From Friedman's "Bright Promises, Dismal Performance: An Economist's Protest," a collection of Newsweek articles by Milton Friedman published by Thomas Horton and Company, 1972.
This is part 9 in the C-SPAN partnership with the Library of Congress looking at Books that Shaped America with professor and author Lanny Ebenstein. The site also includes other C-SPAN videos with Friedman.