The Unveiled Patriot Episode 15 - The Power of the Market & Tyranny of Control

As promised in my previous episode... I will be completing future episodes dedicated to Milton Friedman's PBS series Free to Choose.

We start off here analyzing and summarizing his first two episodes...

The Power of the Market and The Tyranny of Control.

Nobel Prize winning economist Milton Friedman created this series in the 1980s and asked the question...

What were some of the great successes within our country that made the US so valuable... that millions of immigrants went through great and desperate lengths to be here?

Milton realized it was no accident or coincidence.

Adam Smith wrote the Wealth of Nations in 1776... his philosophies paved the way for free market enterprise, adopted by many nations across the globe. His principles, such as the Invisible Hand, are seen at work on a glorious and massive scale...

Late 19th Early 20th Century US is a prime example...

But where else have we seen the same exact blueprint set in place with the same exact prosperity?

We see similar patterns in Hong Kong, Great Britain and Japan as well.

But...The free market only flourishes optimally... when we tone down the tyranny of government control and regulations. De-regulating to the point of achieving FREE TRADE is highlighted by Milton constantly throughout these films... with good reason I might add.

Our final destination is India... a place who has not received the fruits of free market labor like our earlier examples... but have instead suffered greatly from the "straight jacket" of government intervention.

These examples provided in Milton Friedman's Free to Choose episodes enlightened me early on in my unveiling and I only hope they do the same for you as well... specifically highlighting once again, the main takeaway...

The Benefits & Power of the Free Market

vs.

The Consequences & Tyranny of Government Control

Enjoy. Or not.

Yours Truly.