Source:Free To Choose Network– left to right: Milton Friedman & Linda Chavez.
“Dr. Friedman hosts a discussion with David Brooks (Wall Street Journal) and James Galbraith (University of Texas) on regulations and markets.”
From the Free To Choose Network
There is no such thing as a free market anywhere in the developed world. Switzerland might be the closest. So the free marketers in the video are talking about is creating something that doesn’t exist right now.
What developed countries have are private markets and private capitalism owned by individuals. But regulated by government’s to put rules in place to protect individuals consumers and workers from actors who would hurt them.