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Episode 9 – Milton Friedman Speaks – The Energy Crisis (Podcast)

Free To Choose Media Podcast

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The Third Factor That Influenced the Decline of Oil Prices

There is no economic argument on any level for the regulation of oil. Why then do we have it? Well i think, again, if i may quote edward mitchell said about carter's energy program: "The preference of houses over cars, non energy over energy" Is there anybody who would say that what should be the philosophy guiding America? The answer is to be found in political philosophy.

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