Milton Friedman: Explaining the Tides of Socialist Ideas

Milton Friedman, recipient of the 1976 Nobel Prize for Economic Science, was one of the most recognizable and influential proponents of liberty and markets in the 20th century, and the leader of the Chicago School of economics. In this video from 1999, he gives a history lesson on the 20th century and talks about how the practice of capitalism and socialism comes in tides after the formulation of the ideas. Complete Video quoted under creative common licence:    • Milton Friedman on Tides of Political Thou...   --- This channel aims at extracting central points of presentations into short clips. The topics cover the problems of leftist ideology and the consequences for society. If you like the content, subscribe to the channel!