Free To Choose 1980, Vol. 7: Who Protects the Consumer?
Free To Choose Network is a nonprofit media group with a global reach and a passion for big ideas. The network originally launched with Nobel Prize-winning economist Milton Friedman’s groundbreaking 1980 television series “Free to Choose,” and still believes that people—and societies—flourish when free to shape their own lives, pursue personal goals, and make choices that reflect their values. Through smart, accessible storytelling, their programs spark conversations about freedom, responsibility, and what it means to live well.
Overview
Free To Choose® is the ground-breaking PBS television series featuring Milton Friedman, Nobel Prize-winning economist. Filmed on location around the world, these programs have helped millions of people understand the close relationship between the ideas of human freedom and economic freedom.
Who Protects the Consumer?
Various government agencies have been created on the claim that they will protect the consumer. These agencies restrict freedom, stifle beneficial innovation, and become agents for the industries or groups they are intended to regulate. Friedman explains how the apparent chaos of the market place–the competition of many suppliers for business–is the best protection of consumer interests. Moderated by Robert McKenzie, featured participants include: Milton Friedman, Kathleen O’Reilly (Consumer Federation of America), Richard Landau (Professor of Medicine, University of Chicago), Joan Claybrook (National Highway Traffic Safety Administration), and Robert Crandall (Brookings Institute).