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Market Economy: Crash Course Government and Politics #46

Channel: CrashCourse & Total View: 229694

Add Date: January 29, 2016, 4:35 pm & Duration: 00:09:39

Likes: 3224 | Dislike: 185


John Green, Hank Green, vlogbrothers, Crash Course, crashcourse, government and politics, government, civics, us government, economics, market economy, free market, supply and demand, thomas hobbes, john locke, legal system, competition, public goods, markets, great depression, spa, negative externalities, leaded gasoline, air pollution, anti-trust laws, craig benzine

Today, we’re going to take a look at how the government plays a role in the economy. Specifically, the way the government creates and maintains our market economic system. Now sure, the government’s role in the economy can be controversial, some may even say completely unnecessary. But there are some deficiencies in a free market, and we’re going to look at those, and the tools the government uses to combat those issues in maintaining a healthy and stable economy.

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Does The Free Market Work? | The Ben Shapiro Show Ep. 497

Channel: The Daily Wire & Total View: 132582

Add Date: March 16, 2018, 1:01 pm & Duration: 00:58:20

Likes: 2044 | Dislike: 113


Student walkout, protest, gadsden flag, public school, social science, left-wing propaganda, teachers unions, Mika Brzezinski, Donald trump, trump, president trump, school safety bill, Huffington post, diversity, trade deficit, Thomas Sowell, trade policy, Gina Haspel, Kellyanne Conway, Obama, mailbag, logical proof, God, stonemason Douglas, Ben Shapiro, Andrew Klavan, Michael Knowles, The Daily Wire

The right splits on free trade, Americans split on the student walkout, and we check the mailbag!

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Why Thieves Hate Free Markets - Learn LibertyWhy Thieves Hate Free Markets - Learn Liberty
00:03:03January 27, 2012, 6:17 am
Why Thieves Hate Free Markets - Learn Liberty

Channel: Learn Liberty & Total View: 1490703

Add Date: January 27, 2012, 6:17 am & Duration: 00:03:03

Likes: 3888 | Dislike: 427


libertarian philosophy, libertarianism, theft, shoplifting, stealing, libertarianism explained, competition, society, libertarian, withholding, what is a libertarian, economy, crime, free market, thieves, market, incentive, capitalism, credit cards, IHS, Learn LIberty

Many believe that market economies create a dog eat dog environment full of human conflict and struggle.
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To Prof. Aeon Skoble, the competition in markets does not create conflict, but rather, encourages people to cooperate with one another for mutual benefit.

For instance, suppose a thief steals a suit from Macy's. If Macy's knew who the thief was, one could argue that Macy's has an incentive to keep this information from their competitors. By withholding information about the thief, it would make it much less likely that thief would get caught while robbing Macy's competitors. However, in the real world, competitors share information about theft with one another, creating a valuable information network. Competitors share information because it is in all of their mutual interest to crack down on theft. If a business chooses to ignore the information network, they lose out on valuable information.

The example above is just one of many examples where competitors have a strong incentive to cooperate with one another. In a certain way, we're all merchants who trade with one another. We all individually depend on networks of reputation and trust to own a car, own a home, and have a job. In a world of...

Understanding a Free Market EconomyUnderstanding a Free Market Economy
00:01:40October 4, 2016, 1:08 pm
Understanding a Free Market Economy

Channel: THINK & GROW RICH & Total View: 3888

Add Date: October 4, 2016, 1:08 pm & Duration: 00:01:40

Likes: 10 | Dislike: 2


Understanding a Free Market Economy

Understanding a Free Market Economy
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Why Free Markets Work: Milton Friedman on Political Economy (1996)

Channel: Remember This & Total View: 60441

Add Date: November 14, 2015, 5:00 am & Duration: 01:10:23

Likes: 577 | Dislike: 25


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The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman:

Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and other safe assets, to make the nominal interest rate zero.

The result of this policy is that those who hold money don't suffer any loss in the value of that money due to inflation. The rule is motivated by long-run efficiency considerations.

This is not to be confused with Friedman's k-percent rule which advocates a constant yearly expansion of the monetary base.

The marginal benefit of holding additional money is the decrease in transaction costs...

‘I oppose today’s so-called capitalism’ ‒ Ron Paul on free-market economy

Channel: RT America & Total View: 35377

Add Date: May 3, 2016, 8:56 am & Duration: 00:08:09

Likes: 705 | Dislike: 44


RTAmerica, RT America, RTTV, news, politics, breaking news, ron paul, ameera david, boom bust, harvard university, millennials, usa, united states, free-market economy, welfare state, interventionism, planned economies, economics

More than half of millennials oppose capitalism in its current form, according to a Harvard University poll. Boom Bust’s Ameera David talks to former Representative Ron Paul (R-Texas) to get his take on why the system isn’t working for younger Americans.

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Is Capitalism Moral?Is Capitalism Moral?
00:05:23September 14, 2015, 1:58 am
Is Capitalism Moral?

Channel: PragerU & Total View: 982497

Add Date: September 14, 2015, 1:58 am & Duration: 00:05:23

Likes: 14798 | Dislike: 2399


Dennis Prager, Prager, PragerU, Prager University, Walter Williams, Capitalism, Communism, Socialism, Welfare, Adam Smith, Karl Marx, Market, Free Trade, Free Enterprise, Economics (Field Of Study), Economy, Is Capitalism Moral?

Is capitalism moral or greedy? If it's based on greed and selfishness, what's the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more.
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What is FREE MARKET? What does FREE MARKET mean? FREE MARKET meaning & explanation

Channel: The Audiopedia & Total View: 4182

Add Date: July 28, 2016, 4:18 am & Duration: 00:01:33

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What is FREE MARKET? What does FREE MARKET mean? FREE MARKET meaning - FREE MARKET definition - FREE MARKET explanation.

Source: article, adapted under license.

A free market is a system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

It is a result of a need being, then the need being met. A free market contrasts with a regulated market, in which government intervenes in supply and demand through non-market methods such as laws creating barriers to market entry or price fixing.

In a free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy, and it typically entails support for highly competitive markets and private ownership of productive enterprises.

Although free markets are commonly associated with capitalism within a market economy in contemporary usage and popular culture, free markets have also been advocated by free-market anarchists,...

Monopoly in a free market #Is it possible?Monopoly in a free market #Is it possible?
00:09:37March 15, 2016, 9:27 am
Monopoly in a free market #Is it possible?

Channel: EconClips & Total View: 10409

Add Date: March 15, 2016, 9:27 am & Duration: 00:09:37

Likes: 264 | Dislike: 21


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Monopoly in a free market - is it possible? If yes, is it harmful for consumers? What creates monopolies? Learn Austrian Economics in a fun way!

Rothbard's lecture:

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Margaret Thatcher defends the free marketMargaret Thatcher defends the free market
00:02:11August 22, 2015, 3:54 pm
Margaret Thatcher defends the free market

Channel: TheChrisg00 & Total View: 3322

Add Date: August 22, 2015, 3:54 pm & Duration: 00:02:11

Likes: 48 | Dislike: 1


thatcher, capitalism, conservatives, british politics, iron lady

President Bush & President Gorbachev completely dominated by the Iron Lady

Free Market comparison India, Hong Kong and America, 40 minutes

Channel: Mitch Braddon & Total View: 1159

Add Date: October 30, 2013, 5:44 pm & Duration: 00:39:32

Likes: 13 | Dislike: 1

A look at which system works. Less government and people prosper more.

Economics - Principles of the Free MarketEconomics - Principles of the Free Market
00:14:35January 24, 2015, 1:51 pm
Economics - Principles of the Free Market

Channel: WarnerJordanEducation & Total View: 2173

Add Date: January 24, 2015, 1:51 pm & Duration: 00:14:35

Likes: 12 | Dislike: 0


self interest, profit motive, competition, private property, intellectual property, voluntary exchange, contracts, economics, free market, adam smith, karl marx, capitalism, communism, command economy

In a theoretically free market, what drives the buying and selling of goods and services? Learn about the seven principles that are fundamental to the free market system.

What is the Free Market?What is the Free Market?
00:10:56April 17, 2009, 11:55 am
What is the Free Market?

Channel: Shane Killian & Total View: 34198

Add Date: April 17, 2009, 11:55 am & Duration: 00:10:56

Likes: 1301 | Dislike: 310


free, market, profit, people, economic, libertarian, anarcho-capitalism, property, rights, john, locke, george, mason, slavery, prohibition, drugs, minimum, wage, licensing, dogma

I really didn't think I'd have to go THIS basic: what the free market is, the idea behind it, and how it


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The effect of Prohibition:

Young women stopped from braiding hair in:

Minimum Wages and Employment:

Minimum Wage Effects in the Post-welfare Reform Era

Minimum Wage Laws: Economics versus Ideology

Milton Friedman - Free Market ExchangeMilton Friedman - Free Market Exchange
00:04:55July 2, 2010, 7:55 am
Milton Friedman - Free Market Exchange

Channel: LibertyPen & Total View: 18880

Add Date: July 2, 2010, 7:55 am & Duration: 00:04:55

Likes: 248 | Dislike: 6


economics, liberty, government, Adam, Smith, voluntary, choose, libertarian, laissez-faire, conservative, capitalism, prosperity, cooperation, compulsion, free, enterprise, world, regulation, intervention, contract, buy, sell, wealth, nation, self-interest, society, individualism, mutual, benefit, notion

Milton explores the utility of free exchange as an economic and social dynamic.

Source: Milton Friedman Speaks
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Noam Chomsky: Noam Chomsky: "Free Markets?"
02:01:00February 3, 2011, 2:14 pm
Noam Chomsky: "Free Markets?"

Channel: Santarchy & Total View: 347349

Add Date: February 3, 2011, 2:14 pm & Duration: 02:01:00

Likes: 2614 | Dislike: 242


noam chomsky, free markets, capitalism, free trade, human rights, social justice, nafta

This talk by Noam Chomsky was filmed at Northeastern University, Boston on Dec. 5, 1997

Milton Friedman - Health Care in a Free MarketMilton Friedman - Health Care in a Free Market
00:09:03September 25, 2009, 2:58 pm
Milton Friedman - Health Care in a Free Market

Channel: LibertyPen & Total View: 341572

Add Date: September 25, 2009, 2:58 pm & Duration: 00:09:03

Likes: 3358 | Dislike: 156


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Milton Friedman fields questions from medical professionals at the Mayo Clinic regarding his advocacy of a free market in health care.

4 Free Market Myths Debunked!4 Free Market Myths Debunked!
00:05:49February 8, 2011, 11:51 am
4 Free Market Myths Debunked!

Channel: Stefan Molyneux & Total View: 28898

Add Date: February 8, 2011, 11:51 am & Duration: 00:05:49

Likes: 904 | Dislike: 212


libertarian, philosophy, objectivist, freedom, anarchy, pacifism, objectivism, politics, capitalism, market

Four of the most common myths about the free market debunked -- from Freedomain Radio --

Pricing in a Free-Market EconomyPricing in a Free-Market Economy
00:04:00September 22, 2016, 8:30 am
Pricing in a Free-Market Economy

Channel: Alanis Business Academy & Total View: 1158

Add Date: September 22, 2016, 8:30 am & Duration: 00:04:00

Likes: 19 | Dislike: 0


economics, microeconomics, pricing explained, free-market pricing, free-market economy, free-market economy pricing, free-market pricing explained, free-markets price explained, how free-markets set prices, command economy pricing, command economy explained

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While pricing in a command economy is at the discretion of government, pricing in a free-market economy is left up to individual markets. Learn how markets set prices in a free-market economy and the role that supply and demand play.

The Free Market: Understanding Milton FriedmanThe Free Market: Understanding Milton Friedman
00:09:50February 29, 2016, 6:39 am
The Free Market: Understanding Milton Friedman

Channel: LibertyPen & Total View: 8828

Add Date: February 29, 2016, 6:39 am & Duration: 00:09:50

Likes: 303 | Dislike: 17


free market, regulation, Hong Kong, harbor, natural resources, economics, development, tariffs, economic freedom, industry, trade, selling, capitalism, risk, businessman, government, restriction, competition, adjust, adapt, laws, contract, poverty, productivity, opportunity, power, Netherlands, France, middle class, politics, China, expansion, ideas, technology, democracy, wealth, freedom, low-skill workers, sweatshops

Brad DeLong (University of California, Berkeley), Dani Rodrik (Harvard Kennedy School), Raghuram Rajan (University of Chicago) and Kevin Murphy (University of Chicago) discuss the links between economic liberty, political liberty and prosperity.

Free Market Economy 101Free Market Economy 101
00:07:37January 5, 2012, 1:48 pm
Free Market Economy 101

Channel: Larry Ishmael & Total View: 32068

Add Date: January 5, 2012, 1:48 pm & Duration: 00:07:37

Likes: 128 | Dislike: 14


Tags:, Larry, Ishmael, Congress, Environment, Education, Taxes, Energy, International, policy, Republican, Partisanship, politics, Social, Security, fiscal, conservative, candidate, 1st, Congressional, District, Washington, King, Snohomish, Redmond, Issaquah, Sammamish, Sustainable, Sustainability, Debt, Democrat, Independent, Ruderman, Watkins Darcy, Burner economics

This is my explanation of how the Free Market Economy works, "Larry Ishmael" US Congress US House US Representative Environment Clean Air Global warming Suasor Education Taxes Energy Clean energy Policy Foreign Affairs International affairs

Why the Free Market Works | Arik Schneider | [email protected]

Channel: TEDx Talks & Total View: 581

Add Date: May 3, 2017, 7:37 am & Duration: 00:09:52

Likes: 23 | Dislike: 2


TEDxTalks, English, United States, Social Science, Choice, Economics, Freedom, Government, Society

Arik Schneider dives into what the free market is and how it works. Recorded at [email protected] at the Best Western Golden Sails Hotel on March 25, 2017.

Arik Schneider is an accomplished high school speaker, Young American's for Freedom Chairman, and (hopefully) normal guy. Arik lives in Fullerton, California with his family.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at

Milton Friedman - Enemies of the Free MarketMilton Friedman - Enemies of the Free Market
00:02:32February 6, 2018, 6:37 am
Milton Friedman - Enemies of the Free Market

Channel: LibertyPen & Total View: 4472

Add Date: February 6, 2018, 6:37 am & Duration: 00:02:32

Likes: 404 | Dislike: 1


free market, academic, academia, political correctness, economics, central planning, capitalism, business, businessman, subsidies, protection, tax deductions, government, bailouts, intellectuals, consumers, politics

Professor Friedman identifies the two primary enemies of economic freedom.

Milton Friedman on Why Free Market Capitalism is Best

Channel: Common Sense Capitalism & Total View: 19780

Add Date: November 2, 2010, 9:02 am & Duration: 00:02:27

Likes: 239 | Dislike: 25


milton friedman, free market, capitalism, common sense capitalism

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Free Market Healthcare? Favorite Country? Ron Paul Answers Viewer Questions

Channel: RonPaulLibertyReport & Total View: 13353

Add Date: March 30, 2017, 9:31 am & Duration: 00:22:00

Likes: 541 | Dislike: 19

We are back with another edition of "Ask Ron Paul." Ron answers your toughest questions!


Channel: Prosocial Progress Foundation & Total View: 4343

Add Date: May 1, 2017, 2:59 am & Duration: 00:05:45

Likes: 214 | Dislike: 4


Free Market Economics, How the free market works, Ethics and the free market, Peter Joseph, Zeitgeist, The New Human Rights Movement, Capitalism, Free Market Explained, Free Market and collusion, Free Market, Price Fixing, Free Market corruption, Monopolies

An example of how the Free Market functions, taken from the book titled 'The New Human Rights Movement', written by Peter Joseph. Purchase a copy of the book here:

Ayn Rand Educates Phil Donahue on Free Market Economics

Channel: Common Sense Capitalism & Total View: 23231

Add Date: December 1, 2012, 9:44 am & Duration: 00:04:21

Likes: 306 | Dislike: 14


Ayn, Rand, Educates, Phil, Donahue, Free, Market, Economics

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Government Vs Free Market CapitalismGovernment Vs Free Market Capitalism
00:10:58December 24, 2016, 6:24 am
Government Vs Free Market Capitalism

Channel: The Liberty Network & Total View: 8287

Add Date: December 24, 2016, 6:24 am & Duration: 00:10:58

Likes: 498 | Dislike: 30


Government, Free Market Capitalism, Capitalism, Free Market, State

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Does The Free Market Work? | Ep. 497Does The Free Market Work? | Ep. 497
00:58:20March 16, 2018, 1:10 pm
Does The Free Market Work? | Ep. 497

Channel: Ben Shapiro & Total View: 49586

Add Date: March 16, 2018, 1:10 pm & Duration: 00:58:20

Likes: 531 | Dislike: 35


Student walkout, protest, gadsden flag, public school, social science, left-wing propaganda, teachers unions, Mika Brzezinski, Donald trump, trump, president trump, school safety bill, Huffington post, diversity, trade deficit, Thomas Sowell, trade policy, Gina Haspel, Kellyanne Conway, Obama, mailbag, logical proof, God, stonemason Douglas, Ben Shapiro, Andrew Klavan, Michael Knowles, The Daily Wire

The right splits on free trade, Americans split on the student walkout, and we check the mailbag!

To watch the full show live, become a premium subscriber. Join the team!
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How the 'free market' has devastated black communities | Lester Spence | TEDxMidAtlantic

Channel: TEDx Talks & Total View: 1596

Add Date: June 23, 2017, 1:06 pm & Duration: 00:12:43

Likes: 57 | Dislike: 19


TEDxTalks, English, United States, Social Science, Crime, Criminal justice, Economics, Money, Policy, Public Policy, Race, Urban Areas

Lester Spence is an associate professor of political science and Africana studies at Johns Hopkins University. He specializes in the study of black, racial, and urban politics in the wake of the neoliberal turn.

An award winning scholar (in 2013, he received the W.E.B. DuBois Distinguished Book Award for his book, Stare in the Darkness: The Limits of Hip-hop and Black Politics) and teacher (in 2009, he received an Excellence in Teaching Award), he can regularly be heard on National Public Radio and the Marc Steiner Show.

Raised in Inkster, Spence holds both a BA and a PhD in Political Science from the University of Michigan. He has lived in Baltimore since 2005 and is a father of five.

This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at

Free Market Capitalism FAILS againFree Market Capitalism FAILS again
00:23:10May 10, 2010, 11:45 am
Free Market Capitalism FAILS again

Channel: TJ Kirk & Total View: 242433

Add Date: May 10, 2010, 11:45 am & Duration: 00:23:10

Likes: 5000 | Dislike: 2137


Capitalism, Regulation, Taxation, Free, Market, Ron, Paul, HowTheWorldWorks, Lee, Doren, the amazing atheist

The trap is sprung. Sorry, Lee, but it won't be that easy for you.


1. I am a capitalist. I am merely not a free market capitalist. I believe in regulation.
2. I never said that capitalism and trade don't create wealth. I merely had the courage to point out that fraud and exploitation are a crucial element of the money-making process.
3. I never said that it should be mandated that companies share their profits with employees, I merely hypothesized that this was the natural philosophical result of the statement below.


Free Market Capitalism says we own our own labor:
". . . in a free-market system, every person has a property right over his own person and his own labor and can make free contracts for those services."
Murray Rothbard,
Free Market Capitalist
Sometimes referred to as "the founder of libertarianism"


1. Objective Value/Baseline Value/Intrinsic Value
Value based on "need" in relation to the achievement of sustained physical and psychological health.

2. Subjective...

Free Market Theory and Where It Went WrongFree Market Theory and Where It Went Wrong
00:07:02July 7, 2009, 6:47 pm
Free Market Theory and Where It Went Wrong

Channel: kanjohvideo & Total View: 2977

Add Date: July 7, 2009, 6:47 pm & Duration: 00:07:02

Likes: 10 | Dislike: 1


subprime_mortgage_crisis, _securitization, _stocks, _bonds, _trading, _financial_crisis disclaimer - none of these videos are meant to be personalized financial advice.

There is No Such Thing as a Free MarketThere is No Such Thing as a Free Market
00:04:26May 27, 2011, 6:02 pm
There is No Such Thing as a Free Market

Channel: New Economic Thinking & Total View: 3875

Add Date: May 27, 2011, 6:02 pm & Duration: 00:04:26

Likes: 49 | Dislike: 9


inet, new economic thinking, ha-joon chang, capitalism, free markets

In part 1 of INET's interview with Ha-Joon Chang, he tells us that "market objectivity" is a myth, because in reality supposedly free markets are all regulated in some fashion

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