#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom

Jennifer Burns is a historian of ideas, focusing on the evolution of economic, political, and social ideas in the United States in the 20th century. She wrote two biographies, one on Milton Friedman, and the other on Ayn Rand. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep457-sc See below for timestamps, and to give feedback, submit questions, contact Lex, etc.

CONTACT LEX: Feedback - give feedback to Lex: https://lexfridman.com/survey AMA - submit questions, videos or call-in: https://lexfridman.com/ama Hiring - join our team: https://lexfridman.com/hiring Other - other ways to get in touch: https://lexfridman.com/contact

EPISODE LINKS: Jennifer's X: https://x.com/profburns Jennifer's Website: https://www.jenniferburns.org

Jennifer's Books: Milton Friedman biography: https://amzn.to/4hfy1HO Ayn Rand biography: https://amzn.to/4afr3A0

SPONSORS: To support this podcast, check out our sponsors & get discounts: Brain.fm: Music for focus. Go to https://brain.fm/lex GitHub: Developer platform and AI code editor. Go to https://gh.io/copilot LMNT: Zero-sugar electrolyte drink mix. Go to https://drinkLMNT.com/lex Shopify: Sell stuff online. Go to https://shopify.com/lex AG1: All-in-one daily nutrition drinks. Go to https://drinkag1.com/lex

OUTLINE: (00:00) - Introduction (10:05) - Milton Friedman (24:58) - The Great Depression (39:15) - Schools of economic thought (50:22) - Keynesian economics (58:10) - Laissez-faire (1:06:00) - Friedrich Hayek (1:11:18) - Money and monetarism (1:26:03) - Stagflation (1:30:56) - Moral case for capitalism (1:34:53) - Freedom (1:39:51) - Ethics of competition (1:43:37) - Win-win solutions (1:45:26) - Corruption (1:47:51) - Government intervention (1:54:10) - Conservatism (2:00:33) - Donald Trump (2:03:09) - Inflation (2:07:38) - DOGE (2:12:58) - Javier Milei (2:18:03) - Richard Nixon (2:25:17) - Ronald Reagan (2:28:24) - Cryptocurrency (2:43:40) - Ayn Rand (2:51:18) - The Fountainhead (3:02:58) - Sex and power dynamics (3:19:04) - Evolution of ideas in history (3:26:32) - Postmodernism (3:37:33) - Advice to students (3:45:50) - Lex reflects on Volodymyr Zelenskyy interview

PODCAST LINKS:

Created 7mo | Jan 19, 2025, 8:20:04 PM


Login to add comment

Other posts in this group

#476 – Jack Weatherford: Genghis Khan and the Mongol Empire

Jack Weatherford is an anthropologist and historian specializing in Genghis Khan and the Mongol Empire. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep476-sc See b

Aug 1, 2025, 3:10:15 AM | LEX FRIDMAN
#475 – Demis Hassabis: Future of AI, Simulating Reality, Physics and Video Games

Demis Hassabis is the CEO of Google DeepMind and Nobel Prize winner for his groundbreaking work in protein structure prediction using AI. Thank you for listening ❤ Check out our sponsors: https://lexf

Jul 23, 2025, 7:40:14 PM | LEX FRIDMAN
#474 – DHH: Future of Programming, AI, Ruby on Rails, Productivity & Parenting

David Heinemeier Hansson (aka DHH) is a legendary programmer, creator of Ruby on Rails, co-owner & CTO of 37signals that created Basecamp, HEY, & ONCE, and is a NYT-best-selling author (with Jason Fri

Jul 12, 2025, 5:20:04 PM | LEX FRIDMAN
#473 – Iran War Debate: Nuclear Weapons, Trump, Peace, Power & the Middle East

Debate on Iran war between Scott Horton and Mark Dubowitz. Scott Horton is the author and director of the Libertarian Institute, editorial director of Antiwar.com, host of The Scott Horton Show, and f

Jun 26, 2025, 11:30:11 PM | LEX FRIDMAN
#472 – Terence Tao: Hardest Problems in Mathematics, Physics & the Future of AI

Terence Tao is widely considered to be one of the greatest mathematicians in history. He won the Fields Medal and the Breakthrough Prize in Mathematics, and has contributed to a wide range of fields f

Jun 15, 2025, 2:20:05 AM | LEX FRIDMAN
#471 – Sundar Pichai: CEO of Google and Alphabet

Sundar Pichai is CEO of Google and Alphabet. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/sponsors/ep471-sc See below for timestamps, transcript, and to give feedback, subm

Jun 5, 2025, 7:40:10 PM | LEX FRIDMAN
#470 – James Holland: World War II, Hitler, Churchill, Stalin & Biggest Battles

James Holland is a historian specializing in World War II. He hosts a podcast called WW2 Pod: We Have Ways of Making You Talk. Thank you for listening ❤ Check out our sponsors: https://lexfridman.com/

May 25, 2025, 12:50:13 AM | LEX FRIDMAN