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Milton Friedman justifies not recalling the ford pinto

RepublicansSuckDlCK · commentary · Watch on YouTube

Microeconomics & behavioral economicsCars, EVs & motorcyclesPhilosophy & ethics

What it is

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.

Why Hacker News recommends it

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

  • 1 people recommended it
  • 1 different months
  • 0 strong recommendations
  • first 2015, last 2019

What HN commenters said

  1. “There is an entertaining video of Milton Friedman discussing the same issues with an audience member”

    Friedman debates safety trade-offs with an audience member.

    baddox, 2015-04 · Recommendation · in “The Engineer’s Lament”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: milton friedman, ford pinto, recalls, business ethics, safety tradeoffs

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