When the Soviet Union collapsed, countries in the Eastern Bloc were faced with a huge challenge. They needed to take their socialist societies and convert them into capitalist ones. How did they change a country where most property was state-owned into something that was based on private property? Each country handled it differently and the results are not surprising. Hear the difficulties and the immediate effects of these swift policy changes from Nobel laureate Milton Friedman, Tom Hazlett, and Robert Ebel in the latest episode of the Free To Choose Media Podcast.
Dr. Kenneth J. Arrow, Professor of Economics Emeritus at Stanford University and 1972 Nobel Prize Winner in Economic Science and Professor John B. Taylor,...
Today's podcast is "From Cradle to Grave," volume four of the ten-part public television series Free To Choose. The welfare state arises from the...
Listen to the conclusion of this conversation between two of the most influential economists over the last half-century, Friedrich Hayek and James Buchanan. Centered...