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Series >> Milton Friedman Speaks >> Who Protects the Consumer?
Milton Friedman Speaks: Who Protects the Consumer?
Consumer legislation doesn’t in the end protect the consumer; rather, it benefits the consumer advocates, including reformers, special interest groups, and regulatory agencies. What does protect the consumer? Alternative sources of supply at variable prices are the inevitable result of international competition—free trade.
©1978 / 1:25:58
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