In this classic footage from a Stanford University lecture, Professor Friedman takes Q&A after his talk "The Role of Government in a Free Society." In this exchange, a young man describes poverty as a "market failure." Friedman, in characteristic fashion, shows otherwise. Though this was recorded around 1979, the exchange is timeless.
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Milton Friedman Schools Young Idealist (Stanford)
Теги
Milton Friedman (Academic)Stanford University (College/University)Welfare State (Literature Subject)Minimum WageFree Market (Literature Subject)Free Trade (Literature Subject)PovertyJohn F. Kennedy (US President)Free SocietyGovernment (Quotation Subject)Moral Responsibility (Literature Subject)Free Enterprise SystemFree To Choose (Book)Unemployment (Quotation Subject)Education
