Free to choose. The free market and business cycles
A tour of Hong Kong reveals how the free market has made this port a center of business and industry. Using the manufacture and distribution of an ordinary pencil as an example, economist Milton Friedman illustrates the principles of the free market as expounded in Adam Smith's The wealth of nations. He analyzes the causes of the Great Depression and explores the connection between the Federal Reserve System, money supply, and the health of the economy.
"A tour of Hong Kong reveals how the free market has made this port a center of business and industry. Using the manufacture and distribution of an ordinary pencil as an example, economist Milton Friedman illustrates the principles of the free market as expounded in Adam Smith's The wealth of nations. He analyzes the causes of the Great Depression and explores the connection between the Federal Reserve System, money supply, and the health of the economy."@en
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