Milton Friedman on C-Span's 'Book Notes' in 1994

I hadn't planned to watch the whole thing --- and this interview's an hour long --- but I got sucked in after just a couple of minutes listening to Dr. Friedman. The other day, when I was renewing my kid's colonial history books at the library, I bought a paperback copy of Friedman's "Free to Choose" for 25 cents at the library's bookstore. I'm just getting into the book, but I've been watching videos online and came across this one. Friedman's lamentations about the creeping socialization of democratic societies --- a trend seemingly inexplicable in 1994, since "everybody agrees that socialism has been a failure" --- are particularly relevant in the age of Obama.

Watch this video in full. If you don't have time, bookmark it for later. It's amazing.

And buy the book, Free to Choose: A Personal Statement.