This YouTube transcript from Milton Friedman’s “Free to Choose” series features a discussion on education reform. Friedman advocates for a voucher system, arguing that parental choice and market competition would improve educational quality. Opponents, including teachers’ union representatives, counter that this would disadvantage low-income families and create a two-tiered system. The debate centers on the role of government in education, the effectiveness of public schools, and the potential benefits and drawbacks of market-based reforms. The discussion also explores the differences between public and private education, using examples of successful and failing schools.