The Michael Berry Show.

Welcome to the Saturday podcast.

I honored to have you here.

Last week we brought you Thomas Soul, who I love and adore and think you can learn a lot from, as I have.

This week, we're bringing you his mentor.

Another of my favorites, Milton Friedman.

Friedman was one of the most influential economists of the 20th century, known for a very fierce

advocacy of free markets, limited government intervention, and monetarism.

He won the Nobel Prize back when it still mattered in 1976 in the category of economic sciences for his

work on consumption analysis, monetary history, and stabilization policy. And they're

pretty dense, they're pretty thick, but it's good reading. This is a speech in which he debunks labor unions and explains the right to work,

which is why we have states that don't require you to join a union. They are known as

right to work states. I now present to you, Dr. Milton Friedman.

Thank you very much.

The subject that was put out for tonight's talk is the subject of who protects the worker.

If you were to have a Gallup poll go around and ask people that question,

or if someone were to go around and ask people in this audience the question of who protects the worker,

I strongly suspect that you would get one out of three possible answers.

Some people would say, oh, of course, it's the unions that protect the worker.

Some other people would tend to say, oh, no, it's more important the government that protects the worker.

And I suspect most people would say it's nobody who protects the worker.

Now all three answers are under some circumstances correct, but all three answers are misleading.

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