Here I speak at Mises University 2012. My lecture is about Friedman’s positive externalities’ argument of public schools, his broken window fallacy concerning WWII, the tradable emission rights, Friedman’s road socialism. I talk about the flexible exchange rates. I go on with Friedman on eminent domain, democracy and anti-trust. I also viciously attack Coase’s Lighthouse article and his anti-property rights beliefs and more!