Release Date
18 Jan, 1980
Runtime
00:58: (HH:MM)
Synopsis
Government planning and detailed control of economic activity lessens productive innovation, and consumer choice. Good, better, best, are replaced by "approved" or "authorized." Friedman shows how "established" industries or methods, seek government protection or subsidization in their attempts to stop or limit product improvements which they don't control. Friedman visits India, Japan and U.S.
Photos
Milton Friedman
Robert McKenzie
Donald Rumsfeld
Bob Chitester