Professor Mark J. Perry's Blog for Economics and Finance
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Poor Michael Moore. Simply a mile wide and an inch deep.
Thanks, Mark. Can't ever get enough Uncle Milty!
Thanks! Giving a voice to Freedom, he was brilliant. So many unclear thoughts in our heads, so little time ...
There are many parts of these lectures Milton gave, available on the internet, but nowhere have I been able to find a complete series of these lectures. It would be great if somewhere we could find them. It is unfortunate that people today are almost never exposed to these concepts, which only Milton could deliver so simply and clearly.
I hope someday Dr. Perry posts about some of Milton Fridman's other stands.1. The home mortgage interest tax deduction is bad.2. Military mobilizations should be financed by a progressive consumption tax, and militaries should be kept as small as possible. 3. Pollution should be taxed. 4. The gold standard is for idiots.5. Subsidizing rural economies is bad.
Dr. Friedman was both a brilliant man and charming human being. I can't think of anyone who did as much for liberty in the last century. He is truly missed.
Watching this I immediately think of what Thomas Sowell called the quest for "cosmic justice."
"I hope someday Dr. Perry posts about some of Milton Fridman's other stands."Ah, more lecturing from Benji, the minimum wage advocating, protectionism favoring, socialist health care cheering, Obama voting True Economic Conservative. It never gets old.
Perhaps the research wasn't available "back then," but one other point Uncle Miltie might have stressed is the MOBILITY of people up AND DOWN the economic ladder. It is this unique characteristic of an economically free society that gives ALL the hope of bettering their financial condition. I'm sure Mark has posted such data here before.
AIGYou can find many Milton Friedman videos at this great YouTube channel, as well as many other great videos.Here is his 1980 PBS TV series "free To Choose".Have fun.
"I hope someday Dr. Perry posts about some of Milton Fridman's other stands."By the time he started making videos, he had corrected his earlier faulty thinking, and no longer held these views. Tough luck.
My previous comment was in reference to Milton Friedman, not Dr. Perry.
Ron, thanks. But I was specifically referring to these lectures he gave at universities. LibertyPen only has segments of them, and I was wondering where the complete series could be found.
This kid was way off. IF you actually go back and read about the most wealthy people that ever lived, most came from abject poverty. He is right that the kid born in India can't be blamed for being somewhere with less capital than England or America. Yet the child's kin CAN be blamed for not having the proper conditions set forth to create that wealth.
@3:04 "...what you're doing is to establish a society in which the incentive is for people, who if they by accident accumulate some wealth, to waste it in frivilous entertainment..."Sadly our society needs no incentive to waste money.
Friedman fans!!Consider this site: "Free To Choose" (1980) a TV Series by Milton Friedman
"Consider this site: "Free To Choose" (1980) a TV Series by Milton Friedman"Yeah, that's a great site. Hopefully you will reach someone who isn't already enjoying it. :-)
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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