In this Uncommon Knowledge classic from February 10, 1999, Milton Friedman, recipient of the Nobel Prize in Economic Science in 1976 and a senior research fellow at the Hoover Institution from 1977 to 2006, discusses, with Hoover research fellow Peter Robinson, what defines a libertarian and how Friedman balances the libertarians' desire for a small, less intrusive government with environmental, public safety, food and drug administration, and other issues.

Recorded on Wednesday, February 10, 1999

Cast

Milton Friedman

Milton Friedman

Related

Videos

What Does 250 Years Of War Teach Us About American Strategy?

From the Revolution to today’s global challenges, the lessons of American power.

August 24, 2026 • 64 Min Watch

Articles

Do Minimum Wages Help Worker In Poor And Low-Income Families?

We provide the first direct estimates of the effects of minimum wages on low-wage workers in families at different points of the distribution of income-to-needs, using data from the Survey of Income and Program Participation, which oversamples low-income families.

August 21, 2026

Videos

Mary Barra On Leadership, Innovation, And Grit

From the factory floor to the CEO suite, Mary Barra built her career at General Motors. Condoleezza Rice speaks with Barra about her Only in America journey and the lessons it taught her about leadership, customer satisfaction, and the importance of investing in the American workforce.

August 26, 2026 • 0 Min Watch