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Power of the Market - Voluntary Cooperation

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Uploaded by on Sep 2, 2008

Milton Friedman explains how the free market and a free society result from voluntary cooperation (4 of 30) http://www.LibertyPen.com

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  • simply brilliant, yet so misunderstood

  • It's such a simple concept. It's a shame people try to meddle with it so.

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  • @Mishkafofer Possible yes, but free no. Let us not forget that is it very likely the "merchant" selling his tomatoes will absorbe the "free samples" of his tomatoes by slightly highering the cost of his tomatoes. It is a way of marketing your "product". The same can be said for the flyers he spent money on that he posted on the table in front of his stand. Businesses simply pass the cost of these measures to the "consumer". Its not free, someone always pays for it someway or somehow.

  • what about the space race? hehe

  • 1 person is Paul Krugman.

  • @vegnagunL - No, his ideas give the only road map for actual progress. Not a society led by a government planner, but one where people's individual excellence benefits us all.

    It's planned societies that stay as they are, or deteriorate.

  • i saw Milton eating a free tomato at 0:33. Is that possible?

  • nicely said, in essence we are the as monkeys,our race shall pay our ignorance and individualism....

    We are human resources, his ideas only keeps things as they are.... no change will ever happen

  • the should bring the fruit vendors back to the big city, more social environment.

  • Perfectly stated.

  • bravo bravo

    graet job

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