Professor Friedman explains the principles that govern imports, exports and exchange rates. http://www.LibertyPen.com
Source: Milton Friedman Speaks
Buy it: http://www.freetochoose.net/store/product_info.php?products_id=152
Professor Thomas DiLorenzo address common misconceptions about capitalism. http://www.LibertyPen.com
Professor Friedman clarifies the motives of protectionism and explains why free trade policies benefit the masses. (1978) Apologies for poor video quality at times. http://www.LibertyPen.com
Famed UCLA economics professor Armen Alchian shares insights on property rights and the meaning of ownership.
Keep up with liberty issues at http://www.LibertyPen.com
What do you think the role of government should be? Are you in favor of anarchy or minarchy? Do you believe there are public goods like defense that the government should provide, or should there be no state at all? Should the government provide a minimal welfare state, or even control the entire economy? What conclusions have you come to?
If the government can print money, why doesn’t it just print money and hand it out? Economics Prof. Antony Davies explains that understanding why money was invented can explain why it is not useful for the government to print money to give away. Increasing the amount of money available for goods and services will only increase prices: this is inflation. If everyone has twice as much money but everything costs twice as much as before, are people better off? Having government print money will not increase wealth.
