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Milton Friedman on the Ford Pinto Recall Decision

RepublicansSuckDlCK · Commentary · 7 min · 2012 · YouTube title: Milton Friedman justifies not recalling the ford pinto
Why it's here

HN uses it as an example of cost-benefit reasoning about product safety in threads on recalls, security spending and Boeing.

What it covers

A clip of Milton Friedman answering an audience member about Ford's decision not to recall the Pinto, in which he defends weighing safety costs against benefits. The uploader's framing is strongly hostile to Friedman.