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Jennifer Burns on Milton Friedman
EconTalk
The Role of Prices in Efficient Resource Allocation
13min Snip
00:00
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This chapter explores the concept of prices as signals in free market economics and emphasizes the importance of not distorting prices to allocate resources efficiently. It discusses Milton Friedman's controversies regarding price control and opposition to rent control, as well as his collaborations with women economists and their contributions to his work.
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