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Episode 130 – Free To Choose 1990 – The Tyranny of Control – Discussion (Podcast)

Free To Choose Media Podcast

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Free Trade Is a Competition in Which Everyone Wins

The competition that we have in trade is not a competition which somebody loses, in somebody wins. For instance, if you take japan, which has been the most successful competitor to the united states,. They came from, frankly, nowhere, a couple of generations ago to now have wages that are higher than ours. And they've done this with very active government involvement. The fact remains, if we say, take the government out, it's like saying, let's play football with sneakers and tea shirts and touch... You can't strev us outs.

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