Milton Friedman, Free Markets & Shareholder Value

This week on White Collars, Charles and Father dive into the life, ideas, and controversies surrounding legendary economist Milton Friedman. From free markets and shareholder value to stimulus checks, tariffs, inflation, and the role of government, the conversation explores how Friedman’s economic philosophy still shapes modern politics and business today. Along the way, they unpack the famous phrase “there’s no such thing as a free lunch,” debate COVID stimulus spending, discuss capitalism through a Catholic lens, and ask whether profit and morality can coexist. Plus: finance bros, Disney ambitions, Friedman’s viral debate clips, and a surprise new fan of the show. Whether you love economics or still don’t fully understand the Fed, this episode breaks down big ideas in a way that’s thoughtful, practical, and entertaining.