The blunt truth about greed and freedom that was delivered over 30 years ago
This is really poignant interview that occurred decades ago but today we seem to be losing the wisdom here of Milton Friedman or of the founding fathers for that matter… Originally posted on TheBlaze.com on Tuesday, Jan 14, 2014 at 1:19 PM CST
On radio this morning, Glenn played a portion of a 1979 interview between Phil Donahue and Milton Friedman, in which Friedman offered a very well-articulated argument in favor of minimizing the role of government in a free market system as a means of creating political and social freedom. It is Friedman’s eloquent delivery of what could be considered a complex theme that Glenn was most concerned with.
“[We have to be] more than alert and knowledgeable,” Glenn said. “We have to be able to explain to our fellow citizens what raises our eyebrows, what makes us even more alert, and what we have found in our knowledge… Milton Friedman did a great segment on the Donohue show years ago on greed. Listen to what he said.”
Watch Friedman and Donahue debate the power of greed:
“That is a beat-down of everything that’s being said right now,” Glenn said. “[But] nobody is articulating it that way. He asks the question: Where in the world does greed not rule?”
What makes Friedman’s delivery so unique is his ability to discuss harsh realities, while holding fast to his principles. Considering the lack of honesty in our world today, Glenn questioned why Friedman is often characterized as a villain.
“Nobody is talking about real world stuff. Nobody is saying the truths that need to be spoken. He spoke truth,” Glenn concluded. “It was clear. It wasn’t about politics. It was about basic principles. Milton Friedman should be the most popular guy on every campus because this guy is talking truth…”