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Michael Munger on the Perfect vs. the Good

EconTalk

CHAPTER

Debating Freedom and Policy

This chapter delves into the philosophical discussions surrounding Milton Friedman's 'Capitalism and Freedom,' highlighting the complexities between radical reforms and pragmatic policies. It critically examines the implications of minimum wage laws and government interventions, questioning their effects on individual autonomy and market dynamics. The conversation also touches on historical perspectives and the philosophical disagreements among key economists regarding voluntary exchange and social policies.

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