. >> guest: i've got milton friedman in there. >> host: a lot of discriminatory enforcement. for example, studies show black teenager, white teenager, same record, caught with drugs. five times more likely the black teenager goes to jail. so aside from the way the statistics reflect these kinds of -- >> guest: right. >> host: -- distortions, do you think the high percentage of crime by blacks and hispanics -- street crime, not corporate crime -- reflects something inherent in their character, or do you think it reflects a class deprivation? is it race or is it class deprivation? that's why i went back to the irish example. >> guest: well, i think this, i grew up in washington, d.c., we had 400,000 black folks, 900,000 -- 400,000 white folks, didn't have crime in those days like the crime you've got today. >> host: right. >> guest: i think one of the main problems is the total collapse and decomposition of the african-american family. you've got kids born now, 73% of african-american kids are born to single moms, some of them high school dropout gals, so they've got no father

milton freedman is -- friedman is right about what. if i moved to new hampshire, i generally assumed general stark said live free or die before a battle. i thought it was red meat, the battle charge before the routine, and then i discovered our state's great revolutionary war hero made his creed occur decades after the cessation of hostilities writing in a letter he could not attend i dinner. many of us can rouse people to rediscover the primal impulses like on flight 93. they thought it was a routine commuter flight, and when they realized it was not, they went into general stark mode and cried let's roll, but it's harder to maintain the live free spirit when you have a slow unceasing ratchet effect which is in unstable societies threatened by revolution or wars in their borders, how liberty falls, traded to the state, incrementally painlessly. live free or die sounds like a battle cry. we'll win this thing or die trying, die an honorable death, but, in fact, it's a prophetic statement of the obvious, of the reality of our lives in th

very few people read milton friedman. and i teach these guys in my courses and i ask my students have you ever read any of these people? no, they haven't. they have red marks as well as they ought to have red marks. it's a kind of a formidable figure. marks is part of the cannon in ways that there's the figures of the cannon so it's been my sort of mission to try to bring in some of these other figures into the cannon and i don't think that they have been tipped out. i suspect there's a kind of ideological reason for that. i don't -- i don't think it actually gets it right. i think it's just a kind of lack of interest and a lack of curiosity. and it's actually something deeper than that. which is a refusal to believe that something like the free-market actually has three series of philosophical foundations and intellectual foundations as well. so, this is what i've been -- i'm going to be -- i have a blog and buying going to be giving in the next couple of months is to start an on-line reading group of the constitutional

and although i can't say in particular cases of milton friedman and ayn rand's, that they were cowardss generally my complaint with libertarians. what have libertarians accomplished politically? not that much. it's usually a way to avoid the hot-button issues. by the way, i'm always taunting libertarians, i am more libertarian than they are. they have just want to legalize pot. if they stop talking about legalizing pot all the time i would have more sympathy. they bring up legalizing pot to get liberals to like them. perhaps it isn't coincidence that many rank-and-file libertarians are godless because they're cowards. believing in god does not apply you to be a coward. >> host: tweet into you, ann coulter, liberal equals rich and poor with no stake in society. she mentions soros with no mention of rupert murdoch. why? >> well, for one thing, rupert murdoch's publishing firm killed my second book, harpercollins. "new york post", "wall street journal" have never published me. i have never worked for fox news. don't tell me rupert murdoch is the savior of conservatives in america. i hear

milton friedman is right about that. when i first moved to new hampshire i carelessly assumed the general staff and said live free or die before some black lawyer. i thought it was the charge, a touch of the old henry the fifth routine. then i discovered our state's great revolutionary war hero had made this decades after the cessation of hostilities in the butter regretting that he would be unable to attend the dinner. and in a strange way i found that even more impressive because in the extreme circumstances many of us can rouse people to rediscover the primal impulses and the way the brave men on flight 93 did the took off on what they called a commuter flight and when they realized it wasn't they went into general start mode and cried let's roll. but it's harder. it's harder to maintain that live free or die spirit when you are facing not only the media crisis but a slow and seizing a ratchet effect, which is in stable societies on threatened by the revolutionary war within the borders always the way that liberty to

economy there isn't any doubt about that but you know the historians of that period prominently milton friedman by the way. blamed that in large measure on the passivity of the federal reserve but the fed did not step up to the plate and prevent the private banking system from collapsing but could have. should have done. so had i continue my conversation with the former vice chairman about federal reserve policy and what options are left for the central bank given the already unprecedented amount of stimulus that the central bank has provided the first your closing mark about. it we just put a picture of me when i was like nine years old don't you tell the truth. i may confess that i am a total ghetto friends that i love traveling hip hop music and pretty. but it was kind of a yesterday. i'm very proud of the world without you she has played. the. guitar sometimes you see a story and it seems so. you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm sorry welcome is a big issue. what d

economy there isn't any doubt about that but you know the historians of that period prominently milton friedman by the way. blamed that in large measure on the passivity of the federal reserve but the fed did not step up to the plate and prevent the private banking system from collapsing but could have what should have done. still had i continue my conversation with the former vice chairman about federal reserve policy and what options are left for the central bank given the already precedent amount of stimulus that the central bank has provided the first they're closing markets on. wealthy british scientists it's time to. go. to. market why not. find out what's really happening to the global economy cars report on. before the break i played the first part of my interview with former vice chairman of the federal reserve alan blinder in the second segment i asked him what if anything the fed can really do at this point given that it's already created so much new money and that pulling that money back into the central bank would create the exact type of depression that the fed has been so despera

milton friedman said to be a nice letter after wrote an article in 1997 say why a progressive consumption tax would be a good step to take and was quick to say he did not agree the government should spend more money on infrastructure and what i was advocating but he added if the government needed more revenue the progressive consumption tax is by far the best ways to raise it. he included in envelope with a reprint of his 1943 article in which she had advocated the progressive consumption tax as the best way to pay for the world were to cost. [inaudible] [laughter] i thought about that. but in the end, i think it is the policy that i want to put my money on. >> thank you for your time. robert frank. author of "the darwin economy" well done. [inaudible conversations] >> good evening. my name is rachel and on behalf of the bookstore i am pleased to welcome you to this evening's event with david kennedy author of the book "don't shoot" in tonight's event is one of many author talks we're hosting this fall we still have tickets left for the friday talk with geoffrey sax was an expert on econo

milton friedman is right about that. when i first moved to new hampshire i carelessly assumed that the general staff had said live free or die before some battle. i thought it was a bit of red meat to rally the boys to the charge routine. and then i discovered that our state's great revolutionary hero had made his -- decades after the cessation of hostilities regretting that he would be unable to attend the dinner and in a strange way i found that even more impressive because in extreme circumstances many of us can arouse people to rediscover the primal impulses in the way that the great man on flight 93 did. they took a routine commuter flight and when they realize it wasn't they wanted to general staff mode and cried let's roll. but it's harder to maintain that live free or die spirit when you are facing not an immediate crisis but a slow unceasing ratchet effect which is in stable societies unthreatened by revolution or poor within their orders, always the way liberty falls, traded away to the state, incrementally, pa

ronald reagan came in, he was a believer of economic freedom, he read people like milton friedman, hecommitted to the ideas and look what happened. we had terrific performance and we got away from the short term things, these temporary payroll tax cuts or stimulus. instead, there was this long term tax reform which just brought the economy out of a terrible situation. even worse than we are now. and it worked very well. jenna: you served in government as well for the president's council of economic advisers from '89 to '91 under the secretary of the treasury of international affairs, 2001-2005, so you have some experience in government. i'm curious, in your opinion, we keep on hearing that government is dissolving into something that's not functioning, right, because both sides can't find common ground and there's such anger there. do you see that, or is this just the way the government typically functions when it comes to big issues like the economy? >> think we go through phases and this is a phase now where we're not showing leadership that's needed to bring people together. i mean

i read milton friedman, i get excited.don't get excited, do you? >> it's like a punch line. a very bad joke. >> yeah, yeah. it's about -- >> i don't even know if he believes in free enterprise, he made money about it. but i don't know, because listening to him -- he just -- >> in the highest sense, he does not. because he believes in, he has said for example, markets need to be regulated. i'm serious that he would do a little less regulation than obama would. obama would do a little more. but we're talking on the margins. and -- >> you judge his record by what he did in massachusetts. and he is a big government republican. >> well, yes. yes. >> so how is a big government republican going to be that much different from a big government democrat? i just don't know. >> well, that would be newt's argument. and that's -- >> one interesting thing that happened in south carolina and looks like it's going to happen here again. where ron paul was the big loser in south carolina, his numbers have really gone down and it doesn't look

even he doesn't know how to say that effectively because i don't know that he really understands milton friedmanmay feel like let people go out and make lots of money but he may not understand the foundation of that. >> the motor out there, the working guy if he's lucky enough to be working, i don't know what romney is about and obama saved the economy. >> nobody believes that obama saved the economy other than those that work for barack obama. in the state of florida we have 10% unemployment. if that's saving the economy, he'll say give me the other option. >> the other option would have been bad if he had not done what he did. >> that's the argument. that's going to be the argument. barack obama could make a strong argument i saved the economy from going off the cliff. republicans make the argument we're in bad music. are you guys going to salsa dance. >> show me. i don't know how. show me. come on, gene. come on. i don't know how. okay. let me undo him. pretend you hear music. okay. you go back. >> i don't know how to dance. oh, my lord. i'm nervous. help me! help me! >> here we are. >> how c

[applause] milton friedman, the famed economist, once said, one of the great mistakes is to judge policies and programs by their intentions rather than their results. we agree. in order to stay within the spending cap and deal with massive expansions in federally mandated programs like medicaid, we have had to make unpopular decisions but we tried to restore some of the programs and agencies that do pass the test that do fulfill core functions of government. the protection of our citizens and communities allows for us to have the quality of life we enjoy in our state, which is why last week, our budget strength have -- strengthened the south carolina law enforcement division we have restored funding to our d.n.a. lab so they can clear the back logs. we have increased the number of flood agents, their equipment and we have brought chief mark kiel home so it can return quickly to its intended mission, serving sheriffs and chiefs across south carolina. [applause] we've also bolstered mental health, recognizing that failing to provide basic care to those who suffer from mental illness will cos