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Milton Friedman36:17
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photoIn the 1950s, he advocated a flat tax and school vouchers. His teachings have reached into countries as different as Chile and China. Even at age 92, Nobel Prize-winning economist Milton Friedman remains a true radical.

Friedman says that the United States, under President George W. Bush, is winning what he calls "the war of ideas." Now, he wants to see true free-market ideology put into practice.

Tune in to hear a conversation with Milton Friedman about President Bush's economic instincts and the way ahead for the U.S. economy.

Guests:

Milton Friedman, winner of the 1976 Nobel Prize in Economics, the Presidential Medal of Freedom and the 1988 National Medal of Science. He was economic advisor to U.S. presidents Richard Nixon and Ronald Reagan, and is currently senior research fellow at the Hoover Institution. He is also author of many books, including "Capitalism and Freedom" and "Free to Choose."

This program aired on January 3, 2005.

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