r/videos 2d ago

Milton Friedman on Tariffs and Free Trade

https://youtu.be/59YWFR8lCEc?si=b4jSG79TZrE8CHLl
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u/Ghost_man23 2d ago

It's bizarre to see all the comments posted immediately on this video unanimously dismissing him. I lean left, but Friedman was a genius and intellectually honest and worth listening to, even if you disagree with him (and I disagree with him plenty). Just a good reminder how warped some of these subreddits are that we are dismissing Milton Friedman entirely. In this same Q&A he goes on to talk about the rights of gay people and legalizing drugs in the 60s/70s.

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u/Spiritofhonour 2d ago

I find it interesting few of those comments actually address specifically what he is talking about in the video but instead cite other things or just attack him as a whole.

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u/jspook 2d ago

A broken right-wing-economic clock, being right only two minutes per day, can be dismissed at every moment of the day.

Right-wing economic doctrine got us into this mess. If your point is that even bonkers right-wing economists think using tariffs like this is foolish, then great. If your point is that Trump's complete mishandling of the economy means we need to double down on right-wing economic doctrine, then yeah, people will feel the need to push back against that.

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u/zlex 2d ago

The US has generally been dominated by Keynes economic theories…

Also tariffs, protectionism and command and control economics is generally an ethos of more left wing economic policy do of course anyone right of centre would disagree.