Today’s new video is a particularly exciting one. Filmed in 1999 at an International Society for Individual Liberty conference in Costa Rica, economist and Nobel laureate Milton Friedman delivers a lecture about the tides of economic and political ideas throughout the modern era, beginning with the lassiez-faire influence of the Adam Smith in the 1700s, progressing through Fabian big government authoritarianism during the greater portion of the 20th century, and concluding with Hayek and the resurgence of classical liberal ideas following the collapse of some of the world’s largest and most restrictive authoritarian states.