Home > Politics > Milton Friedman and John Maynard Keynes from beyond the Grave

Milton Friedman and John Maynard Keynes from beyond the Grave

From the 1980 series, Free to Choose, the episode, Anatomy of a Crisis.

Highly relevant today, discussing the Great Depression, the role of the Fed, and perhaps most importantly, public opinion.  Includes a surprisingly fair treatment of Keynes.

For the whole video you can go to Google videos.

At 28:22 it goes to a group discussion which can be a lot to follow, however, the following can be generally understood:

Friedman was in favor a steadily increasing supply of money, given that there was a central bank controlling it. He believed that having a stable system was paramount to hoping to have the “right people” in office.

Is it bad I could best most high school curriculums just by drawing from my personal video library?

If you understand that money is a good like any other, and are interested, as I am, in free banking, here is a good primer article.

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Categories: Politics
  1. 2014-07-02 at 21:19:20

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