Milton Friedman discusses Reagan and Reagan discusses Friedman

Uploaded by on Aug 19, 2009

Nobel Laureate Dr. Milton Friedman discusses the principles of Ronald Reagan during this talk for students at Young America’s Foundation’s 25th annual National Conservative Student Conference

MILTON FRIEDMAN ON RONALD REAGAN

In Friday’s WSJ, Milton Friedman reflectedon Ronald Reagan’s legacy. (The link should work for a few more days.)

I first realized what a truly extraordinary person he was in early 1973 when I spent an unforgettable day with him barnstorming across California to promote his Proposition 1 — an amendment to the state constitution that would set a limit to the amount the state could spend in any year. We flew in a small private plane from place to place and at each stop held a press conference. In between, Gov. Reagan talked freely about his life and views. By the time we returned to our final press interview in Los Angeles, I was able to give an enthusiastic yes to a reporter’s question whether I would support Reagan for president. And, I may say, I have never been disappointed since.

As a good social scientist, Frieman also has data. It doesn’t make Bush I look too good, but it does bust the myth–popular among some libertarians–that Reagan did nothing real to shrink government.

 

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 Milton Friedman and Ronald Reagan
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