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Ayn Rand Institute | Milton Friedman vs Ayn Rand: How To Change the World @AynRandInstitute | Uploaded May 2024 | Updated October 2024, 1 week ago.
In this episode of New Ideal Live, Onkar Ghate and Nikos Sotirakopoulos discuss Milton Friedman’s impact as a public intellectual and how his advocacy of the free market differed from Ayn Rand’s radical philosophical case for capitalism.

Among the topics covered:

● Why Milton Friedman is an essentially positive influence on free market thought;
● How Friedman’s moral conventionality reinforced the ideas he tried to oppose;
● The importance of stating the ideal when advocating for gradual reform;
● Why questions of morality are at the root of economic issues;
● How Friedman’s amoralism and pragmatism blinded him to the statists’ motivation;
● Ayn Rand’s critical evaluation of Friedman;
● Why the abolitionist movement is a model for moving the world toward freedom.


Mentioned in this podcast is Onkar Ghate and Yaron Brook’s course “Cultural Movements: Creating Change” (estore.aynrand.org/products/cultural-movements-creating-change-mp3-download) and Ayn Rand’s essay “Tax Credits for Education.” (aynrand.org/novels/the-ayn-rand-letter/)

The podcast was recorded on May 2, 2024.

0:00:00 Introduction
0:01:25 Friedman’s positive influence
0:06:32 Consequences of moral conventionality
0:17:30 Stating the ideal
0:29:58 Morality at the root of economic issues
0:37:49 Friedman’s amoralism and pragmatism
0:45:12 Rand’s critical evaluation of Friedman
0:51:22 The model of the abolitionist movement


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Milton Friedman vs Ayn Rand: How To Change the World @AynRandInstitute

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