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Episode 9 – Milton Friedman Speaks – The Energy Crisis (Podcast)

Free To Choose Media Podcast

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Is There a Monopoly in the Energy Industry?

Abolish all tariffs, all restrictions on imports. That would do far more to introduce competition and prevent monopoly than anything you could do in the anti trust area directly. The only organization that is almost always on the right side is the national federation of independent business. Why? Not because small business men are nobler than big business men, but because they know they can't get anywhere through government whele the big business men can. So don't you try to defend the big business. They'll take care of themselves.

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