Free To Choose 1980 - Vol. 01 The Power of the Market - Full Video
Why Hacker News recommends it
Commenters say it made market economics click for them and find it an interesting documentary relevant to welfare and UBI debates.
What it is
The first episode of Milton Friedman's 1980 Free To Choose series, on how markets and voluntary exchange organize economic activity and the price system. It includes visits to Hong Kong, the U.S. and Scotland and a panel discussion with critics.
Recommended by 2 HN commenters across 2 different months, 2023 to 2024.
What Hacker News said
Strong rec olalonde · 2023-01 · on “Ask HN: Concepts that clicked only years after you first encountered them?”
It took me a long time to grasp market economics. I knew it worked somehow but I didn't quite understand why. What really made it click was Milton Friedman's "Free to Choose" TV series[0]. [0] [this video]
Recommends maerF0x0 · 2024-08 · on “Judge rules $400M algorithmic system illegally denied Medicaid benefits”
That is also a fantastic comparison point. The same ideal is part of the idea behind UBI replacing the social welfare bureaucracy. I found this documentary "Freedom to choose" to be really interesting: [this video]
Cites mattanimation · 2023-08 · on “Thomas Sowell's greatest insight – Konstantin Kisin [video]”
"There are no solutions, only trade-offs" 100% based Sowell. I first heard him debate when watching Milton Friedman's "Free to Choose" series (found here: [this video] ) and immediately got his books.