4 vs 1 | Milton Friedman faces FOUR British Leftists in HEATED Debate (1980)

The only difference between these leftists and modern ones is they actually would talk to people with a different opinion.

I like how this is considered heated at the time. Modern debate really has degenerated .

My government takes my $100, then spends $120 on $70 of stuff that I didn't ask for.

"He doesn't allow anyone else to get a word in." Freedman: Smiling

Seems to me UK economists were panicking in 1980 over Friedman's growing influence and the BBC set up 'a hit' via this debate. They underestimated him completely.

As a Brazilian myself, I find amusing seeing Brazil being brought up to debate as a good example of something aside drug trafficking. The only words that still stand up today come only from Mr. Friedman's mouth.

These Brits must have cried rivers when thatcher came in

Friedman's most interesting quote..."Having open borders is incompatible with the modern Welfare State "

This aged like milk. Especially that bloke talking about Sweden and France

“We’ll that says something very bad about A level economics in this country”. Didn’t even flinch 😂

It takes 4 leftists to attempt to debate one capitalist.

How dare the great Milton Friedman tell us British that heavy-handed government isn’t the panacea!

Milton is still famous and the others non consequential

Interesting how the brits keep interrupting and making disparaging personal attacks and Milton just smiles back at them

I lived in England at the time his was filmed. As an American, England at that time seemed very poor to me. At that time, the British government owned and ran the coal mines, steel mills, ship building, phone company, airlines, natural gas, and more. When I returned 35 years later, I was blown away at how rich England seemed -- in large due to the fact that the government had sold off all those assests and the private sector raised wages and spurred new investment.

This is how things used to be. A conversation was had, both put forward their beliefs and examples, viewers/listeners agreed or disagreed and made their own minds up. No flags, protests or blue hair in sight.

As an Englishman these "lefties" embarassed me.Friedman was gracious and handled their immaturity with aplomb and class.

Oooh those Brits, especially the english, love their government intervention. They argue for it, practically beg for it. And then blame it for all their woes in the same breath😂

I was studying economics at university in the late 70s when the UK economy was in the toilet after decades of Keynesianism, and the ideas of the Chicago Monetarist school were being debated. Any rational analysis showed that state spending (based on high taxes and/or borrowing) squeezed out private investment, entre-preneurship, and the desire to work. On the absurd assumption that politicians and civil servants can spend peoples' money more effectively than the individuals who know the value of their own money.

"You haven't even reached A-level economics in this country." "Well, that says something very bad about A-level economics in this country." Damn!