Unemployment and threaten to undermine the savings of the whole people. Well, now weve all agonized about this problem. Milton friedman has spent many years analyzing it, and hes convinced he understands the cure. As youll see in this film. The sierra nevadas in california, 10,000 feet above sea level in the winter, temperatures drop to 40 below zero. In the summer, the place bakes in the thin mountain air in this unlikely spot, the town of bodie spring up in day. Bodie was filled with prostitute drunkards and gamblers, part of the colorful history of the American West west. Is. A century ago this was a town of 10,000 people. What brought them here . Gold if this were real gold, people would be scrambling for it. A series gold strikes throughout the west brought people from all over the world all kinds of people. They came here for one purpose and one purpose only to strike rich quick. But in the process, they built cities in where nobody would otherwise have of building a city gold bu
Collection book . Well, im here on franklins coattails because had written a book about Ben Franklins years in, france, when he is essentially paving way for the American Foreign service, hes really first foreign ambassador. And in the years that he spends in france, puts america on the map and as that is the genesis really of the department of state in the beginnings of, American Foreign policy. Im here in a way, as Ben Franklins companion. And that, of course, is your book, the great improvised about Ben Franklins time in france. You describe franklin as combative, prideful, callous and overbearing. Does that make for a diplomat . No, i think is ben franklin, as he dealt with his colleagues, a curious thing about franklins years in france is that he essentially hits the ball out of the park on every front, except when dealing with his fellow commissioners in paris and especially john adams. And so those are adjectives that i think john adams would have quickly applied, franklin, wher
The Harper Library of the university of chicago. Almost everyone here. Like every family, the United States has suffered one of the great evils of our time inflation. Spiraling prices, bring unemployment and threaten to undermine the savings of the whole people. Well, now weve all agonized about this problem. Milton friedman has spent many years analyzing it, and hes convinced he understands the cure. As youll see in this film. The sierra nevadas in california, 10,000 feet above sea level in the winter, temperatures drop to 40 below zero. In the summer, the place bakes in the thin mountain air in this unlikely spot, the town of bodie spring up in day. Bodie was filled with prostitute drunkards and gamblers, part of the colorful history of the American West west. Is. A century ago this was a town of 10,000 people. What brought them here . Gold if this were real gold, people would be scrambling for it. A series gold strikes throughout the west brought people from all over the world all k
The Harper Library of the university of chicago. Almost everyone here. Like every family, the United States has suffered one of the time inflation. Spiraling prices, bring unemployment and threaten to undermine the savings of the whole people. About this problem. Milton friedman has spent many years analyzing it, and hes convinced he understands the cure. As youll see in this film. The sierra nevadas in level in the winter, temperatures drop to 40 below zero. In the summer, the place bakes in the thin mountain air in this unlikely spot, the town of bodie spring in day. Bodie was filled with prostitute drunkards and gamblers, part of the colorful history of the American West west. Is. A century ago this was of 10,000 people. What brought them here . Gold if this were real gold, people would be scrambling for it. A series gold strikes throughout the west brought peoplem worldf people. They came here for one purpose and one purpose only to strike rich quick. Ss, they built cities in where
Hello, im Robert Mackenzie and welcome again to the fine old Harper Library in the university of chicago. A group of guests have come together to see and to discuss the latest film by Milton Friedman in his series to choose. In this, he examines working of the labor market and the role of labor unions. And again comes up with some controversial views. In answer the question, who protects the worker. People who earn their living in a modern, heavy industry, seldom engage in the kind of back breaking toil that was the everyday lot of most workers a century ago. And yet they far more what has produced these improvements. The offhand reaction of most people is likely to be that labor unions are largely responsible for the enormous progress that workers have made in the past two centuries, but clearly, at least for the United States, that cannot be true. After all, in 19th century, when workers very well, there were hardly any labor at all. And even today, no more than one out of four or fi