In five pages this paper reviews the text that summarizes the authors' main points and discusses the ease with which economics' concepts are explained within. There are no other sources listed.
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television programs for PBS. Soon after this series premiered , the popularity of the endeavor resulted in a book. Both the book and the TV series have been,
and continue to be, influential in educating the public concerning the ways in which political institutions are impacted by economics. In the preface to the 1990 edition, the authors point
out that when Free to Choose was first published, there were many people worldwide who still believed that socialism was a viable option for producing material prosperity for
the greatest number of people. This position has since been proven wrong, and the Friedmans text demonstrates why. While some of the references in the book are
out of date, such as the ones referring to the former Soviet Union, the arguments that are presented, which promote the capitalist system of economics, are still highly relevant
today as when this text was first published. In 1980, Milton and Rose Friedman predicted that the economic tide was turning to favor capitalism. Basically, Free
to Choose relates political systems with economic factors in language that is easily comprehended by the ordinary person, rather than aiming their text at other economists. The structure of
the book follows the television series on which it is based. There is a chapter for each of the ten episodes. The first chapter, for example, "The Power of
the Market," takes the reader through the fundamental principles that form the basis for the free enterprise system. This chapter, therefore, includes the basic philosophy of Adam Smith,
the Scotch economist whose theories heavily influenced the American Founding Fathers of the eighteenth century. This discussion educates the reader as to the difference between