Another of my favorite economists, Thomas Sowell, schools a liberal on welfare. It is interesting how the arguments never change. You should watch the post on “do gooders” after this.
By the way for you Glenn Beck fans out there the liberal is Francis Fox Piven who Glenn regularly talks about.
Milton Friedman discusses economic behavior as it relates to “moral” or “immoral” laws.
This clip by Thomas Sowell is not quite as entertaining, but the information is worth watching.
This is the first of many clips where Milton Friedman schools a true “do gooder,” Phil Donohoe.
You can substitute “free phone,” “free heath care,” “free school” for the “free lunch” in the video of Milton Friedman.
Thomas Sowell makes an argument that a welfare state is just following the same tenants of slavery.
Milton Friedman is one of my favorite economics. He is brilliant, but most importantly he has a way of explaining things in a very simple way. Why his lectures, widely available on YouTube, are not shown in every school is a mystery to me. Here he discussed the magic of the pencil
This video was a take on the famous book(let) by Leonard Read titled I, Pencil.