Milton Friedman was a 1976 Nobel Prize-winning American economist and advisor to President Ronald Reagan and conservative British Prime Minister Margaret Thatcher, among others. This week, a conversation with his friend and a Professor at Chapman University, Mark Skousen. In 1980, Friedman partnered with his wife, Rose, to create a 10-part television series for PBS titled "Free to Choose." The Friedmans argued that free-market capitalism works best for all members of society, leading to problem-solving where other economic approaches have failed. The companion book to the PBS series, also titled Free to Choose, was among the best-selling non-fiction books of 1980.
Learn more about your ad choices. Visit megaphone.fm/adchoices