Free To Choose Media Podcast

In 1993 three giants in the field of neural research got together to discuss their work and how it related to learning and memory. Dr. Timothy Tully, former Senior Staff Investigator at the Cold Spring Harbor Laboratory, Dr. Eric Kandel, 2000 Nobel Prize winner in Physiology/Medicine, and the late Dr. Patricia Goldman-Rakic, Professor of Neuroscience at the Yale University School of Medicine, spent time discussing their different research approaches and what they were discovering about how human beings learn, acquire new information, and hold on to it. From Pavlov to genetics, these scientists were opening new doors to understanding how …

Larry Arnn, current President of Hillsdale College, met with his former teacher in 1999, the late distinguished fellow of the Claremont Institute, Harry Jaffa, to discuss his political philosophies. Jaffa believed the American Founders, including Thomas Jefferson, James Madison, and George Washington, established the nation on political principles traceable from Locke to Aristotle. While he believed that governments are instituted to protect rights, he acknowledged the higher ends they serve, primarily happiness. Listen to this week’s Free To Choose Media Podcast, “Founders.”

When two giants in their respective fields get together for a casual conversation, what topics are on the agenda? Listen in as the late George P. Shultz, former Secretary of State under Ronald Reagan, and the late Nobel economist Gary Becker discuss the International Monetary Fund, America’s dependence on oil, micro-lending, demography, immigration, and drugs. The subjects are as relevant today as they were in this 2006 recording, “A Conversation with George P. Shultz and Gary Becker.”

The late George P. Shultz, former Secretary of State under Ronald Reagan, and the late Robert Conquest, former Stanford Research Fellow and noted Soviet researcher, shared anecdotes about their contacts and experiences with the Soviet Union. Both men were impressed with former Soviet President Gorbachev’s candor and intelligence. During a visit to Stanford to see Shultz, Gorbachev talked about an earthquake in Armenia that was of similar severity to one experienced by San Francisco and how all the buildings in Armenia had fallen down – not so in San Francisco. Gorbachev said, “… we can’t get people to build things …

In 1987, David Horowitz, a political activist, author, and founder of the David Horowitz Freedom Center, sat down with Bob Chitester to talk about his transformation from far left to far right. Born into a family that were members of the Communist Party USA, he spent his youth attending marches and communist summer camps. In the mid-’80s, Horowitz had a final reckoning with his years of doubts about his affiliation with the left and became a conservative. “The best intentions can lead to the worst results,” he wrote in “The Village Voice” in 1986. “I had believed in the left …

This is the third and final hour of a three-part exchange between the late Friedrich von Hayek, economist and Nobel laureate, and the late Leo Rosten, author and social scientist. In this segment, von Hayek evaluates economic trends and comments on the direction in which he believed we were heading at the time. Additionally, von Hayek talks about his very brief foray into psychology, writing a book called “The Sensory Order.” Though not well received, it taught him a great deal on the methodology of science. He later wrote that the theory of complex phenomena is equally the product of …

This is the second hour of a three-part exchange between the late Friedrich von Hayek, economist and Nobel laureate, and the late Leo Rosten, author and social scientist. It encompasses von Hayek’s theories and the many people and events which shaped his thoughts and career. Von Hayek spends some time discussing John Maynard Keynes and he reveals that though they shared space in the field of economics and were good friends, they eventually stopped discussing economics because their philosophies were quite different. Listen to Friedrich von Hayek and Leo Rosten Part II to learn more.

Originally recorded in 1978, this is the first session of a lively and occasionally controversial three-part interview of the late Friedrich von Hayek, economist and Nobel laureate, by the late Leo Rosten, author and social scientist. It is a wide-ranging discussion of von Hayek’s life and work, primarily in the areas of philosophy of science, political philosophy, the free will problem, and epistemology. Hayek created a furor with his book The Road to Serfdom. The book came out at a time when he was a lone voice speaking about the terrible dangers inherent in good and well-intentioned people turning powers …

Originally recorded in 2000, Ronald W. Jones is Xerox Professor Emeritus of Economics at the University of Rochester, and James Gwartney holds the Gus A. Stavros Eminent Scholar Chair at Florida State University. Gwartney is also a member of the Fraser Institute and is part of the team that puts together the Economic Freedom of the World Annual Report. In this podcast, these two illustrious economists have a lengthy conversation about the concepts of economic freedom and prosperity. Though originally recorded twenty years ago, these concepts are timeless. Does wealth equal economic freedom? Listen in to Economic Freedom and Prosperity …

In 1998, Bob Chitester sat down with the now late Dr. Christian de Duve, 1974 Nobel Prize winner in Physiology or Medicine, to talk about his background, what led him to choose his research path, and his desire to seek the truth. At some point, de Duve concluded that one of the ways to seek truth was through understanding life. However, as he tells Chitester, “You shouldn’t get away with the idea that I spent all my life thinking about the great mysteries. I forgot about the great mysteries as soon as I started doing laboratory work because then I …

Former Secretary of State George P. Shultz is one of only two people to have held four different Cabinet posts. As Secretary of State under President Ronald Reagan from 1982 to 1989, he was instrumental in shaping the administration’s foreign policy. Listen in as Secretary Shultz and Bob Chitester talk about Shultz’s background and the kind of upbringing and education that led to his illustrious career. A Conversation with George P. Shultz and Bob Chitester was originally recorded in 2006.

George Shultz, former Secretary of State, and Mikhail Gorbachev, former President of the Soviet Union, were responsible for the initial meetings that led to melting the ice of the Cold War. In this conversation, the two diplomats talk about their first meeting and the impressions each had on the other. Their candid exchanges made it possible for the United States and the Soviet Union to begin the process of communication. You can sense the beginnings of a mutual respect. “This is a different man. This is an agile mind… you can have a conversation with this man. He’s terrific.” This …

Richard Strier, author and winner of the Warren-Brooks Prize for Literary Criticism, talks with the late Richard Stern, author and professor of literature, about their memories, observations, and perspectives. Stern credits life experiences for giving texture and animation to his work and early influence from his family life on his strong preference for a concise and “boiled down” writing style. Share in “Things into Fiction” between two literary giants, originally recorded in ­­­­­­­­­­2003.

“How do we get new economic ideas? One of the fascinating questions that always bothers me, and many economists, right, is how do you get an Albert Einstein?” James Heckman posed this question to the late Robert Fogel in this discussion about Empirical Economics, originally recorded in 2001. The two Nobel prize winners talk about some of the history of economics and how changes in scientific knowledge embody the new technologies and the motor and engine of economic growth.

Listen to 30 minutes with the late Aaron Wildavsky, Professor of Political Science and Public Policy, and Dr. Bruce Ames, Professor Emeritus of Biochemistry and Molecular Biology, both at UC Berkeley, as they discuss the development & refinement of research objectives. It was recorded in 1992.

Listen to 50 minutes with David Kelley, philosopher and founder of The Atlas Society, and Jim Powell, author, journalist, and CATO Senior Fellow, as they discuss the formation and testing of ideas in What is An Idea?. It was recorded in 1992.

Walter Wriston, the former Chairman and CEO of Citicorp, was widely regarded as the single most influential commercial banker of his time. Originally recorded in 2004, Conversation with Walter Wriston and Bob Chitester covers the winding road Wriston took to the pinnacle of his field and the influences that guided his journey. Listen in as they share anecdotes and personal information about their lives and choices.

The late Dr. Milton Friedman, 1976 Nobel Laureate in Economics and host of Free To Choose, urges alertness to the difference between false and real problems concerning government in PRC Forum: Milton Friedman. The problem is not budget deficits, trade deficits, or federal debt. The problem is government spending relative to income, protectionist policies, and unfunded debt resulting from entitlements. It was recorded in 1987.

Listen to the late U.S. Supreme Court nominee Robert Bork and the late Nobel Prize winner Friedrich von Hayek, as they engage in a lively discussion of the economic theories developed in von Hayek’s book, “Law, Legislation and Liberty,” in Friedrich von Hayek & Robert Bork Part 3. It was recorded in 1978.

Listen to the late U.S. Supreme Court nominee Robert Bork and the late Nobel Prize winner Friedrich von Hayek, as they engage in a lively discussion of the economic theories developed in von Hayek’s book, “Law, Legislation and Liberty,” in Friedrich von Hayek & Robert Bork Part 2. It was recorded in 1978.

Listen to the late U.S. Supreme Court nominee Robert Bork and the late Nobel Prize winner Friedrich von Hayek, as they engage in a lively discussion of the economic theories developed in von Hayek’s book, “Law, Legislation and Liberty,” in Friedrich von Hayek & Robert Bork Part 1. It was recorded in 1978.

Listen to an hour with the late Lloyd Motz, Professor Emeritus of Astronomy at Columbia University, and the late broadcaster Hugh Downs, as they discuss Motz’s life and work, including his book “The Essentials of Astronomy,” which is arguably the best introductory astronomy text ever written. Downs is a former student who took astronomy at Columbia in 1957. Dr. Motz, who was named professor emeritus in 1977, believes the major discoveries in physics have already been made, and that what remains is for science to harness that knowledge to humanity’s benefit. It was originally recorded in 1999.

Listen to Economists Keith Bush (Russia), Ben Slay (East-Central Europe), and John Tedstrom (East-Central Europe) discuss how to introduce a market economy in nations that have had totalitarian command economies for 40 to 70 years. The challenge is significant and there are varied approaches to the problem. It was recorded in 1991.

Listen to Daniel Klein, Associate Professor of Economics at Santa Clara University, and Professor David Henderson, Research Fellow at the Hoover Institution, discuss whether economists can reach a conclusion in Do Economists Reach a Conclusion?. It was recorded in 2000.

Listen to Dr. Charles Plott, William D. Hacker Professor of Economics and Political Science at the California Institute of Technology, and the late Dr. Kenneth Arrow, Professor of Economics at Stanford University, and 1972 Nobel Prize winner in Economic Sciences discuss Theory and Experiments with Markets. It was recorded in 2000.

In this discussion, Difficulties of Sensible Economic Decision-Making in a Democracy Listen to Dr. John Shoven, Professor Emeritus of Economics and Director of the Stanford Institute for Economic Policy Research at the Hoover Institution, and Anne Krueger, Professor Emeritus of Science and Humanities in Economics at Stanford University, as they discuss how difficult economic decisions are to make in a democracy in. It was recorded in 2000.

Listen to Dr. Reinhard Selten, Director of the Laboratory for Experimental Economics and Dr. John F. Nash, Jr., Professor of Mathematics at Princeton University, discuss Game Theory Applications. Nobel Prize winner, Dr. Selten, and Nobel Memorial Prize winner, Dr. Nash, both received their awards in 1994. This discussion was recorded in 2000.

Listen to Professors Sidney Hook, Hoover Fellow, and Tibor Machan, Professor at Auburn University explore the controversial life and ideology of Karl Marx, giving particular attention to Marx’s ideas on work in For the Love of Work: Karl Marx. It was recorded in 1987.

Listen to a lively discussion with Nobel Economist Milton Friedman and seven young adults discussing our government’s potential to act as an agent for social change in Tyranny of the Status Quo. They examine those factors which have worked to maintain outdated public policies despite a shift in public opinion. This program is presented in three segments: Beneficiaries, Bureaucrats, and Politicians. Participants include Richard Vigilante, Harry Crocker, Gary Jenkins, Lee Liberman, Steve Calabresi, David Brooks, and Carola Mone. It was recorded in 1983.

Listen to a 45-minute lively discussion featuring Dr. Walter Williams, Professor of Economics at George Mason University, Dr. William Stull, Chairman of the Economics Department at Temple University, and Dr. William Dunkelberg, Dean of the School of Business & Management at Temple University. Originally Recorded: 1992

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, Friedman’s talk is “The Future of Our Free Society.” We live under government domination of the market economy. We have come a long way from a truly free economy. Consider the number of markets to which new firms do not have free access. Consider the erosion of expression for business people. Consider the plethora of government regulations American business must contend with. Can these trends be reversed? It is harder to repeal laws than pass …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, Friedman covers “Money and Inflation.” Inflation is blamed on many things, but it has only one cause. It is a monetary phenomenon. Inflation occurs when the quantity of money increases faster than the quantity of goods. Why does the money supply increase? Very often it does so to enable the government to pay its bills without raising taxes. There’s only one real cure for inflation. It is a cure that’s easy to describe but difficult …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question asked is, “Who Protects the Worker?” Unions offer protection to workers in some situations, but union membership represents only one-fifth of the American labor force. And while some unions do benefit their members, it is generally at the expense of competing workers and frequently at the expense of the consumer. Government? Government provides some protection, but its efforts are minor. Some workers with only one possible employer—or with no possible employer— enjoy very …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question asked is, “Who Protects the Consumer?” Consumer legislation doesn’t protect the consumer in the end. Rather, it benefits the consumer advocates, including reformers, special interest groups, and regulatory agencies. What does protect the consumer? Alternative sources of supply at variable prices are the inevitable result of international competition-free trade. Milton does not mince words when it comes to his perception of the matter, “These agencies, these regulations, these bureaucrats have not only picked …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the quality of public education in America today in many places is in a clear downward spiral. Dr. Friedman identifies the increasing centralization and bureaucratization of the educational establishment, which inhibits educators from seeing and responding to the needs of their “consumers” — parents and students; He also touches on our altered view of the relationship between the individual and society— the shift from seeing the individual as responsible for oneself to seeing the individual …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording, Friedman explores equality and freedom in the free enterprise system. If the government has the power and responsibility to promote equality of income, then how do we define the concept of equality? Jefferson, in his Declaration of Independence, meant equality before the law, a concept necessary precisely because people are not equal in tastes, values, or capacities. Later, equality came to mean equality of opportunity—the chance to run a fair race. Within a free-market system, both definitions …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question asked is what is wrong with the welfare state? The welfare state is an attempt to “do good” with someone else’s money. The aim may be worthy, but the means are faulty. The problem is that you do not spend someone else’s money as carefully as your own. More to the point, it’s impossible to “do good” with someone else’s money without first taking it away from someone else. That implies coercion—the use …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question is what is the role of government in a free society? If we are to define the role of government in a free society, we must first specify the needs a government is expected to provide. Defense from foreign enemies and protection of property, including the enforcement of private contracts, are clearly legitimate functions of government. But when we come to two other functions of government—providing a substitute for voluntary cooperation when it …

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question asked is, “Is capitalism humane?” According to Milton Friedman, the question is irrelevant. Capitalism per se is not humane or inhumane; nor is socialism. If we compare the two in terms of results, it is clear that only capitalism fosters equality and works toward social justice. The one is based on the principle of voluntary cooperation and free exchange, the other on force of position and power. In a free economy, it is …

Critics of the free market system often point out that it is an unfair system due to it leaving some with wealth at the expense of oppressing others. What those critics often ignore is that exchanges in this economic structure are voluntary. Each side comes out of the interaction with their desired result. Since the seller is amassing wealth by helping others get the goods and services they need, isn’t that more moral than proposed socialist solutions? When it comes to the relationship between morals and economics, Dr. Walter Williams has this to say, “Unless you believe that there’s a …

Restraint and common sense, urges the inventor of the Ames Test, Professor Bruce Ames. He’s concerned with the exaggeration of the danger of chemical residues in the environment. Can these views be applied to other aspects of our lives? Originally Recorded: 1987

Join us for Part Two of the conversation between noted economist Friedrich Hayek and the founder of Free To Choose Network, Bob Chitester as they continue to discuss American thought and culture, and the ramifications of constant change in American economic and social policies. Listen to how the themes are still relevant today, despite being recorded in over 40 years ago. Originally Recorded: 1978

Does the United States shift its economic policy too quickly? Not allowing enough time for these policies to take hold may be leading to some unintended consequences. Join noted economist Friedrich Hayek and the founder of Free To Choose Network, Bob Chitester as they discuss just that, along with other topics. Originally Recorded: 1978

Today’s podcast is a conversation with William R. Allen, a former Professor of Economics at UCLA, and former host of The Midnight Economist radio series. Allen, intent on improving the quality of economic education, believes journalists, politicians, and most teachers don’t understand or choose to ignore the lessons of economics. He is also troubled by the well-intentioned efforts of businesses to promote free enterprise. Originally Recorded: 1987

Today’s episode is the second in our Conversations with the Framers Series, as Douglas Ginsburg, Federal Judge on the U.S. Court of Appeals for the D.C. Circuit, interviews historical reenactor Bill Robling, in character as Founding Father Benjamin Franklin. The discussion jumps from the Constitution to drawing comparisons between colonial life and today’s world. Originally Recorded: 2020

Today’s episode is a new recording in our Conversations with the Framers Series, featuring Douglas Ginsburg, Federal Judge on the U.S. Court of Appeals for the D.C. Circuit, as he interviews historical reenactor Dean Malissa, in character as Founding Father, General George Washington. This conversation takes a unique look at the process of drafting the Constitution, though Washington’s eyes, as well as a stark realization as to how those original intentions of the Framers have played out through history into today. Originally Recorded: 2020

Listen to the conclusion of this conversation between two of the most influential economists over the last half-century, Friedrich Hayek and James Buchanan. Centered around the American Constitution, some of these views remain as controversial now as they did when it was originally recorded, over forty years ago. Originally Recorded: 1978

Two of the greatest economic minds over the past 50 years, Friedrich Hayek and James Buchanan, sound off in Part 1 of this 1978 recording covering the American Constitution, the role of government, and several other topics. Hear their unique perspectives that still resonate within our society over 40 years later. Originally Recorded: 1978

A lot has changed in healthcare since this 1993 recording, but the resounding problems have remained alarmingly similar: soaring costs, millions uninsured, and more questions than answers. What role should the government play? And which policies have done more harm than good? Listen in with Rita Ricardo-Campbell, Senior Fellow at the Hoover Institution, and Kevin Hopkins, Senior Domestic Policy Aide during the Reagan Administration, in today’s discussion. Originally Recorded: 1993

How does the rule of law evolve? Are changes to our society spontaneous, or are they organized with an endgame in mind by government? Join legendary economist Friedrich Hayek and Tom Hazlett, then a graduate student in economics, to discuss that subject in this conversation. Originally Recorded: 1978