Loading video...

Video Failed to Load

Go Home

Milton Friedman on Price Controls: "It is a device that Governments have repeatedly resorted to in an attempt to cover up the effects of their own policies." How relevant is this right now… 👏👏👏

385,009 views • 2 years ago •via X (Twitter)

10 Comments

𝘉𝘳𝘪𝘢𝘯 𝘵𝘩𝘦 𝘚𝘤𝘰𝘵𝘪 🏴󠁧󠁢󠁳󠁣󠁴󠁿's profile picture
𝘉𝘳𝘪𝘢𝘯 𝘵𝘩𝘦 𝘚𝘤𝘰𝘵𝘪 🏴󠁧󠁢󠁳󠁣󠁴󠁿2 years ago

Yuri Bezmenov's Four Stages of Subversion 1 Demoralization (Marxist Sequence) 2. Destabilization (Immigration) 3. Crisis (NOW) < 4. Normalization (Defeat)

Justin Jinorio's profile picture
Justin Jinorio2 years ago

These videos are gold. Love Milton Friedman

Rep. Real Diehl's profile picture
Rep. Real Diehl2 years ago

We need a Milton Friedman today. Nobody explained the virtues of free markets like him.

Kimber's profile picture
Kimber2 years ago

Milton was a national treasure!

Investing/News/Sports's profile picture
Investing/News/Sports2 years ago

Professor Friedman lays out the shortcomings of price controls. @UChicago

Craig Cunningham 🇺🇸🇺🇦🇩🇪🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿's profile picture
Craig Cunningham 🇺🇸🇺🇦🇩🇪🇬🇧🏴󠁧󠁢󠁳󠁣󠁴󠁿2 years ago

Awesome explanation of how price controls do not help. If the price rises for eggs then more people will raise chickens. With price controls they might disappear when they cannot be produced except at a loss. Venezuela JUST had this happen a few years ago, so farmers turned to the black market, then gangs wanted a cut of the money, then they slaughtered the chickens and no more eggs for sale.

NOKD's profile picture
NOKD2 years ago

Half of the country probably doesn’t even know who Milton Friedman is anymore. They learn next to nothing in school.

Brad M.D.'s profile picture
Brad M.D.2 years ago

Milton Friedman is the GOAT of economics and Freedom!

Patrick H. Clifford's profile picture
Patrick H. Clifford2 years ago

I received this mass email from Harris's campaign, and it didn't mention anything about price control. She emphasized the danger of Project 2025. Trump didn't endorse it anyway.

Warspite 🇺🇦 🇮🇱 🇬🇧's profile picture
Warspite 🇺🇦 🇮🇱 🇬🇧2 years ago

Price controls are the last bastion of Keynesians. Like Rent Controls, they win favour, but it is scorched earth before inflation lets rip.

Related Videos