URL: https://digitalcollections.hoover.org/objects/52289
Collection Structure Milton Friedman papers >  Audio-Visual file >  Milton Friedman Speaks lecture series >  Who Protects the Consumer?
Item Title Who Protects the Consumer?
Collection Title Milton Friedman papers
Speaker Friedman, Milton (1912-2006)
Date Created September 12, 1977
Description Brochure summary: Delivered at Pfizer Corporation, New York City 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. "Let me emphasize: Competition does not protect the consumer because businessmen are more soft hearted than bureaucrats or because they are more altruistic or because they are more generous, but only because it is in the self-interest of the entrepreneur to protect the consumer."
Language(s) English
Country of Origin United States
Format Sound Recording
Medium lectures
Hoover ID 77011_a_0006837
Record Number 77011.110
Collection Guide https://oac.cdlib.org/findaid/ark:/13030/tf7t1nb2hx
Rights Used with permission. This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the copyright owner.