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S7 E7: Gilded Age 2.0

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Milton Friedman's Influence

  • Milton Friedman became a prominent economic thinker and advisor to presidents and presidential candidates.
  • Despite, or perhaps because of, his provocative views, he gained significant popularity.
  • Friedman advocated for reduced government regulation, taxation, and overall size, arguing that people weren't getting their money's worth from government spending.
  • He was associated with the libertarian, pro-market movement supported by wealthy elites like the Koch brothers.
  • Friedman, along with Charles Koch and Friedrich von Hayek, were members of the Mont Pelerin Society, a neoliberal organization.
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