Free market

Free to Choose: Closing Thoughts on This Book Retelling Series

We made it. Over the past few months, I walked you through all ten chapters of “Free to Choose” by Milton and Rose Friedman. From the power of a simple pencil to constitutional amendments, from the Great Depression to school vouchers, from trade wars to inflation. Fifteen posts. One big idea: people make better decisions for themselves than governments make for them.

Free to Choose Chapter 1: The Power of the Market

Nobody on this planet knows how to make a pencil. Not one single person. That is not a joke. It is the opening argument of Chapter 1 of Free to Choose, and once you understand it, you will never look at the economy the same way again.