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Episode Details: The Power of the Market
The Power of the Market
Series: Free to Choose
Season: Season 2
Episode Number: 1
Air Date:
Duration: N/A min
America's freedom and prosperity derive from the combination of the idea of human liberty in America's Declaration of Independence with the idea of economic freedom in Adam Smith's Wealth of Nations. Friedman explains how markets and voluntary exchange organize activity and enable people to improve their lives. He also explains the price system. Friedman visits Hong Kong, U.S. and Scotland. Introduction by Arnold Schwarzenegger.
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