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STEP ONE. Watch first these two videos:
Lecture 10. Regulation of Natural Monopoly. http://youtu.be/mt_S0vUvZQ4
Episode 28. Regulation of a Monopoly. http://youtu.be/lZfbZDK0hLw
STEP 2. Watch these videos.
Milton Friedman. Monopoly. http://youtu.be/tdLBzfFGFQU
Milton Friedman. Government Regulations. http://youtu.be/Biu7bJAfVNI
STEP 3. Compare and contrast Steps One and Two. Do you find discrepancies?
STEP 4. Write your opinions on Milton’s opinions about the need of Government monopoly regulation. He was a brilliant professor and a Nobel Prize. His opinions were polemic and not always shared,
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