Milton Friedman on The Phil Donahue Show, 1979
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Submitted by CARPE DIEM
Part 3 here. (Starting at about 1:00 in this segment is the famous part where Milton Friedman “schools” Phil on “greed.”)
In 1979, Milton Friedman appeared on The Phil Donahue Show and discussed The Great Depression, the New Deal, the auto industry, auto (Chrysler) bailouts, greed, Amtrak, auto emissions regulation and airbags, Ralph Nader, tariffs, free trade, price controls and gas shortages, oil companies, etc., and other topics that are still relevant today.