Comparing India and the U.S. with Hong Kong, this segment examines political barriers to innovation and how China’s “special administrative region” allows the greatest economic freedom. Interviews with economists Milton Friedman and Dinesh D�...
This segment uses broken windows and the glass industry as metaphors for what keeps the economy running and what can happen if government is too involved in it. NOTE: This program is part of the larger program, "Teaching Tools for Macroeconomics, Go...