George Shultz on Economics, Human Rights and the Fall of the Soviet Union

George Shultz, the Thomas W. and Susan B. Ford Distinguished Fellow at Stanford's Hoover Institution and Secretary of State under Ronald Reagan, talks with host Russ Roberts about the role of economics in his career, the tension between morality and pragmatism in foreign policy, and the role of personalities and economics in diplomacy, particularly in US/Soviet relations in the 1980s.