and you'll hear about milton friedman in terms of that. >> you mention milton friedman a lot. which i agree with, by the way, i think he had -- >> i mean, when you think about 2016, you got to think about the income inequality argument as one of the dominant themes of our political discourse at the moment. >> right. >> and i think the root of that is milton friedman. >> right. >> and then -- >> well, he also gives the republican party a new message which it hadn't had in many years. >> absolutely. to me -- >> which reagan makes popular. >> -- it was the anti-keynesian message -- >> absolutely. >> so you go from keynes right to milton friedman. and i think right now and the arguments about how america's economy rewards or doesn't reward the middle class is tied into this milton friedman argument. >> you called the tea party far right. why? >> they're far right. [laughter] >> do you want to elaborate? >> well, i mean, if you stop and think about this is another element in the book. there's a, you know, it's funny, nobody mentions this guy, and he has a whole chapter in the book.

freedom --: stanley friedman was a deputy mayor. he did the legwork. said anything you want, you got, and stanley friedman, the deputy mayor, shepherded right until the last day. on the last day of the administration stanley friedman personally approved the award of the garden room, which hangs over 42nd street, which was unprecedented at the time they something that's a very controversial decision. on the final day of the administration, he walks out of the office, and the next week he starts at roycroft's law firm. stanley freeman ultimately is rudy giuliani, became the most powerful democratic boss in the state of new york ended all kinds of things for donald trump. the queenss, who was president, whose brother-in-law had a lighting company. --n you look at trump power trump tower every day, he did all the lighting in the lobby. that was the brother-in-law. sorts ofld stir up all business for his brother-in-law. puts of putting a kitchen knife through his chest and killing himself when rudy giuliani is after him, and these are the guys that are abso

try it at walmart's low prices. >>> earlier we met singer/songwriter adam friedman. you crazy for the rest of the day and summer. >> he's back with his newest single performing this -- >> "lemonade." >> adam friedman. [ applause ] ♪ i went down to georgia looking for the one ♪ i even checked in new york city, i didn't have no luck ♪ so i'm going to sc where all those pretty girls ♪ are hiding, i got my old school chevy and labrador ♪ headed down to the record store, begging ♪ california, you're my last hope, give me someone ♪ i can take home and i don't know how much longer ♪ i can wait, so make her 5'5", big brown eyes and sweet like ♪ lemonade ♪ i got that good cologne and i got that charm ♪ i just need a pretty cali girl to put under my arm ♪ and i know what you need because i need it, too ♪ a little love and affection all night long ♪ i got a whole bunch for you ♪ going down to california, you're my last hope ♪ give me someone i can take home ♪ and i don't know how much longer i can wait moat note so make her 5'5", big brown eyes ♪ and sweet like lemonade ♪ now t

there is tom friedman who writes thoughtful, likable essays, and then there is tom friedman livid. thomas friedman livid this morning. tom: on hatred of hillary, megan murphy -- hatred of hillary is really out there, isn't it? is out there. it is undeniable. but thomas friedman says there with thesebankruptcy politicians failing to come out and criticize. tom: is it enough to make the middle ground go into the booth and push aside their hatred, interest inke, or un hillary clinton? megan: how willing is america willing to -- how willing is america to blow up its american political system? when we will see is, is america willing to distance itself from its traditional conception of what politics is and what a president is? if they do that, trump has a chance. if they do not, it is going to be hillary clinton. francine: who is the stronger candidate right now, megan? megan: i think the polls will see her dressed up by a sizable amount of points after his last -- after his bad week last week. for her, it will be about discipline, organization, focus on her message, and making herself

annette: jonathan friedman from "the guardian," thank you so much. earlier i spoke with lucy fisher, the senior political correspondent for "the times." i began by asking her if boris johnson stands to become britain's newest prime minister. >> we have had the education secretary to clear that she will declare her interest in standing for the conservative leadership, and i expect a wide field for conservative candidates. she has kept quiet in the eu debate to avoid being tainted by association with the remain campaign. i expect that she will give boris a run for his money as well. annette: it is certainly a day to be remembered, as far as david cameron is concerned. he has made it clear that he is going to step down before the october conservative party conference. but what next for the conservative government, and where to from here? lucy: it is interesting. what a fall from grace for david cameron. a year ago he was welcoming in a conservative majority, the first conservative majority in several decades. 12 months later, he stepped down. what is go

john: ben friedman is a national defense specialist with the cato institute. raises her hand and says let's go to war? >> yes, she voted for the war in iraq, and subsequently said it was a mistake, but not evident she's learned much from the mistake because she was for the overthrow of gadhafi which has been a disaster not just for u.s. interests but libya and for arming the rebels in syria and a bunch of others. john: the bosnian war, the kosovo war, afghanistan, iraq, somalia, yemen. >> if you like war, she's a great candidate for you, and fair to say as she did to trump's judgment on foreign policy is questionable but record is questionable. we've seen her in action and she's been for every conflict, including some we didn't have. john: she should run as a hawkish republican. >> she is in a sense, interesting, running against trump, she's getting support from neoconservatives who are mad about trump not being for them, she's get liefth the support already. john: she's also favored a bunch of interventions we didn't have because obama said no, she pushed for

what happened, not in friedman sat and lectured us about how thatcher would change things.he would get rid of the union. britain would become this massively confident outward going economy, and at the time, i thought this was total rubbish, because everything i was brought up with was a gospel of decline. britain, sometimes we can be funny, we can be clever, we can produce monty python. we have make jager. were not an up-and-coming economic power. we were on decline. and what she did, for all the reasons vonnie said, not always successful, but she totally reversed that. what happened under her, under major, under blair, brown to some extent, and cameron, was britain and london in particular became the center of the place that is most comfortable throughout the whole western world with globalization, in this new age. vonnie: to bring it back to the present day. what some call a clown show in the conservative party. theresa may might have the advantage here, because she has been pretty quiet. on the remain side, but a pretty quiet remainder. how did she get away with this, if

and friedman said, well, but, george, that's the difference between us. i'm a teacher, and i believe that people advocate for protection and so forth because they're misled.in and if i can just get them to understand this stuff,io they'll be better. and george was just disdainful of this. oh, you're crazy. you're just a preacher. >> let me ask you, if i may, to comment on another great hero of mine, also an economist who put a lot of emphasis on ideas. kind of played some role in your books. if i have one criticism, it's that this economist should play an even larger role, it's julian simon. >> yeah.ri >> julian simon, his main idea -- >> yeah. >> -- was that the ultimate resource is human creativity -- >> yeah, he's right. >> -- and human effort. the same creativity and effort -- >> i completely agree. >> -- unleashed by bourgeoisor dignity. >> i think -- julian died young which was a terrible mistake. >> just shy of his 66th birthday. >> yeah. you mustn't die young if you're going to have sustained intellectual effect unless you're kurt girdle or someth

have jonathan friedman from "the guardian." ♪ >> june 23 needs to be a national bank holiday.l it independence day. >> the country requires fresh leadership to take it in this direction. >> britain will continue to be a great european power. >> our next guest is jonathan friedman of "the guardian. " london. us now from good to see you here. we just talked about the implications it was the most likely next prime minister of great britain. guest: i think it's boris johnson without any down. a lot of people are surprised. if you read what he has written over the years, he would have been a natural remainder. it paid off. he won. the conservative party will choose the next prime minister. hostile toemselves the european union. they are going to hand the leadership to the person with the most anti-europe credentials. nobody can compete with boris johnson when it comes to that. barring a slipup, it is him. doesront runner always tend to slip up. i think it is looking like boris johnson. who will be his greatest challenger? who is the most likely to give him a run for his money? jona

then became a friedman's bureau agent. as an agenda, he was charged with resolving disputes and educating the freed people, particularly in bureauford county. in his role as an agent, in 1867 alone, he heard 300 cases. most of these cases were between community folks fighting over debts, livestock, crops, family issues, but some were against white planters who were mistreating the workers d wright was vigilant in seeking compensation for those workers. the pro voice courts, when the friedman's bureau of courts closed in 17867, the military's provost courts became the venue for resolving disputes. it was here that ex-union soldier william j. whipper, a native of pennsylvania who had studied law in detroit, first practiced. his first recorded case was in the summer of 1866. on july 20, the charleston daily news reported that whipper was trying casing in -- cases in that court. the next month, whipper was before that court suing the local charleston merchant for violation of the federal civil rights laws. for refusing service

i think the root of that is milton friedman. which reagan makes popular. >> it was the anti-i- keynesian message. so yo the oh from fdr ronald reagan and i think right now it's tied into this argument.why? >> he called the tea party>> th' all right. why?f you >> they are far right. >> you want to elaborate? >> stop and think about another element in the book, nobody mentions this guy.bu >> i was going to talk about it.t of s >> he comes in right at the start of social security. >> administering it, making it work, finding ways to keep it viable and then he does become the father of medicare medicaid, all gray society effort, headstart and the like.ity buil in baltimore the social security building is called the ball ball building. if you think in terms of obama care, in terms of the social safety net that we have our argue the father that is ball ball. we think about economic issues is not the milton friedman's that the bomb balls in the world. the changes the way we relate as a society.fo >> you right here america was founded b

take care of people in need, and what we're talking about now is a very old idea, actually milton friedmannd richard nixon passed it in the house twice and the democrats refused it because it wasn't big enough and so it's an idea that says in order to make sure that everyone has a floor, something they can't fall below, that we end poverty once and for all, let's give everyone a check. >> i interviewed milton friedman several times before he died and he liked this concept or the earned income tax credit as well but because he didn't like the nanny state idea of section 8 which is money for housing, foot stamps, which is money for food, right. it's a voucher system. if you want to give the poor money, just give them the money instead of having these big federal programs that are poorly run, inefficient, et cetera, so would you advocate reoperation all of these welfare programs with this? >> first of all, a very big ally in martin luther king who was somewhat responsible for creating the welfare state and said we didn't ask for all these programs. we asked you to end poverty and if you want

avery friedman, richard herman, thank you so much.re straight ahead in the newsroom. we'll be right back. >>> hello, everyone, thanks so much for joining me. i'm fredricka whitfield. it was the breakup heard around the world, and now less than two days after the british public voted to leave the european union, eu leaders say they do not want to waste anytime negotiating what they call a less than amicable divorce. >> after the decision that has been made by great britain, there is a process to negotiate their exit from the european union. and that is a process according to article 50. today, we are jointly saying that this process needs to start as soon as possible. >> eu mte

this was friedman's big error. he did believe velocity was essentially a constant and monetarism only works if velocity turnover of the money can be predicted. but turnover is controlled by us, all those gold people producing general output and that can't be controlled by the fed. >> by the way, in terms of an even better thing, gross domestic expenditure, you should read his paper on it which get some of the flaws of the gold standard, dde is even better than geo in terms of measuring. a new introduction to the structure, i go into how to take advantage of that. >> the gentleman in the front row. >> george mason university economics department. my question, the gentleman at cato has no fan of centralized monetary authority opines that even if you set strict constraints on monetary authority you can have serious problems with fiscal authority relatively unconstrained, and down to that issue. given that you impose the constraints of gold standard upon monetary authority. and the underlying problem which is fiscal --

but thomas friedman is a thoughtful guy but he's a man of the left. i'm sure he didn't vote for republican candidates in the past who had very detailed plans on these subjects we talked about. donald trump is going to launch his campaign against hillary clinton with the partry barn rule of politics, you broke it, you bought it. she's got a long record. she voted for the iraq war, she was part of an administration that took out qaddafi in libya which lead to that mess. she supports open border which makes us at risk for lone wolves and attacks in that realm. so donald trump has material to go after hillary clinton. he mentioned some of it but that will be the focus of his campaign no question. >> steve, what do you say? >> well, i think hillary clinton's campaign against donald trump that he's unfit to be commander in chief. we'll hear about that today. this is about people's ideas and policies. some of his ideas and policies are just wrong and would pus us -- america in greater danger. the notion that our foreign policy should be to build a wall with

as i said and everybody laughed, but tom friedman, who i think is pretty good, a good friend, he wrote long time ago, if you don't visit a bad neighborhood, it will eventually visit you. >> rose: there are those who argue, look, we've had a problem ke mubarak and gaddafi andrs like saddam, and it's come back, and we might ask the question would we have been better off if they stayed? >> let's take libya. >> rose: saddam, gaddafi, mubarak? >> absolutely. i argued strongly against going -- >> to libya. >> to libya. my question was, okay, tell me what happens? he's gone. what happens? doesn't the country disintegrate? what happens then? doesn't it become a place where it becomes a petri dish for the growth of extremism? tell me. tell me what we're going to do. >> rose: and it has. >> and it has. >> rose: and isil is pouring in people to build a stronger force. >> yeah. and so, so, look, i mean, i think-- here's the thing i am-- charlie, i don't think we should use force unless it meets certain basic criteria. is it in the national security of the united states? are our interests directly

friedman amd ,amu gmererat -- and many of his generation, more dangerous, because perhaps what mill was up to was less obvious. he was praised for his work, but noted with respect to mill that while mill's basic arguments for freedom are still valid, they are inadequate. was mill really is a relevance as that might lead us to believe? perhaps making a distinction between certain works of his on the present of government and liberty, and how the legacy of the man himself fared is useful in answering such a question. even as john locke, becoming shorthand for the ideas came to fill the void left by mill, mill's work did not conclude disappear from discussions of american political identities. one work of his that has gone unmentioned this far, it reemerged in the late 1960's and 1970's as a rallying cry of many second wave feminists across the country. between the 1930's and 1950's, his centrality on american liberalism as her vision lessons, because the finer line he walked between the many saw a socialism and liberalism, a particular publication of his remained integral for those seekin

for more reaction, let's bring in stephen friedman from the np paradigm.point make the fed's job harder? >> i think this is in line with their expectations that the data has recovered nicely in the second quarter. aware there has been lots of momentum in the jobs market in recent months. in their view, the most recent data for payroll was something of an anomaly but they want to take more time to look at other numbers. you see the loss of momentum in the retail sales numbers. everyone in the fed said june is live. now so what is the strategy at this month's meeting? do you still open the door from july? keep the doory open for july. in their mind, we have had a nice rebound in growth in q2 and they believe inflation and the labor market are moving closer to their objective. the market does not seem to want to price in anything when it comes to july. a july hikeity of is 13.7%. we don't see a 50% rate increase at all this year or next year. ratings a staggering re- and a small amount of time. >> this points to a problem with their communication. they have b

friedman was a good friend wrote a long time ago that if you don't visit the bad neighborhood it will eventually visit you. rose: john brennan testified before congress. it's not a rosy picture. strong and the gains have a long long way to go. biden: johnson two things. said two things. are we making progress against the caliphate? he said yes we are but still have a big problem. metastasizes testi around the world. the difference between isis and al qaeda, al qaeda never was in a position where they occupy large slots of territory. literally threatening the stability of countries. i want you all the time. i'm not trying to be solicitous. guysalking about how these mosul?e mult if they are able to consolidate land and power why did the saudi's start page tension? they realized their kingdom was in trouble. they could take down the government. occupied atlanta territory. across a state able to topple entire states was something everybody was concerned about. that is not that within the power of isil to do now. but they can have a cell with 17 people were four people with $3 planning a

the right in the last 50 years is economics, in part because the chicago school and others, milton friedman and the rest have convinced the world of what seemed to be obvious from david ricardo on, under the doctrine of comparative advantage, everyone benefits from free trade. that is now in doubt. there's really no election evidence in this -- in the last century that protectionism is a political winner. what mr. trump is doing is going back to -- he's a good 19th century republican, when the republicans, the government was funded had no income tax, it was funded by selling land and tariffs, and the republican party was the party of tariffs to protect industry. >> can i just say something about trade? free trade was once described as everyone gets a discount, some people lose their jobs. that's what is so tough about telling free throw trade. -- selling free trade. if you lost your job because of trade, if you had a steel plant in your community and it's not there anymore -- >> is trump closer bernie sanders or the gop on trade? >> he and bernie sanders come at it for different reasons. ba

power of david friedman's artistry. i'm jamie colby. thanks for watching "strange inheritance." you both , we appreciate it. at home we appreciate it, now here is lou. lou: i am lou dobbs. donald trump today delivered one of his most specific, compelling speeches of his more than one year long campaign for white house, focusing on the fees that clinton received from big business, wall street and special interests, trump noted that bill and hillary have received $153 million giving speeches to ceo, lobbyists and foreign government since 2001. over a period of 40 minutes trump attacked her dangerous policies bad judgment and history, and record of corruption as he put it. trump turned her campaign slowing 1 an a-- slogan around on her. >> she believes she is entitled to the was on the, her campaign slowing 18 is, i'm with her, you know my response is that, i'm with you the american people. lou: mainstream liberal media giving donald trump his due, they acknowledge his presidential tone today, saying quote, trump just gave the speech that republicans have been waiting 20 years to h

the right in the last 50 years is economics, in part because the chicago school and others, milton friedman the rest have convinced the world of what seemed to be obvious from david ricardo on, under the doctrine of comparative advantage, everyone benefits from free trade. that is now in doubt. there's really no election evidence in this -- in the last century that protectionism is a political winner. what mr. trump is doing is going back to -- he's a good 19th century republican, when the republicans, the government was funded had no income tax, it was funded by selling land and tariffs, and the republican party was the party of tariffs to protect industry. >> can i just say something about trade? free tradewas once described as everyone gets a discount, some people lose their jobs. that's what is so tough about telling free throw trade. -- selling free trade. if you lost your job because of trade, if you had a steel plant in your community and it's not there anymore -- >> is trump closer bernie sanders or the gop on trade? >> he and bernie sanders come at it for different reasons. back to

still ahead, "time" columnist tom friedman joins us.e a scorching new column this morning calling out gop leaders who have refused to drop their support of donald trump. >> we haven't talked about that yet. that's perfect. new topic. it will be good. we'll be right back with more "morning joe" and a 40 something-year-old guy. (man) oh, looks like we missed most of the show. (woman) and there's no way to restart it. (jon bon jovi) with directv there is. ♪ you see, we've got the power to turn back time ♪ ♪ so let's restart the show that started at nine ♪ ♪ and while we're at it, let's give you back your 'do ♪ and give her back the guy shet liked before you ♪ ♪ey, that's the power to turn's give yback time. ♪ 'do (vo) get the ultimate all-included bundle. call 1-800-directv. >>> still to come this morning bernie sanders thanks hillary clinton for her gracious call but then says he's got to keep running and running and running. we'll go live to california on the heels of the primary there. and our political "roundtable" expands chuck todd,

i'm thinking about to tom friedman in a column june 7th in "the new york times."out john mccain, he addressed him directly in the column, saying, you didn't break under torture by the north vietnamese, but the pressure to be re-elected is so great you'll do anything. i hope you lose. >> there's heroism in war and heroism in politics. one does not necessarily lead to another. the worst thing that john mccain ever did was run for president in 2008 because he had to walk back everything that made him an interesting politician in 2000. in 2000, he called jerry falwell all agents of intolerance. then he had to go down there and give a speech at jerry falwell's university if he wanted the nomination. we've seen this process over and over and over again. to be perfectly honest with you, in his political life, it seems like the way to get on john mccain's good side is to say something terrible about him. >> joy reed is substituting for chris hayes. that's next. >>> trump alone. let's play hardball. good evening. the man who will be the republican nominee for president of

first of all, for thomas friedman to write this i think is absurd. >> basically, he's saying that thes to start over. >> he would like for donald trump to lose and hillary clinton to win when he's trying to exploit the situation to his own benefit. by the way, while they are still in the midst of a complete civil war when poll after poll shows up to 30% of bernie sanders supporters don't support hillary clinton. >> this says to paul ryan, shameful ryan for standing by his opponent. >> will we continue to see trump superintendente supporters standing by him? >> i think -- here's the problem. so conservatives for my whole lifetime and longer than that have had this problem where they have been attacked for being racist and most of those attacks have been unfair and we have seen many, many examples. >> this time? >> this time there's validity to it. the problem is, do you have a muscle memory reflex that says this is what the left calls real mainstream conservatives. we must defend our guy. or do you actually say, you know, some of the stuff is at the very minimum race -- >> how do you d

amanda: you are about as on partisan as tom friedman.et's talk about what trump would mean because some market participants are very nervous about what a less globalized, less free trade friendly, would mean in the white house. david: i will admit that trump is a flawed and at it. amanda: that is not a hard thing to admit. david: his virtue is he is not schooled in 20 years of washington delusions and policy. they say his problem is he does not know anything. the problem is imperial washington knows things that are not true or have failed completely, and i think we need a disruptor. this election is defining, establishment versus antiestablishment. it is about the bicoastal elite and the bubbles on wall street and silicon valley. that's what it is about. david: let's say donald trump is elected and you are on a transition team in charge of economic matters. what is the one thing you advise him to do? david: the incoming president is going to face a recession, there is no doubt about it. it will be 90 months long the day the next presiden

all right, avery friedman, richard herman, thank you so much, gentleman. always good to see you.ht, we have so much more straight ahead in the newsroom in just a moment. i use what's already inside me to reach my goals. so i liked when my doctor told me that i may reach my blood sugar and a1c goals by activating what's within me with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7. it comes in an easy-to-use pen and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes. it should be used along with diet and exercise. trulicity is not recommended as the first medicine to treat diabetes and should not be used by people with severe stomach or intestinal problems or people with type i diabetes or diabetic ketoacidosis. trulicity is not insulin and has not been studied with long-acting insulin. do not take trulicity if you or

. >> your use of the word "globalization" reminds me of tom friedman from "the new york times," commenting that the world is flat. is it possible that some of the dialogue of our american election, donald trump in particular, influenced, in some small way, the outcome of the uk election? >> i'm not sure, but i think all our dialogue, in today world influences -- i mean, we all influence each other. there's a global debate going on. so, yes, obviously, some of the elements that are going on in your debate is the same on the debate on brexit. one thing, of course, that will happen, and this is something to watch very carefully in the united states, is that we have decided to engage in this big leap or experiment might be a better way of putting it. and over the days and weeks and months ahead, we will have some idea of what will actually happen as a result of this. >> prime minister tony blair, thank you so much, sir. >> thank you. >>> donald trump landed in scotland on friday morning, on a previously planned trip to his golf course and he tweeted, "just arrived in scotland, place is going w

milton friedman said he would rather have a government that shows how all of date this is. he said he'd rather have a budget of 1 trillion in a serious deficit than a government that spent 2 million with a balanced budget. whether you borrow the money or text the money or try to print the money, one way or another this is one of the myths. it's one of the points we make in the book you go to a restaurant and you check the claim and money is a value of claim and services. when you start mucking around with the ability of what that piece of paper can buy, imagine the flow to the clock. sixty minutes now, 40 minutes0 the next day, we know life would be chaotic. let's say you're baking a a cake in a says bake for 30 minutes. is that nominal minutes, inflation adjusted minutes, new york minute, it's chaotic. that's what they do with money. it's a claim. when you start to muck around with it, you get problems. >> so the gold standard. >> there are so many myths and r we deal with them in the bookso about the gold standard. the gold standard is not using gold coins. that would be

tom is an old friend from tb days we worked together on tuberculosis, tom friedman. we're working closely with cdc. let's look at the benefit it might have had if it was in existence prior to ebola. u.s. spent more than a billion dollars on the experience in liberia. liberian health minister said if this was in the place liberian situation would have been completely different. so, i like to think that would have been true and, first of all, what would have been different? even if it were today, the coordination among responders is much better than before. the willingness to go into a situation knowing that there is now economic support is much greater than before. once we get this online there should be -- there should be no hesitation at all and that at the end of the day will have a huge impact on the united states. the u.s. can control its own borders, it can control what happens inside, it does a lot of work in many countries in the world to pry to prevents these pandemics, but i think it will be very strong piece of support for the global health security agenda.

i like this slide because this is doctor thomas friedman who is the former commissioner of health that heads up the cdc now , that sort of speaks to the different places in which we can make an where the greatest impact would be. at the very top would be counseling people about eating healthy and talking to them one-on-one. as you can see can make a difference, but it's labor-intensive and the impact to have because of research is so intense it would be minimal-- you work your way down you go through clinical intervention. you can-- the next long acting includes things like facts can eight-- vaccination, colonoscopy and then we spent time in the food conversation about change in the context and that means creating an environment where the healthy choice is the easy choice individuals. that's where we spend most of our time in new york city and that's the policies i will talk to you about. i used it to slow-- zero this letter would get uncomfortable and acknowledge that uncomfortable got to socioeconomic factors because we are acknowledging that it is the leading cause and it would have

friedman was exactly right, talking about managing strength versus managing weakness. we're managing weakness because of a failed administration because of failed policies. we have to get america healthy again. we have to be healthy at home, and then we can become the positive influence that we always have been across this world. >> and where john is laying this out, pete, he says donald trump approaches this from an outsiders' perspective. he's not only contrary to the foreign policy views of hillary clinton. he's also contrary to the foreign policy views of the man you work for, george w. bush. he hits george w. bush often on his foreign policy approach. how much of a concern is this, donald trump's foreign policy views, for the traditional republican voter? >> well, it's certainly a vulnerability and i think hillary clinton is trying to expose that. she's trying to revach out to te more hawkish republicans in the party, more moderate republicans who detest donald trump and the idea that he could potentially be commander in chief and i think she's reaching out to ind

this is a big idea for milton friedman and conservative economists. the reason why it's basically you say we are going to buy half a percentage of the population with a relatively small amount. enough to keep them from starving and with a roof over their head as long as they don't bug us. the good news is this in the money because they're desperate on products. we get it right back. also, most people's vision, this is a way of getting rid of government social services. with the individual income, you will go by health care, shop around and your posture for public school in private school. everything is run by the marketing guy in office appropriate part of the situation. that is a nightmare world and i've given it that description perhaps. if we are going to fight to get a guaranteed income for people, but it's like to be actors in the drama. let's fight for the cake, not the crimes. let's re-create society to do something great. not just thank you from amazon to for the $50 check. that not going to be the same way. i would have to assume they are not

>> sreenivasan: tune in later tonight on charlie rose: "new york times" columnist and author tom friedman weighs in on both the brexit, and the race for the white house. and that's the newshour for tonight. on friday, why polish immigrants in england fear for their safety after brexit. i'm hari sreenivasan. >> woodruff: and i'm judy woodruff, join us online, and again here tomorrow evening. for all of us at the pbs newshour, thank you and good night. >> major funding for the pbs newshour has been provided by: >> you were born with two stories. one you write every day, and one you inherited that's written in your d.n.a. 23andme.com is a genetic service that provides personalized reports about traits, health and ancestry. learn more at www.23andme.com. >> fathom travel. carnival corporation's small ship line. offering seven day cruises to three cities in cuba. exploring the culture, cuisine and historic sites through its people. more at fathom.org. >> lincoln financial-- committed to helping you take charge of your financial future. >> the lemelson foundation. committed to improving lives t

milne friedman's position at the eighth annual meeting of economic history association in september 1948, at this meeting, commemorating the centennial of the two publications of marks on mill, he offer the following assessment of the lasting influence of the two philosophers. if collectivism ultimately triumphs over individualism, it will be in no small measure results of the influence of ideas first popularized and made the stackable by mill. mill's doctrine of gradualism, a piecemeal reform subject to know general state action can lead to the almost unnoticeable unnoticed aggrandizement of the state and encroachment on political liberties. mill was for freedom and many of his decoration -- of his generation, more dangerous, because perhaps what mill was up to was less obvious. he was praised for his work, but noted with respect to mill that while mill's basic arguments for freedom are still valid, they are inadequate. was mill really is a relevance as that might lead us to believe? perhaps making a distinction between certain works of his on the present of government and liberty, and

deflationary bet with monetary policy provide stability want to provide basic stability and milton friedman rule always was with that goal in mind but the problem was what about the money supply? that was his biggest problem with the regulation and as a matter of fact they have been moving relatively stable throughout the financial crisis of 2008 which is quite interesting but the biggest problem i like to see gold as an indicator if you use it as an indicator drifting upwards that's just too much inflation you need to pull back but one of their problems with a fixed price is if it falls below, then you should be accommodating and the fed should be expansionary budget gold is constantly overshooting one way or another city become expansionary than gold goes above the market price then you are restrictive and move it back down, hopefully would come towards stabilizing point of view but the problem is by overshooting gold is not directly tied only to the dollar also into other currencies so that volatility is a problem with a specific target price unfortunately it is of moving target. >> is a