EMC: Abstract: Power of the Market, The

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Power of the Market, The

• 1980 ----- color ----- 58 min ----- 16mm
• (Free to Choose series, Part 1) The Free Market--how it works, how it made the United States the envy of the world and how threats to economic freedom also threaten political freedom. Milton Friedman shows how the free and unfettered exchange of goods and services can coordinate the activity of millions of people who seek only their own interest but, in doing so, benefits society as a whole. The free market creates the greatest possible freedom and opportunity for all. Conversely, any restrictions placed on exchange in a free market, whether by government, monopolies or labor organizations, tends to diminish freedom, opportunity and the general economic well-being of everyone. (Includes discussion)
• Topics: (Business Finance, Economics, Political Science)

		Educational Media Collection risimiki@u.washington.edu Modified: January 11, 2007