milton friedman

A 1968 Firing Line interview in which Milton Friedman explains the negative income tax, a proposal to replace welfare bureaucracy with direct payments.

Milton Friedman lectures to physicians on the economics of medical care, arguing that government involvement raises costs and leads toward socialized medicine. He also discusses licensing and protecting patients from quacks.

A short clip of economist Milton Friedman discussing the dynamics of illegal immigration and its relationship with the welfare state. It is part one of two.

A short clip of Milton Friedman clearing up misconceptions about redistribution of wealth and inheritance tax, arguing that a heavy inheritance tax encourages wasteful behavior.

A short clip of Milton Friedman arguing with students that equal pay laws are counterproductive, and that markets penalize discrimination because cheaper equally productive workers are an advantage to hire.

A short clip of Milton Friedman explaining his free-market view of monopoly, namely that monopolies persist mainly through government help. It is excerpted from the Milton Friedman Speaks series.

An 11-minute clip of Milton Friedman explaining the incentives of unions and how they affect employment. He argues unions restrict labor supply, raising pay for some workers while hurting low-skill workers.

An 86-minute Milton Friedman talk arguing that inflation is a monetary phenomenon caused by money supply growing faster than goods, and that the cure is less government spending and money printing.

Milton Friedman explains why the US tax code is enormously complex and why meaningful reform is unlikely. He argues that politicians profit from the complexity, since tax breaks are products they sell and the code works as a tool of reward and punishment. The clip is about 14 minutes from his lecture series.

A two-minute clip in which Milton Friedman uses a humble pencil to show how thousands of strangers across many countries cooperate, without central direction, to make a simple product. It is a short visual version of the 'I, Pencil' essay's argument about free markets and dispersed knowledge.

A short clip of Milton Friedman explaining who benefits from occupational licensing requirements, arguing they mainly protect practitioners from competition.

A clip of Milton Friedman answering an audience member about Ford's decision not to recall the Pinto, in which he defends weighing safety costs against benefits. The uploader's framing is strongly hostile to Friedman.

A two-minute clip from a 1979 Phil Donahue interview in which Milton Friedman makes the free-market case for taxing pollution. He treats pollution as an externality that can be given a price.

A short clip of Milton Friedman on the Donahue show answering whether greed is a vice specific to capitalism, arguing it exists in every system.

A four-minute clip of Milton Friedman, from a 1978 address, discussing property taxes and land value taxation. He says property tax is the least bad tax and explains why it is so unpopular.

The first episode of Milton Friedman's 1980 Free To Choose series, on how markets and voluntary exchange organize economic activity and the price system. It includes visits to Hong Kong, the U.S. and Scotland and a panel discussion with critics.

A three-minute excerpt from Milton Friedman's Free to Choose in which he uses a pencil to show that no single person knows how to make it. He argues that the free market coordinates countless strangers peacefully.

James Hamilton's Tuesday Night Live keynote at AWS re:Invent 2016, touring AWS infrastructure at scale including networking, power and custom silicon. It also features NASA JPL's Tom Soderstrom.

James Hamilton of AWS gives a Velocity 2010 keynote on datacenter infrastructure innovation, focused on power and cooling costs and a breakdown of where datacenter spending goes.

Michael Betancourt's lecture at MLSS Iceland 2014 on efficient Bayesian inference with Hamiltonian Monte Carlo. It covers MCMC concepts and motivation and the problems of sampling in high-dimensional distributions.

James Hamilton, AWS VP and distinguished engineer, gives an insider view of the innovations behind the AWS cloud at re:Invent 2014. He covers custom hardware, networking, regions and availability zones, and infrastructure at scale.

George Friedman of Stratfor speaks at the Chicago Council on Global Affairs about flashpoints in Europe that he expects to erupt again, including borderlands and cultural fault lines.

Lin-Manuel Miranda performs an early version of the Hamilton idea, then called "The Hamilton Mixtape", at the White House poetry and spoken word evening in May 2009. He is accompanied by Alex Lacamoire and the audience laughs along at the premise of a hip-hop song about Alexander Hamilton.

An illustrated 23-minute summary of David Friedman's talk based on The Machinery of Freedom. It describes how law, police and courts could work as market services in a stateless society, covering private law, polycentric law and objections.

Dan Friedman and William Byrd demonstrate miniKanren, a logic programming system for Scheme, in an unconference talk. It includes generating programs by running relations in reverse.

Gerald Jay Sussman speaks at Dan Friedman's 60th birthday celebration about how programming helps formulate and clarify ideas. He argues that ambiguous mathematical notation hinders understanding.

A rap battle in which John Maynard Keynes and F. A. Hayek debate the causes of boom and bust, stimulus, and bailouts. It was produced by Econstories to teach the two schools of thought.

David Graeber's Talks at Google presentation on his book Debt: The First 5,000 Years, covering the history of debt, the myth of barter and the Jubilee tradition.

Audio of Charlie Munger's 1995 Harvard speech on the psychology of human misjudgment, laying out a framework of cognitive biases and mental models for decision making. It covers factors like incentives, social proof and denial.

Peter Thiel is the first guest on Eric Weinstein's The Portal, in a nearly three-hour conversation about technological stagnation, institutional failure and the link between growth and violence. They discuss universities, the economy and the search for a more ambitious future.

Technology Connections examines why light bulbs have the lifespans they do, including the real history of the Phoebus cartel. He shows that bulb life trades off against brightness and efficiency rather than being simple planned obsolescence.

Wendover Productions explains how airlines make money from different cabin classes and why premium seats matter so much to profits. It also touches on how this shaped decisions such as the decline of supersonic travel.

A Last Week Tonight segment on how tobacco companies sustain profits by pushing sales overseas. It covers suits against countries like Australia over plain packaging through trade-deal arbitration.

Economist Richard Wolff's Talks at Google lecture on his book Democracy at Work. He critiques capitalism and argues for worker-run cooperatives as a path to a more democratic economy.

John Oliver's Last Week Tonight segment on state lotteries. It argues that the claim that lotteries fund education is misleading, because the money is fungible and often diverted to general funds.

Wendover Productions examines why carbon offsets so often fail to reduce emissions, covering specific examples and the perverse incentives in offset schemes.

Kurzgesagt makes a selfish case for improving the world, arguing that helping people far away raises prosperity and innovation for everyone, including yourself. The animated video frames this as egoistic altruism and positive-sum cooperation.

A professor from Illinois compares the cost of building, fueling and operating a nuclear plant against a natural gas plant, using visual charts. It shows how construction time and interest rates dominate, when the investment pays off and when costs cross over.

An Adam Ruins Everything segment arguing that tipping should be banned. It covers the history of tipping, its weak link to service quality, and why employers should pay a fair wage.

Psychologist Barry Schwartz argues in this TED talk that abundant choice makes people more paralyzed and dissatisfied rather than freer and happier.