Episode 9 – Milton Friedman Speaks – The Energy Crisis (Podcast)
Free To Choose Media Podcast
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The Alternatives to the Oil Question
The alternatives before us are simple. We have to take the momentous choice between brief, but true greatness and longer continued mediocrity. The excerpts i have read to you are from a book called the coal question, written by a great english economist, w stanley jevons, and published in 18 65. And he said exactly the same thing, as you can see, that our supposed experts been saying about the oil question in these recent years. He was wrong, as you realize.
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