW
1906:and
1215:Walz
1200:Paul
1160:Burt
1132:Will
959:Read
954:Rand
939:Nock
869:Hess
203:OCLC
190:ISBN
160:1980
2716:doi
2548:on
2459:HEW
2389:of
2377:of
1978:of
1944:PBS
1928:.
350:Neo
325:Geo
2968::
2712:45
2710:.
2697:12
2691:.
2528:,
2327:,
2323:,
2319:,
2102:,
2098:,
2061:,
1986:.
247:on
53:,
45:,
2781:e
2774:t
2767:v
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