William Friedkin's To Live and Die in L.A. (1985)

If anyone is nostalgic for the 80's I recommend William Friedkin's To Live and Die in L.A., in which Friedkin's main interest was in doing a car chase, with a car going the wrong way on the freeway, which Friedkin felt outdid the chase in The French Connection (1971). Friedkin briefly soared with that film and with The Exorcist (1973) before petering out, along with Peter Bogdanovitch and Francis Ford Coppola, in the short-lived Director's Company.  To Live and Die  in L.A. has everything an 80's film needs:  bright and neon colors (courtesy of Dutch cinematographer Robby Muller), a morally ambiguous cop (William Petersen) and a morally ambiguous criminal (Willem Dafoe), foot chases and car chases, gunfights and fist fights. indistinguishable and morally ambiguous women, a pop soundtrack courtesty of Wang Chung, and gritty Los Angeles locations. 

My favorite part of To Live and Die in L.A. is a fascinating examination of Eric Masters' (Dafoe) attention to detail in printing counterfeit twenty-dollar bills.  For an example of an excellent film about  U.S. Treasury agents tracking down counterfeiters I suggest Anthony Mann's T-Men (1947), with John Alton's beautiful black-and-white cinematography.