milton friedman 100th anniversary

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Freedom to Cooperate Gregory F. Rehmke www.EconomicThinking.org [email protected] Milton Friedman 100th Anniversary Celebration Wednesday, August 1, 2012 from 7:30 PM to 10:30 PM Mountain View, CA www.Independent.org Thursday, February 28, 13

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Short presentation at Milton Friedman Day in Mountain View, summer of 2012. Talk emphasizes the role of cooperation in market economies. Competition allows us to choose which people and firms to cooperate with.

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Page 1: Milton Friedman 100th Anniversary

Freedom to CooperateGregory F. Rehmke

www.EconomicThinking.org • [email protected]

Milton Friedman 100th Anniversary CelebrationWednesday, August 1, 2012 from 7:30 PM to 10:30 PMMountain View, CA

www.Independent.org

Thursday, February 28, 13

Page 2: Milton Friedman 100th Anniversary

Thursday, February 28, 13

Page 3: Milton Friedman 100th Anniversary

freetochoose.tv

Thursday, February 28, 13

Page 4: Milton Friedman 100th Anniversary

Competition and Cooperation

Milton Friedman 100th Anniversary CelebrationWednesday, August 1, 2012 from 7:30 PM to 10:30 PMMountain View, CA

Thursday, February 28, 13

Page 5: Milton Friedman 100th Anniversary

• Does a free-market economic system push people to compete? Isn’t competition angry and wasteful?

Competition and Cooperation

Milton Friedman 100th Anniversary CelebrationWednesday, August 1, 2012 from 7:30 PM to 10:30 PMMountain View, CA

Thursday, February 28, 13

Page 6: Milton Friedman 100th Anniversary

• Does a free-market economic system push people to compete? Isn’t competition angry and wasteful?

• Shouldn’t society emphasize cooperation?

Competition and Cooperation

Milton Friedman 100th Anniversary CelebrationWednesday, August 1, 2012 from 7:30 PM to 10:30 PMMountain View, CA

Thursday, February 28, 13

Page 7: Milton Friedman 100th Anniversary

• Does a free-market economic system push people to compete? Isn’t competition angry and wasteful?

• Shouldn’t society emphasize cooperation?

• The core value or core freedom of a market economy is cooperation.

Competition and Cooperation

Milton Friedman 100th Anniversary CelebrationWednesday, August 1, 2012 from 7:30 PM to 10:30 PMMountain View, CA

Thursday, February 28, 13

Page 8: Milton Friedman 100th Anniversary

• Does a free-market economic system push people to compete? Isn’t competition angry and wasteful?

• Shouldn’t society emphasize cooperation?

• The core value or core freedom of a market economy is cooperation.

• In a market economy we have the freedom to choose who we cooperate with: who we buy from, who we work for, who we associate with.

Competition and Cooperation

Milton Friedman 100th Anniversary CelebrationWednesday, August 1, 2012 from 7:30 PM to 10:30 PMMountain View, CA

Thursday, February 28, 13

Page 9: Milton Friedman 100th Anniversary

Competition and Cooperation

Thursday, February 28, 13

Page 10: Milton Friedman 100th Anniversary

• In a free society, people choose who they wish to cooperate with.

Competition and Cooperation

Thursday, February 28, 13

Page 11: Milton Friedman 100th Anniversary

• In a free society, people choose who they wish to cooperate with.

• But today, in the U.S. and around the world, that freedom is often illegal...

Competition and Cooperation

Thursday, February 28, 13

Page 12: Milton Friedman 100th Anniversary

• In a free society, people choose who they wish to cooperate with.

• But today, in the U.S. and around the world, that freedom is often illegal...

• Regulation limits freedom to cooperate in: Transportation, Housing, Medical care, etc.

Competition and Cooperation

Thursday, February 28, 13

Page 13: Milton Friedman 100th Anniversary

www.independent.org/publications/books/Thursday, February 28, 13

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www.independent.org/publications/books/Thursday, February 28, 13

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www.independent.org/publications/books/Thursday, February 28, 13

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www.independent.org/publications/books/Thursday, February 28, 13

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www.independent.org/publications/books/Thursday, February 28, 13

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Thursday, February 28, 13

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Thursday, February 28, 13