…that economists assume we're all trying to get the maximum possible benefit for the least amount of cost? But if I go up to Milton Friedman or some other economist and I take him out to a nice dinner, he's going to feel like a chump if he doesn't do…

…that? Especially because it completely contradicts our theories of human nature that all of us claim to hold. If I'm Milton Friedman, I'm an economic theorist who says that people are trying to maximize their advantage with minimal output, and that explains…

…output, and that explains all human behavior, which is what economists say, Well, how do you explain the fact that if I took Milton Friedman out to dinner, he would feel he has to take me out? I mean, according to his theory, he should say, great, I…

…You mentioned in passing there that there are no states, so therefore no markets. And I was just thinking of Milton Friedman, the co-wrote a book, something like 600 pages, A Monetary History of the United States, in which he... pledged allegiance…

…Massive increases in productivity without people having the means to purchase what they're able to produce. None of that interests Milton Friedman. It's just how the Federal Reserve screwed up. But you say repeatedly through the book that there are no…

…anything, they're going to use it as a way to, you know, and I've heard people say that, I mean, it's true that Milton Friedman was into basic income too, because he thought it was a way to destroy social programs. Well, he was into negative income…

…I always say there's sort of three versions of ubi. Daniel Rothenberg, MD, there's the right wing version, the sort of Milton Friedman version, where you just get rid of the welfare state give people money and say by privatized services. Daniel Rothenberg,…

…example of exchange of dinner invitations. I mean, one of the powers of Moses' critique of classical economics is even if you have Milton Friedman in a room and you take him out to an expensive dinner, he is going to feel obliged to take you out to…

…theory says he shouldn't. On the other hand, that's only true in certain circumstances. If you're George Soros and you take Milton Friedman out, he'll say, great, I have something for nothing. And on the other hand, if you're a minor graduate student,…