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THE VIDEO SHELF · healthcare economics

Milton Friedman Speaks: The Economics of Medical Care (B1234) - Full Video

Milton Friedman lectures to physicians on the economics of medical care, arguing that government involvement raises costs and leads toward socialized medicine. He also discusses licensing and protecting patients from quacks.

Why HN readers recommended it

HN commenters recommend it for Friedman's argument that regulation and lobbying produce a less efficient, centrally planned healthcare system.

This is a summary from the source dataset, not an endorsement by Hacker News or the video creator.

Video & recommendation details

Creator / channel
Free To Choose Network
Topic
healthcare economics
Format
lecture
Level
general
HN recommenders in dataset
2
HN mentions in dataset
3
Recommendation years in dataset
2019–2022

These counts and years describe the included Hacker News records; they are not YouTube views or the video’s publication date.

From the original HN conversations

Excerpts from the recorded comments. Follow each source for the full comment and surrounding discussion.

  • [LINK] I also like this 45 minute lecture Milton Friedman gave to physicians telling them how they were making healthcare worse due to this type of lobbying by their representatives. [VIDEO]

    chimi on Hacker News · 2019-09
    In ‘Out here, it’s just me’: one doctor for 11,000 square miles
  • Careful, "for-profit" healthcare has a lot of government controls on it. Single payer is only obvious after you add a lot of controls to the market. See [LINK] and the more complete [VIDEO] . He explains how regulation eventually results in a centrally planned setup …

    snagglegaggle on Hacker News · 2019-10
    In When Medical Debt Collectors Decide Who Gets Arrested

Summaries, classifications and recommendation records are from the HackerTube source dataset. Read about this library and its limitations.