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Free To Choose 1980 - Vol. 01 The Power of the Market - Full Video
About this video
The first episode of Milton Friedman's 1980 Free To Choose series, on how markets and voluntary exchange organize economic activity and the price system. It includes visits to Hong Kong, the U.S. and Scotland and a panel discussion with critics.
Why it appears in the archive
Commenters say it made market economics click for them and find it an interesting documentary relevant to welfare and UBI debates.
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From the Hacker News discussion
It took me a long time to grasp market economics. I knew it worked somehow but I didn't quite understand why. What really made it click was Milton Friedman's "Free to Choose" TV series[0]. [0] [VIDEO]
Read original comment ↗That is also a fantastic comparison point. The same ideal is part of the idea behind UBI replacing the social welfare bureaucracy. I found this documentary "Freedom to choose" to be really interesting: [VIDEO]
Read original comment ↗"There are no solutions, only trade-offs" 100% based Sowell. I first heard him debate when watching Milton Friedman's "Free to Choose" series (found here: [VIDEO] ) and immediately got his books.
Read original comment ↗