Submitted by Alex Viladot on Thu, 12/13/2012 - 10:12
In this 1980 video, Milton Friedman explains how government planning and subsidies obstructed progress and thus growth in the textile industry by trying to protect traditional hand loom workers.
Milton Friedman in Free to Choose Part 2: The Tyranny of Control
Comments
Great find. Milton Friedman = best communicator of economic ideas of all time!
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