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August 1, 2025 21 mins

In this episode, Peter and Sonny review a 1979 interview between Nobel laureate economist Milton Friedman and Phil Donahue, where capitalism and free enterprise are presented as the only alternative for the improvement of most of society. They illustrate their conversation with examples of countries that have experienced socialism and communism when compared with post-World War II Japan’s economy.

The full audiovisual version of this episode is available on YouTube:
https://youtu.be/PfeZXCkF5G4 


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