This series really is formatted into two parts; introductory explanation of economic principles and debate. As you would expect from a Nobel laureate, Friedman's explanations on topics such as comparative advantage and inflation are very informative and surprisingly entertaining.
For all the charm of his explanations, the series loses much of its luster during the debates. The people who were invited to debate with Friedman are definitely an interesting bunch (e.g. a young Donald Rumsfield) but the debaters never come to any sort of consensus and Friedman gets away with surprisingly flimsy arguments (e.g. "it's amazing what you can get statistics to say"). Aside from this, there is also the problem of Friedman incorporating some of his more controversial views as if they are undisputed facts.
Still, this series of videos is excellent, and if you know just a tiny bit about economics it's a safe bet that you can tell where Milton's excursions into the normative begin. At the very least, it's nice to see the passion Friedman has for economics.
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