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Episode 8 – Milton Friedman Speaks – Free Trade: Producer vs. Consumer (Podcast)

Free To Choose Media Podcast

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Why We Have Bad Economic Policy, if Only the Experts Agreed

Kaines had a very flexible mind. And one week britain went off the gold standard, he retracted his support for tariffs. He said in his footnote, and i quote, not all my free trade friends proved to be as prejudiced as i had thought. After a tariff was no longer necessary, many of them were found voting for it. In other words, it's often easier to turn people in the direction than it is to reverse that and get them back on the right line.

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