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Jennifer Burns

๐Ÿ‘ค Speaker
1621 total appearances

Appearances Over Time

Podcast Appearances

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

So then he starts recalibrating them and saying, you know what? If you don't have political freedom, you're never going to be able to hold on to economic freedom. So he sees that they need to go together and they don't naturally go together. And so he starts to become more clear in talking about political freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Now, let's fast forward to the end of his life, and he's witnessing the emergence of what we call the Asian tiger. So capitalist economies that are doing very well. but they don't have political freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Now, let's fast forward to the end of his life, and he's witnessing the emergence of what we call the Asian tiger. So capitalist economies that are doing very well. but they don't have political freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Now, let's fast forward to the end of his life, and he's witnessing the emergence of what we call the Asian tiger. So capitalist economies that are doing very well. but they don't have political freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

But then he observes, they don't have political freedom in that you can't vote in a free and fair election, but they also don't have a Stasi, they don't have a KGB, they're not hauling people off for their wrong opinions. So then he says they have something called civic freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

But then he observes, they don't have political freedom in that you can't vote in a free and fair election, but they also don't have a Stasi, they don't have a KGB, they're not hauling people off for their wrong opinions. So then he says they have something called civic freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

But then he observes, they don't have political freedom in that you can't vote in a free and fair election, but they also don't have a Stasi, they don't have a KGB, they're not hauling people off for their wrong opinions. So then he says they have something called civic freedom.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

And so he kind of defines this third sphere, civic freedom of debate, discussion, interpersonal relations, but you can't be political. So This is a late-in-life addition. I don't think it's fully theorized. I think what it shows is that during the Cold War, he very much believed economic and political freedom, capitalism and freedom, democracy, the United States, capitalism.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

And so he kind of defines this third sphere, civic freedom of debate, discussion, interpersonal relations, but you can't be political. So This is a late-in-life addition. I don't think it's fully theorized. I think what it shows is that during the Cold War, he very much believed economic and political freedom, capitalism and freedom, democracy, the United States, capitalism.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

And so he kind of defines this third sphere, civic freedom of debate, discussion, interpersonal relations, but you can't be political. So This is a late-in-life addition. I don't think it's fully theorized. I think what it shows is that during the Cold War, he very much believed economic and political freedom, capitalism and freedom, democracy, the United States, capitalism.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

This all went together. And he starts to see at the end of his life the emergence of different social systems that are using market trading and allocation but aren't giving people similar freedoms. And he's kind of puzzling over that. Now, he always believes... that China will democratize. And he thinks China's on the path to democratization, in part because Chile does democratize.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

This all went together. And he starts to see at the end of his life the emergence of different social systems that are using market trading and allocation but aren't giving people similar freedoms. And he's kind of puzzling over that. Now, he always believes... that China will democratize. And he thinks China's on the path to democratization, in part because Chile does democratize.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

This all went together. And he starts to see at the end of his life the emergence of different social systems that are using market trading and allocation but aren't giving people similar freedoms. And he's kind of puzzling over that. Now, he always believes... that China will democratize. And he thinks China's on the path to democratization, in part because Chile does democratize.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Eventually, Pinochet is voted out, and it's become a democratic capitalist and very prosperous country. And he thinks that's exactly what's happening in China. He sees Tiananmen, and he doesn't live long enough to get to where we are now, in which doesn't look like political or civic freedom is coming to China anytime soon.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Eventually, Pinochet is voted out, and it's become a democratic capitalist and very prosperous country. And he thinks that's exactly what's happening in China. He sees Tiananmen, and he doesn't live long enough to get to where we are now, in which doesn't look like political or civic freedom is coming to China anytime soon.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Eventually, Pinochet is voted out, and it's become a democratic capitalist and very prosperous country. And he thinks that's exactly what's happening in China. He sees Tiananmen, and he doesn't live long enough to get to where we are now, in which doesn't look like political or civic freedom is coming to China anytime soon.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

He thought you couldn't have both.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

He thought you couldn't have both.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

He thought you couldn't have both.

Lex Fridman Podcast
#457 โ€“ Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

He thought eventually the market would triumph.