Milton Friedman on The free society
I gave a talk at the Catholic University of Chile under the title "The Fragility of Freedom." The essence of the talk was that freedom was a very fragile thing and that what destroyed it more than anything else was central control; that in order to maintain freedom, you had to have free markets, and that free markets would work best if you had political freedom. So it was essentially an anti-totalitarian talk.
Commanding Heights: Milton Friedman interview
Interview, 2000, PBS, “On His Role in Chile Under Pinochet,” interview conducted October 1, 2000
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The emphasis of that talk was that free markets would undermine political centralization and political control. And incidentally, I should say that I was not in Chile as a guest of the government. I was in Chile as the guest of a private organization.
Commanding Heights: Milton Friedman interviewInterview, 2000, PBS, “On His Role in Chile Under Pinochet,” interview conducted October 1, 2000Checked against the sourceRead the transcriptThe Chilean economy did very well, but more important, in the end the central government, the military junta, was replaced by a democratic society. So the really important thing about the Chilean business is that free markets did work their way in bringing about a free society.
Commanding Heights: Milton Friedman interviewInterview, 2000, PBS, “On His Role in Chile Under Pinochet,” interview conducted October 1, 2000Checked against the sourceRead the transcriptI must say, it's such a wonderful example of a double standard, because I had spent time in Yugoslavia, which was a communist country. I later gave a series of lectures in China. When I came back from communist China, I wrote a letter to the Stanford Daily newspaper in which I said, '"It's curious. I gave exactly the same lectures in China that I gave in Chile. I have had many demonstrations against me for what I said in Chile. Nobody has made any objections to what I said in China. How come?"
Commanding Heights: Milton Friedman interviewInterview, 2000, PBS, “On His Role in Chile Under Pinochet,” interview conducted October 1, 2000Checked against the sourceRead the transcript
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