Oct 07 2008
Who Protects The Consumer
In part 7 of Milton Friedman’s 10 part series “Free to Choose,” 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.
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