3min chapter

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Episode 128 – Free To Choose 1980 – The Tyranny of Control (Podcast)

Free To Choose Media Podcast

CHAPTER

What Has Happened to the Japanese Weaving Industry?

India has tremendous economic and human potential, every bit as much as japan had a century ago. The human tragedy is that in india, that potential has been stifled by the strait jacket imposed by an all wise and paternalistic government. Central planning, in practice, has condemned india's masses to poverty and misery. We know what has happened in japan. Free trade set off a process that revolutionized japan and the lives of its people. Improvements in material well being went hand in hand with the elimination of the rigid social structure of a century ago - it's no accident. As always, economic freedom promotes human freedom. And in the meantime, what has happened to

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