#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
6Description
Jennifer Burns is a historian of ideas, focusing on the evolution of economic, political, and social ideas in the United States in the 20th century. She wrote two biographies, one on Milton Friedman, and the other on Ayn Rand.
Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep457-sc
See below for timestamps, transcript, and to give feedback, submit questions, contact Lex, etc.
Transcript:
https://lexfridman.com/jennifer-burns-transcript
CONTACT LEX:
Feedback – give feedback to Lex: https://lexfridman.com/survey
AMA – submit questions, videos or call-in: https://lexfridman.com/ama
Hiring – join our team: https://lexfridman.com/hiring
Other – other ways to get in touch: https://lexfridman.com/contact
EPISODE LINKS:
Jennifer’s X: https://x.com/profburns
Jennifer’s Website: https://www.jenniferburns.org
Jennifer’s Books:
Milton Friedman biography: https://amzn.to/4hfy1HO
Ayn Rand biography: https://amzn.to/4afr3A0
SPONSORS:
To support this podcast, check out our sponsors & get discounts:
Brain.fm: Music for focus.
Go to https://brain.fm/lex
GitHub: Developer platform and AI code editor.
Go to https://gh.io/copilot
LMNT: Zero-sugar electrolyte drink mix.
Go to https://drinkLMNT.com/lex
Shopify: Sell stuff online.
Go to https://shopify.com/lex
AG1: All-in-one daily nutrition drinks.
Go to https://drinkag1.com/lex
OUTLINE:
(00:00 ) – Introduction
(10:05 ) – Milton Friedman
(24:58 ) – The Great Depression
(39:15 ) – Schools of economic thought
(50:22 ) – Keynesian economics
(58:10 ) – Laissez-faire
(1:06:00 ) – Friedrich Hayek
(1:11:18 ) – Money and monetarism
(1:26:03 ) – Stagflation
(1:30:56 ) – Moral case for capitalism
(1:34:53 ) – Freedom
(1:39:51 ) – Ethics of competition
(1:43:37 ) – Win-win solutions
(1:45:26 ) – Corruption
(1:47:51 ) – Government intervention
(1:54:10 ) – Conservatism
(2:00:33 ) – Donald Trump
(2:03:09 ) – Inflation
(2:07:38 ) – DOGE
(2:12:58 ) – Javier Milei
(2:18:03 ) – Richard Nixon
(2:25:17 ) – Ronald Reagan
(2:28:24 ) – Cryptocurrency
(2:43:40 ) – Ayn Rand
(2:51:18 ) – The Fountainhead
(3:02:58 ) – Sex and power dynamics
(3:19:04 ) – Evolution of ideas in history
(3:26:32 ) – Postmodernism
(3:37:33 ) – Advice to students
(3:45:50 ) – Lex reflects on Volodymyr Zelenskyy interview
PODCAST LINKS:
– Podcast Website: https://lexfridman.com/podcast
– Apple Podcasts: https://apple.co/2lwqZIr
– Spotify: https://spoti.fi/2nEwCF8
– RSS: https://lexfridman.com/feed/podcast/
– Podcast Playlist: https://www.youtube.com/playlist?list=PLrAXtmErZgOdP_8GztsuKi9nrraNbKKp4
– Clips Channel: https://www.youtube.com/lexclips
United States
Re: interview with Zelensky You think people who criticize you are bots? We're not, and we're all entitled to our opinions. I was going to give you benefit of the doubt, thinking you were just naive about peace talks with hitler but you doubled down and proved yourself clueless, in particular about fall of 2022 when biden stopped military aid to Ukraine exactly because putin was serious about using nukes in Ukraine after defeat in Kherson. That attempt at explaining yourself was a mistake.
How much of his invaded, sovereign territory do you think Zelensky must " compromise" on Lex?
Your summary at the end of your self justification demonstrates clearly why you're actually pro Trump.
You're not seriously considering the many, including knowledgeable people who have said you're too naive Lex. Here you demonstrate why they're right.