September 29, 2020

Friedman Fundamentals: What Drives Economic Progress

Civilization’s greatest achievements have not come from government bureaus, but from the ability of individuals to pursue their own interests. Free markets and free trade not only increase people’s productive activities but also improve economic conditions. Thus, free markets have the ability to harness self-interest in ways that benefit everyone.

Additional resources: Listen as Russ Roberts talks to Milton Friedman about the radical ideas he put forward almost 50 years ago in Capitalism and Freedom. Available here: https://bit.ly/2OQG5CI

Read “The Case for Free Trade” by Milton Friedman, Rose D. Friedman, available here: https://hvr.co/2S8iRJ2

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