The market system between sellers and customers should be free from government intervention, because political and economic power is spread most efficiently through a free economic market. The more government intervention there is, the more government controls people’s lives, and the less choice there is for citizens. The origins of this liberalism lie in European political philosophy, which equates economic freedom with political freedom. Watch Macat’s short video for a great introduction to Milton Friedman’s Capitalism and Freedom, one of the most important economics books ever written.
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Tagged under: Milton Friedman,Friedman,Economics,Capitalism Freedom,Introduction
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