Jennifer Burns

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Milton Friedman

You have written two biographies, one on Milton Friedman and one on Ayn Rand. So if we can, we will focus on each one separately, but first, let's talk about the ideas that two of them held in common, the value of individual freedom, skepticism of collectivism, and the ethics of capitalism. Can you talk about the big picture ideas they converge on? Yeah. So, Milton Friedman and Ayn Rand, in the biggest picture, they're both individualists, and they're skeptical of collectivities and collectivism. So, their unit of analysis is the individual. What's good for the individual? What works for the individual? Their understanding of society flows from that. They also both use this focus on individualism to justify and to support capitalism as a social and economic system. So, we can put them in a similar category. We can call them individualists. We could call them libertarians of a sort. They're also really different in how they approach capitalism, how they approach thinking.