Free To Choose Media Podcast cover image

Episode 2 – Milton Friedman Speaks – Myths That Conceal Reality (Podcast)

Free To Choose Media Podcast

00:00

What Will the Japanese Get for the Steel?

In japan, for instance, steel producers are producing at less than cost. And as a result, the american steel on usrhers is not going to be able to compete and wen hir employment here will shut down. But if they were willing to send us steel and just take back green pieces of paper, i can't im in a better deal. The people who are going to lose their jobs and steal are very visible. They're a collective group. If we had a high enough tariff on the import of bananas, it could become profitable to build hot houses and grow a grow of bananas in those hothouses. That would give employment. Would that be a sensible

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app