July 25, 2009

Saturday Learning Series - Free to Choose Part 3

Milton Friedman's Freedom to Choose - Anatomy of a crisis.
The Great Depression has been popularly viewed as a failure of capitalism. The stock market crash, the failure of the Bank of the United States, loss of personal savings, were visible symbols supporting this belief. As Friedman explains, the real cause was the unseen failure of government policy and action. Yet this crisis resulting from government failure leads to decades of government expansion.




For more economics and history,  search Nonsensible Shoes for "Saturday Learning Series".

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