Free To Choose - The Original 1980 TV Series Season 1 Episode 5 Created Equal

Free To Choose - The Original 1980 TV Series is a documentary series that explores the principles of free market economics and how they influence society. In season 1 episode 5, titled "Created Equal," economist and host Milton Friedman examines the concept of equal opportunity and how it relates to economic and social outcomes.

Friedman begins the episode by discussing the different ways in which people have traditionally attempted to create equal opportunities. He argues that many of these efforts, such as affirmative action programs, have been misguided and have ultimately led to unintended consequences.

Friedman then turns his attention to the role of education in creating equal opportunities. He argues that while education can be an important tool for upward mobility, there is a tendency for government-run schools to become bloated and ineffective. Instead, Friedman advocates for a voucher system that would allow parents to choose the school that best meets the needs of their children.

The episode also explores the ways in which government intervention can sometimes lead to unintended consequences that actually hinder equality. For example, minimum wage laws may seem like a good way to ensure that workers earn a fair wage, but Friedman argues that they actually hurt the very people they are intended to help by discouraging employers from hiring low-skilled workers.

Throughout the episode, Friedman emphasizes the importance of allowing individuals to make their own choices and take responsibility for their own lives. He argues that when government tries to dictate outcomes, it often ends up making things worse.

Overall, "Created Equal" is a thought-provoking episode that offers fresh insights into the complex issue of equal opportunities. Whether you agree with Friedman's views or not, it is clear that he has a deep understanding of the economic and social forces that shape our world. This is a must-see episode for anyone interested in the intersection of economics and social justice.