Milton Friedman Part I: Economics 101

There is one man who embodies the spirit of capitalism, but most have never heard of him. That needs to change. It's time for Americans to remember and get to know Milton Friedman, the father of modern economics.

Milton Friedman was a brilliant champion of the free market, capitalism and the American way of life. He was not a politician, just a man who looked at things in a radically different way --- and articulated them simply and persuasively.

Part I: Economics 101

Bloomberg Money recently printed an article extolling the "helicopter money" theory from a man many consider to be the greatest economist in the 20th century --- Milton Friedman. Friedman was a brilliant defender of the free market --- or capitalism.

Milton Friedman was the son of poor, immigrant parents. His father died when he was 15, forcing him to creatively supplement a scholarship to Rutgers University. Capitalizing on the tradition that all freshmen must wear green ties, he and a friend went door to door, selling them in the dormitory. There he learned early the benefits of a free market --- offering products at a lower, competitive price while making a profit.

After graduating from Rutgers, Friedman earned his Master's Degree from the University of Chicago and later his Ph.D. from Columbia University. He married his college sweetheart and went on to teach at Columbia, Cambridge, the University of Chicago and the Hoover Institution.

Before Friedman rose to prominence, the preeminent economist of the 20th century was Englishman John Maynard Keynes, who advocated for more government intervention in the economy. Friedman however, was a rare breed and didn't think inside the box. He was thrilled in 1947 to receive an invitation from the Nobel Prize winner Friedrich von Hayek to meet in Sweden with some of the brightest minds in the world. Decades later, in 1976, Friedman himself was awarded the Nobel Prize in economic sciences.

Friedman was unafraid and unashamed in the goodness and rightness of capitalism. He often engaged detractors on college campuses, stating that "a society that aims for equality before liberty will end up with neither equality nor liberty." In 1979, he sat down for an epic interview with Phil Donahue, addressing the talk show host's concerns about capitalism.

Today, Friedman would no doubt be labeled an uncaring, hateful racist for his straightforward thinking. For example, when asked at a college forum what role the government plays in helping the poor, he spoke decisively on the matter:

"First of all, the government doesn't have any responsibility. People have responsibility. This building doesn't have responsibility. You and I have responsibility. People have responsibility," Friedman said. "How can we as people exercise our responsibility to our fellow man most effectively? That's the problem. So far as poverty is concerned, there has never in history been a more effective machine for eliminating poverty than the free enterprise system and the free market."

Friedman's ideas would eventually become hugely influential in the thinking of Chairman of the Federal Reserve Alan Greenspan, President Ronald Reagan, British Prime Minister Margaret Thatcher, and later, Ron and Rand Paul.

Milton Friedman died in 2006, at the age of 94, silencing a voice that strongly defended the virtues of capitalism and a free market system that has richly blessed as the United States.

Listen to the Full Series on Milton Friedman

Part I: Economics 101

Part II: Evils of Collectivism

Part III: Friedman vs. Liberal Detractors

Part IV: Unapologetic and Unafraid

Glenn Beck: Why MLK's pledge of NONVIOLENCE is the key to saving America

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Listen to the Rev. Dr. Martin Luther King Jr.'s pledge of nonviolence and really let it sink in: "Remember always that the nonviolent movement seeks justice and reconciliation — not victory."

On the radio program, Glenn Beck shared King's "ten commandments" of nonviolence and the meaning behind the powerful words you may never have noticed before.

"People will say nonviolent resistance is a method of cowards. It is not. It takes more courage to stand there when people are threatening you," Glenn said. "You're not necessarily the one who is going to win. You may lose. But you are standing up with courage for the ideas that you espouse. And the minute you engage in the kind of activity that the other side is engaging in, you discredit the movement. You discredit everything we believe in."

Take MLK's words to heart, America. We must stand with courage, nonviolently, with love for all, and strive for peace and rule of law, not "winning."

Watch the video below for more:

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Conservatives are between a rock and a hard place with Section 230 and Big Tech censorship. We don't want more government regulation, but have we moved beyond the ability of Section 230 reforms to rein in Big Tech's rising power?

Rachel Bovard, Conservative Partnership Institute's senior director of policy, joined the Glenn Beck radio program to give her thoughts and propose a possibly bipartisan alternative: enforcing our existing antitrust laws.

Watch the video below:

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Dan Bongino, host of The Dan Bongino Show, is an investor in Parler — the social media platform that actually believes in free speech. Parler was attacked by Big Tech — namely Amazon, Apple, and Google — earlier this week, but Bongino says the company isn't giving up without a fight. In fact, he says, he's willing to go bankrupt over this one.

Dan joined Glenn Beck on the radio program to detail what he calls a "smear" campaign behind the scenes, and how he believes we can move forward from Big Tech's control.

"You have no idea how bad this was behind the scenes," Dan told Glenn. "I know you're probably thinking ... well, how much worse can the attack on Parler have gotten than three trillion-dollar companies — Amazon, Apple, and Google — all seemingly coordinated to remove your business from the face of the Earth? Well, behind the scenes, it's even worse. I mean, there are smear campaigns, pressure campaigns ... lawyers, bankers, everyone, to get this company ... wiped from the face of the earth. It's incredible."

Dan emphasized that he would not give up without a fight, because what's he's really fighting for is the right to free speech for all Americans, regardless of their political opinions, without fear of being banned, blacklisted, or losing jobs and businesses.

"I will go bankrupt. I will go absolutely destitute before I let this go," he said. "I have had some very scary moments in my life and they put horse blinders on me. I know what matters now. It's not money. It's not houses. It's none of that crap. It's this: the ability to exist in a free country, where you can express your ideas freely."

Watch the video below to hear more from Dan:

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Joe Biden's administration is getting ready for something historic, but we're all being distracted. And now that Biden has hired at least 14 former or current executives from Big Tech — experts at colluding to censor unflattering news about Biden — Americans must be laser-focused on what's coming.

On January 20, the most corrupt president in American history will be inaugurated, and it looks like some of his cabinet choices were picked specifically so everything just – poof – goes away. The administration nominees appear to be all about preserving corruption, crony capitalism, and executing a Great Reset. Those same people also have one more thing in common: Ukraine.

On his Wednesday night special this week, Glenn exposes their radical agenda in their own words and gives U.S. senators the questions they must ask before confirming corrupt nominees to some of the highest offices in the country.


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