MrMarket: Milton Friedman, the free market, and France. Veronique deRugy, Mercatus Center George Mason University
The John Batchelor Show
John Batchelor
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🗓️ 1 December 2023
⏱️ 9 minutes
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Summary
#MrMarket: Milton Friedman, the free market, and France. Veronique deRugy, Mercatus Center George Mason University
https://www.creators.com/read/veronique-de-rugy/11/23/america-france-and-the-free-market
1912
Transcript
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| 0:00.0 | This is an |
| 0:05.0 | CVS I in the world. I'm John Bachelor at years in, |
| 0:08.0 | in France and America. How do they compare in terms of their ambitions to grow? How do they compare in terms of taxes? |
| 0:18.0 | In fact, what is the growth story of France? It's famous to the point of being permanently in charge of European |
| 0:26.3 | culture, but what about employment? What about the young people? I welcome |
| 0:31.4 | Verinique de Regis, who introduces to me to some amazing statistics |
| 0:36.0 | about France, but before we get there, Verenique, a very good evening to you. |
| 0:40.5 | Milton Friedman is identified with the free market. My memory of |
| 0:44.5 | Milton Friedman, having talked to him once or twice over the years, is that his |
| 0:49.2 | general opinion was every dollar you take out of the economy in taxes limits the growth of the |
| 0:55.6 | economy for everybody the young medium the middle class and especially for |
| 1:01.6 | those who need care in their seniority. |
| 1:04.8 | That's what I remember. |
| 1:06.9 | You begin your column at Creators Syndicate by indicating that people in the powerful positions of Washington are now mocking Milton Friedman. |
| 1:16.5 | Why? Do they refute that that that interpretation of what taxes do? |
| 1:23.6 | I think it's because it's fashionable to listen |
| 1:25.8 | to the voices of all those people who think |
| 1:29.2 | that America is a terrible country, |
| 1:32.4 | that the free market hasn't paid off for most people or it's only |
| 1:37.7 | benefited for rich people which obviously is not true but this is it's a very it's a very fashionable position to have |
| 1:48.9 | and freedman who is probably the most well-known representative of the free market position |
| 1:58.0 | is the target of those who want to claim that you know these ideas pushed by Friedman are you know out of |
... |
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