Free To Choose 1980, Vol. 3: Anatomy of Crisis

Free To Choose® is the ground-breaking PBS television series featuring Milton Friedman, Nobel Prize-winning economist. Filmed on location around the world, these programs have helped millions of people understand the close relationship between the ideas of human freedom and economic freedom.

Anatomy of Crisis
The Great Depression has been popularly viewed as a failure of capitalism. The stock market crash, the failure of the Bank of the United States, and loss of personal savings were visible symbols supporting this belief. As Friedman explains, the real cause was the unseen failure of government policy and action. Yet this crisis resulting from government failure leads to decades of government expansion. Moderated by Robert McKenzie, featured participants include: Milton Friedman, Robert Lekachman (Professor of Economics, City University, New York), Nicholas Von Hoffman (Syndicated Columnist), Peter Temin (Professor of Economics, MIT) and Peter Jay (British Ambassador to the United States, 1977-1979).