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A Conversation with Milton Friedman

Intellectual Portrait Series

Recipient of the Nobel Memorial Prize in Economic Sciences, Milton Friedman (1912-2006) has long been recognized as one of our most important economic thinkers and a leader of the Chicago school of economics. He is the author of many books and articles in economics, including A Theory of the Consumption Function and A Monetary History of the United States (with Anna J. Schwartz). Friedman also wrote extensively on public policy, always with a primary emphasis on the preservation and extension of individual freedom. His most important books in this field include (with Rose D. Friedman) Capitalism and Freedom and Free to Choose. Friedman also wrote a popular column for Newsweek magazine from 1966 to 1983. In this 2003 interview with his former student and fellow Nobel laureate Gary Becker, Friedman discusses his economics, his public outreach, and his thoughts on economic education.

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading plus audio-only file formats, are available at Newmedia at UFM.edu.


   

A Conversation with Armen A. Alchian

Intellectual Portrait Series

Recognized as one of the most influential voices in the areas of market structure, the theory of the firm, law and economics, resource unemployment, and monetary theory and policy, in this 2001 interview, Armen Alchian (1914-2013) outlines the "UCLA tradition" of economics which he founded and explores the many unanticipated consequences of self-seeking individual behavior.

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading plus audio-only file formats, are available at Newmedia at UFM.edu.



   

A Conversation with Anthony de Jasay

Intellectual Portrait Series

Anthony de Jasay, a regular columnist for Econlib, is one of the most original and independent thinkers on the relationship between the individual and the state. Through his published works, he has challenged the reigning paradigms justifying modern democratic growth. His deeply challenging theoretical works include The State, an analysis that views the state as acting primarily in its own interests and often in opposition to the interests of both society and individuals. His other works include Social Contract, Free Ride: A Study of the Public Goods Problem; Against Politics; and Political Economy, Concisely. In this 2000 interview with Hartmut Kliemt, he discusses his work which has become known for its insightful, individualistic, and unconventional analysis of power, politics, and freedom.

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading plus audio-only file formats, are available at Newmedia at UFM.edu.



   

Nobel laureate James M. Buchanan (1919-2013) was recorded in 2001 in an extended video now available to the public. Universally respected as one of the founders of the economics of public choice, he is the author of numerous books and hundreds of articles in the areas of public finance, public choice, constitutional economics, and economic philosophy. Buchanan devoted himself to the study of the contractual and constitutional basis for the theory of economic and political decision-making.
In Part I of the interview, Buchanan discusses the theory of public choice, the exchange theory of economics, and constitutional thought. In Part II, the conversation turns to topics such as the work ethic, the logic of free markets, subjectivism, anarchy, federalism, the Nobel prize, and Buchanan's personal experiences and philosophy.

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading for Parts I and II are available at Newmedia at UFM.edu (Part I) and for Part II at Newmedia at UFM.edu (Part II).

Part I

Part II



   

A Conversation with Israel Kirzner

Intellectual Portrait Series

Israel Kirzner, Professor Emeritus at NYU, is among the foremost scholars in the continuing development of the Austrian school of economic theory. He has extended our understanding of the workings of a free society, illuminated the role of entrepreneurs in the process of economic discovery, and shed new light on the dynamics of market forces. In this interview, recorded in 2000, Kirzner explores these differences, as well as his experiences as student of Ludwig von Mises, his interaction with other Austrian greats such as Friedrich Hayek, and his career as a professor at New York University. He displays his keen understanding of the differences between the Austrian school and neo-classical economics, and how Austrian economics affords new and exciting avenues for future work.

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading plus audio-only file formats, are available at Newmedia at UFM.edu.



   

A Conversation with Ronald H. Coase

Intellectual Portrait Series

Nobel laureate Ronald H. Coase (1910-2013) was recorded in 2001 in an extended video now available to the public. Coase's articles, "The Problem of Social Cost" and "The Nature of the Firm" are among the most important and most often cited works in the whole of economic literature. Coase recounts how he tried to encourage "economists and lawyers to write about the way in which actual markets operate, and about how governments actually perform in regulating or undertaking economic activities."

Additional materials, including a video index and sharing tool, discussion questions, and links for further reading, are available at Newmedia at UFM.edu.


   

Capitalism, Government, and the Good Society

Symposia and Panel Discussions

On April 10, 2013, Liberty Fund and Butler University sponsored a symposium, "Capitalism, Government, and the Good Society." The evening began with solo presentations by the three participants--Michael Munger of Duke University, Robert Skidelsky of the University of Warwick, and Richard Epstein of New York University. (Travel complications forced the fourth invited participant, James Galbraith of the University of Texas, to cancel.) Each speaker gave his own interpretation of the appropriate role for government in the economy and in our lives. This was followed by a lively conversation on the topic moderated by Russ Roberts of Stanford University, host of the weekly podcast, EconTalk.

Additional materials, including an audio file, transcript, and links for further reading, are available at http://www.econtalk.org/archives/2013/09/capitalism_gove.html



   


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Intellectual Portrait Series
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