Though he died in 2006, economist Milton Friedman’s ideas still influence public policy debates today.

The John Locke Foundation joined the Friedman Foundation for Educational Choice today ? what would have been Friedman’s 97th birthday ? in celebrating the Friedman Legacy for Freedom Day.

Economics professor Jennis Biser of North Carolina A&T explains below a key element of Friedman’s philosophy.

Watch the full 50:45 recording by clicking the play button below.

You’ll find other John Locke Foundation video presentations here.