This video isn’t mine, it is originally uploaded here: http://www.youtube.com/watch?v=j0pl_FXt0eM
I uploaded it in response to a video about someone complaining about outsourcing jobs.
Duration : 0:6:3
Jon Leibowitz ‘84 (NYU Law), currently a commissioner of the Federal Trade Commission (FTC) and formerly the Democratic chief counsel and staff director of the U.S. Senate Antitrust Subcommittee, spoke on January 12 at NYU School of Law’s Public Interest Forum. In his talk, Leibowitz touched on his pre-FTC career and his experiences as a commissioner, which include cases about anticompetitive behavior in the pharmaceutical industry, predatory financial practices and spamming.
Duration : 0:56:58
Dr. Milton Friedman gives a concise and lucid argument for international free trade at Utah State University in 1978.
For an example of the steel industry’s anti-free enterprise rhetoric listen to Dan DiMicco, CEO of Nucor, one of the largest steel producers in the United States, during this interview with Lesley Stahl. In this example, just as Dr. Friedman professed, Nucor benefits at the expense of Caterpillar which relies heavily on exports.
http://www.youtube.com/watch?v=lYyrqSmhals
Even though this video focuses on the steel industry, it applies to all others as well. Did you know that American consumers pay many times the world price for sugar? Once again, special interests benefit at the expense of everyone else.
http://mjperry.blogspot.com/2009/08/big-sugars-sickeningly-sweet-deal.html
A common belief is that big companies will sell below cost to drive out their competitors and then raise their prices. This is a fallacy and there are few professional economists who believe otherwise. For a simple explanation, watch this video:
http://www.youtube.com/watch?v=V6dD-ifIr8s
This video is an excerpt from Milton Friedman Speaks: Lecture 02, “Myths That Conceal Reality”
http://www.ideachannel.com/index.php?cPath=124_132_165
Duration : 0:6:3