Wednesday, August 16, 2006

PBS TV Series "Free to Choose" by Economist Milton Friedman

The legendary PBS TV series "Free to Choose" (1980) by Nobel Prize-winning economist Milton Friedman is now available on YouTube/Vimeo for free by courtesy of the Palmer R. Chitester Fund.

Volume 2: The Tyranny of Control
Volume 3: Anatomy of a Crisis
Volume 4: From Cradle to Grave
Volume 5: Created Equal
Volume 6: What’s Wrong With Our Schools?
Volume 7: Who Protects the Consumer?
Volume 8: Who Protects the Worker?
Volume 9: How to Cure Inflation
Volume 10: How to Stay Free

Updated 1990 Series:
Volume 1: The Power of the Market
Volume 2: The Tyranny of Control
Volume 3: Freedom & Prosperity
Volume 4: The Failure of Socialism
Volume 5: Created Equal

C-SPAN: In Depth with Milton Friedman
Milton Friedman on F. A. Hayek's book, The Road to Serfdom
Free to Choose: A Conversation with Milton Friedman
Commanding Heights: Milton Friedman

Milton Friedman Quotes:
"The most important single central fact about a free market is that no exchange takes place unless both parties benefit."

"Nobody spends somebody else's money as carefully as he spends his own. Nobody uses somebody else's resources as carefully as he uses his own. So if you want efficiency and effectiveness, if you want knowledge to be properly utilized, you have to do it through the means of private property."

"Governments never learn. Only people learn."

"So the question is, do corporate executives, provided they stay within the law, have responsibilities in their business activities other than to make as much money for their stockholders as possible? And my answer to that is, no they do not"

"The only way that has ever been discovered to have a lot of people cooperate together voluntarily is through the free market. And that's why it's so essential to preserving individual freedom."

"Most economic fallacies derive - from the tendency to assume that there is a fixed pie, that one party can gain only at the expense of another."

"Underlying most arguments against the free market is a lack of belief in freedom itself."

"What kind of society isn't structured on greed? The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system"

"History suggests that capitalism is a necessary condition for political freedom. Clearly it is not a sufficient condition."

"The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both."


Kyle said...

I read Free to Choose when I was getting my Economics Degree in the late 1970's. Little did i imagine that Milton would still be alive today!

I cross posted this at my site,
thank you.

Ken said...

Is there anyway to download the videos without having to stream ?

Prismatico said...

Oh I am really sorry I read about this in a mexican blog, but I am a ignorant, but i really like free my mind!!! :(

Anonymous said...

The only online video of the ceremony honoring the life and works of Milton Friedman has just been uploaded to conservative, Republican Eugene Delgaudio’s homepage . Last month Loudon County , Virginia Board of Supervisors passed the resolution naming his birthday, July 31, as "Milton Friedman Day" in the county. The Resolution of Recognition is available at Also, check out the photos at
PBS and other groups plan to devote and entire day to Freidman on January 29. The link to the Wall Street Journal provides a lively snapshot of Friedman’s devoted followers in the comment area I hope that you will take action to recognize Milton Friedman in your area.

Nathan said...

Milton's thoughts are so appropriate even today. Take a look at what the greatest minds in "Capitalism" are wanting to do today...

I challenge you to watch the whole video and listen carefully. The term "state capitalism" comes up more than once, which is a sugar-coated term for socialism in my opinion (based on their description). I think you will find the video engrossing if not a bit frightening. The panelist from France, on the far right, seemed to have the most sense...

Freedom is hard to obtain and easily lost...

Kim Noyes said...

"The society that puts equality before freedom will end up with neither. The society that puts freedom before equality will end up with a great measure of both."

But let's not delude ourselves and ignore the fact that the rich have more freedom than the poor and are better represented in a corporate oligarchy and thus are also more "equal" thus proving Orwell's "All animals are equal, but some animals are more equal than others."

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Anita Jean said...

I think all Americans need to view this series! Perhaps it would change some minds and hearts about stopping the destruction of the Capitalist system by our own government. Maybe you can strike a deal with Netflix or so that the message can be spread worldwide? Just a suggestion.

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Hasibur Rahman said...

Personally I like Milton Friedman quotes. Excellent collection, I have collected many quotes from you. Thanks for sharing!!

Hasibur Rahman said...

Underlying most arguments against the free market is a lack of belief in freedom itself."-Milton Friedman quotes. Really great quote this one. Thanks for sharing with us.

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I have a question how they managed to take this show so long it should be included in Top 7 Best Longest Running Tv Show of All time - it deserves to be there

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