This brilliant Milton Friedman Q&A holds all sorts of lessons for today’s debates about consumer freedom and health care, as well as implications for our Free to Choose Medicine project. Friedman is asked in it to respond to a query from a young man (wrongly identified as Michael Moore — or perhaps the uploader’s intention was just to note the similarity in views) about the decision Ford made regarding an automobile which could have increased consumer safety. Friedman responds by noting that the real principles involved here are ones of transparency and liberty, empowering consumer choice — “would you pay more to increase your safety?” — and makes several key points which illustrate the importance of these decisions. Watch and learn.
- Previous story Debunking NOAA’s ‘Warmest Year On Record’ Claim
- Next story Restaurant Owners Keep Food Truck Competitors On the Run
Heartland on YouTube
The Climate Change Awards
- What happened to work in America?
- The Breakdown of Civil Society
- Journalism - kingdom of fools
- If At First You Fail Miserably & Blow Up The Financial System, Do It Again! | Zero Hedge
- Here's a shocker: Smart teachers produce smarter students
- The Shocking Three Words Darrell Issa Asked Jonathan Gruber During Obamacare Hearing
- Gruber gets Gowdy-ed
Tag Cloudal gore Barack-Obama big government carbon dioxide climate change CO2 Common Core Congress Democrats economics economy education energy energy policy environment environmental protection agency EPA FCC fossil fuels fracking freedom free market global warming government green energy health care Heartland Institute internet IPCC liberty net neutrality NIPCC Obama Obama administration Obamacare politics president obama regulation Republicans science Socialism statism Taxes technology United Nations