How Cars Got Safer: Free Market Lessons from Automotive Crash Test Ratings

from from FEE on 2021-01-18 14:00 (#5CZRV)

In a famous interview from the 1970s, the inimitable TV host Phil Donahue asked Milton Friedman, Tell us how we are going to get automotive companies to sell us safety with the same vigor that they sell us cosmetic features?"

Two generations later, the traffic fatality rate had fallen by over 80 percent. So, what changed?

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