Table of Contents
At least 100-200 words
- Watch the following two videos:
- Milton Friedman on Profit Motive Part 1 (opens new window) (plain text link: https://www.youtube.com/watch?v=ev_Uph_TLLo)
- Milton Friedman on Profit Motive Part 2 (opens new window) (plain text link: https://www.youtube.com/watch?v=iPqdRqacpFk)
- In your opinion, who has the stronger argument?
- Should Ford and the consumer be free to make decisions about production and buying based on all available information, or should we rely on the government to regulate and make decisions for us? EXPLAIN, using economic reasoning learned thus far in the course.
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