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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.
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- verified Status: Released
- calendar_month Release Date: 1980-01-18
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- timer Runtime: 58 Mins
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Milton Friedman
Robert McKenzie
Richard Deason
Donald Rumsfeld
Helen Hughes
Jagdish Bhagwati
Richard P. Simmons
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