Summarize the most important parts of the arguments raised by Milton Friedman in the video.

Watch the attached video. In at least 500 words, summarize the most important parts of the arguments raised by Milton Friedman in the video. Make sure you use quotation marks and proper citation. Summarize and analyze all quotes you choose to use. The first video is mandatory. If you want hear a broader presentation, watch the second video – but that is optional.

https://www.youtube.com/watch?v=ca8Z__o52sk (Links to an external site.)

Milton Friedman on Donahue #2 (Links to an external site.)
Milton Friedman on Donahue #2

Summarize the most important parts of the arguments raised by Milton Friedman in the video.
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