Episode 128 – Free To Choose 1980 – The Tyranny of Control (Podcast)

Government planning and detailed control of economic activity lessen productive innovation and consumer choice. Good, better, best, are replaced by ”approved” or ”authorized.” Economist Milton Friedman visits India, Japan, and the United States to show how “established” industries or methods seek government protection or subsidization in their attempts to stop or limit product improvements which they don’t control. Today’s podcast is “The Tyranny of Control,” volume two of the ten-part public television series Free To Choose. Listen now.

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Episode 124 – Free To Choose 1980 – The Power of the Market (Podcast)

America’s freedom and prosperity derive from the combination of the idea of human liberty in America’s Declaration of Independence and the idea of economic freedom in Adam Smith’s Wealth of Nations. Economist Milton Friedman visits Hong Kong, the United States, and Scotland to explain how markets and voluntary exchanges organize activity and enable people to improve their lives. Today’s podcast is “The Power of the Market,” volume one of the ten-part public television series “Free To Choose.” Listen now.

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Episode 123 – The Real Adam Smith: Ideas That Changed the World (Podcast)

Today’s podcast is from our 2016 public television documentary film, Ideas That Changed the Word, the second of a two-part series, The Real Adam Smith: A Personal Exploration by Johan Norberg. Adam Smith was a moral philosopher, a bold voice of the Scottish Enlightenment, the world’s first economist, and author of The Theory of Moral Sentiments and The Wealth of Nations. But in today’s society, has the global economic system become so big and so complex that morality and human empathy are no longer relevant? Why are Smith’s ideas still significant today? Listen now to find out, and don’t forget …

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Episode 122 – The Real Adam Smith: Morality and Markets (Podcast)

Adam Smith was a moral philosopher, a bold voice of the Scottish Enlightenment, the world’s first economist, and author of The Theory of Moral Sentiments and The Wealth of Nations. But in todays’ seemingly ruthless competitive environment, where the stakes are high, can ethical and honest businesses still prosper? How are Smith’s ideas about markets and morality relevant today? Today’s podcast is from our public television documentary film, Morality and Markets, the first of a two-part series, The Real Adam Smith: A Personal Exploration by Johan Norberg. Listen now.

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Episode 87 – Milton Friedman Speaks – “The Future of Our Free Society” (Podcast)

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, Friedman’s talk is “The Future of Our Free Society.” We live under government domination of the market economy. We have come a long way from a truly free economy. Consider the number of markets to which new firms do not have free access. Consider the erosion of expression for business people. Consider the plethora of government regulations American business must contend with. Can these trends be reversed? It is harder to repeal laws than pass …

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Episode 86 – Milton Friedman Speaks – “Money and Inflation” (Podcast)

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, Friedman covers “Money and Inflation.” Inflation is blamed on many things, but it has only one cause. It is a monetary phenomenon. Inflation occurs when the quantity of money increases faster than the quantity of goods. Why does the money supply increase? Very often it does so to enable the government to pay its bills without raising taxes. There’s only one real cure for inflation. It is a cure that’s easy to describe but difficult …

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Episode 85 – Milton Friedman Speaks – “Who Protects the Worker?” (Podcast)

To celebrate the 40th Anniversary of Free To Choose, we are sharing some of Milton Friedman’s most compelling talks. In this original recording from 1978, the question asked is, “Who Protects the Worker?” Unions offer protection to workers in some situations, but union membership represents only one-fifth of the American labor force. And while some unions do benefit their members, it is generally at the expense of competing workers and frequently at the expense of the consumer. Government? Government provides some protection, but its efforts are minor. Some workers with only one possible employer—or with no possible employer— enjoy very …

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