I miss Milton Friedman

Posted by T. Greg Doucette on Jul 23, 2010 in Randomness | Subscribe

Back when I was a college dropout, I developed a really intense interest in economics — probably owing to the fact I was perpetually broke and working low-wage jobs :beatup:

I started reading some of the economics books that were out at the time (I’ll confess to even reading a Paul Krugman book or two) in addition to the classics like The Wealth of Nations. Then at some point I read Economics in One Lesson by Henry Hazlitt which, the title of the book notwithstanding, is a comprehensive, accessible, and mind-changing analysis of economics and government.

After reading Economics in One Lesson I found myself falling into what is known as the Chicago “school” of economics, and from there read a string of books from folks like Friedrich Hayek, Ludwig von Mises, and Milton Friedman.1  Friedman in particular was fun to read because he had a similar intelligent-but-accessible style as Hazlitt. He even had a ten-part TV series on PBS talking about economics :surprised:

Anyhow, at some point while roaming around the web today I saw this video among the “related videos” links you get on YouTube. It reminded me of the Socratic method of law school a bit… but also reminded me that I miss Milton Friedman and economists who can engage their audiences.

Here’s the video:

Have a great evening y’all! :)

  1. Hayek and von Mises are actually considered part of the Austrian school, but I’m lumping them all together here because they have similar principles — don’t send me hate mail if you’re a Hayek or von Mises fan :P :)   []


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