Dr. Friedman states, “There is not a single person in the world who can make this pencil.” He explains that the creation of even a simple object – like the “lead” pencil – requires the knowledge of many people, lumberjacks, steel manufacturers, miners, etc. These people may not speak the same language, they may not know or like one another, yet the market enables them to combine knowledge and effort to produce wealth.
Introduced by Arnold Schwarzenegger. Discussion with David Brooks, Wall Street Journal and James Galbraith, University of Texas.
This is Volume 1 of 10 - Watch the Entire ‘Free to Choose’ Series
This is a 10-part series, volumes 1-5 were updated in 1990. Both versions are available online. Please watch all these important videos.
“I don’t think it’s an exaggeration to call Milton Friedman’s Free to Choose a survival kit for you, for our nation, and for freedom. ” -Ronald Reagan
Free To Choose – 1990 Series
- Volume 1 – The Power of the Market
- Volume 2 – The Tyranny of Control
- Volume 3 – Freedom & Prosperity / The Failure of Socialism
- Volume 4 – What’s Wrong with Our Schools?
- Volume 5 – Created Equal
Free To Choose – 1980 Series
- Volume 1 – The Power of the Market
- Volume 2 – The Tyranny of Control
- Volume 3 – Anatomy of Crisis
- Volume 4 – From Cradle to Grave
- Volume 5 – Created Equal
- Volume 6 – What’s Wrong with our Schools
- Volume 7 – Who Protects the Consumer?
- Volume 8 – Who Protects the Worker
- Volume 9 – How to Cure Inflation
- Volume 10 – How to Stay Free