Business: Uncle Miltie

Economics by travelogue

Leave it to television to figure out how to give the dismal science some Hollywood glitter. Free to Choose, Nobel-prizewinning Economist Milton Friedman's current ten-part series on the Public Broadcasting Service, has turned economics into an eye-filling travelogue. As the sun slowly sets on beautiful Hong Kong harbor, the shirt-sleeved Friedman credits the crown colony's prosperity to the absence of government controls on business. In gaudy Las Vegas, Friedman expounds on the workings of the market system while standing next to a working roulette wheel. Later, thundering Niagara Falls represents Canada, where an asthmatic American housewife must go to...

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