It is the government which kills competition'

IEA Chairman Prof David Myddelton discusses Vince Cable's banker-bashing on BBC Radio 5 Live

Following Business Secretary Vince Cable's assertions that "capitalism kills competition", Professor David Myddelton appears on BBC Radio 5 Live to discuss whether we should be concerned by his words, and why it is government-backed monopolies which truly kill competition.

Listen to the intervew here (segment starts at approx 1:09:00).