Word: friedman
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...public reaction to the show, nonetheless, has been good. Friedman says he has received a stream of letters, "on the whole about 90% favorable." In Britain, where the show is also being aired, one of the biggest fans is Prime Minister Margaret Thatcher. Last week a cartoon in Punch showed the P.M. and her Secretary of State for Industry, Sir Keith Joseph, bowing reverently before a TV set tuned in to Friedman...
Like a good card-carrying capitalist, Friedman has turned the television series into a cottage industry. He and his wife Rose have written a book to go along with the programs. It is also entitled Free to Choose (Harcourt Brace Jovanovich; $9.95) and amplifies his thoughts on the relationship between political and economic freedom...
...program has also spawned a 16-mm film of the series at $6,200 and video cassettes at $4,800 for the economics student who might wish to see an instant replay of the causes for the Great Depression. There are also 15 video-taped lectures called "Milton Friedman Speaks" available at $500 a show or $7,000 for the lot. With the expected profits, Friedman should be able to pay for a return trip to all those beautiful places in the series...
Thatcher's No. 1 priority is beating inflation. A close follower of the monetarist theories of Nobel Laureate Milton Friedman, Thatcher has tightened money and cut government spending. The growth in money supply has been curbed, and interest rates have risen to alltime peaks. Mortgages now cost 15% and a car loan...
...Free to Choose, Milton & Rose Friedman...