Complete Guide To: Free To Choose

By Sapiens Library

COMPLETE GUIDE TO: FREE TO CHOOSE

 

MAIN THEORIES, CONCEPTS AND METHODS

 

You will learn the answers to the following questions based on the bestseller theories, concepts and ideas:

 

Was Adam Smith Right?

Is The Free Market Equivalent To Human Freedom?

Does Government Economic Control Improve Or Worsen Our Personal Freedom?

Why Shouldn't We Let The Government Interfere?

Why Can Political Pressure Cause Economic Disasters That Can Even Turn Into A Global Crisis?

What Causes Inflation And How To Cure It?

Are Social Programs Really A Good Idea?

Why Have Bureaucrats Ruined The Education System?

Why Does A Protectionist Government Always Fail Those It Wants To Protect, Whether They Are Consumers Or Workers?

How Can We Regain Our Freedom?

 

ABOUT THE BOOK

If we want to make intelligent choices regarding freedom, we need to first understand the fundamental principles of our system. These principles, which include Adam Smith's economic principles, explain how a complex, organized, and well-functioning system can develop and flourish without central direction and how coordination can be achieved without the use of coercion. If we want to make wise choices regarding freedom, we need to first understand the fundamental principles of our system.

• Language: English
• Publisher: Publishdrive
• Release date: Nov 22, 2022

Book preview

INTRODUCTION

Since the very first European settlement in the New World, the United States has been a magnet for people from all over the world who are looking for new experiences, escaping oppression, or just wanting to make a better life for themselves and their families.

The story of the United States is the tale of an economic and political miracle that was made possible by the implementation of two different sets of ideas, both of which were formulated in documents that were published in the same year, 1776. This miracle is the story of the history of the United States.

The Wealth of Nations, Adam Smith's magnum opus, is widely regarded as the seminal work that solidified his position as the father of modern economics. In that work, Smith evaluated how a market system might reconcile the freedom of people to pursue their own aims with the extensive collaboration necessary in the economic sector to provide food, clothes, and shelter. Smith believed that this was possible via the use of a market system.

The central tenet of Adam Smith's economic theory was that each participant in a transaction has the potential to derive some benefit from the transaction, and that so long as participation in a transaction is entirely voluntary, the transaction will not take place unless both parties come out ahead.

It proclaimed a new nation, the first in the history of the world to be established on the principle that everyone has the right to pursue his or her own values, and it was drafted by Thomas Jefferson in order to express the general sentiment of his fellow countrymen. Another important set of ideas was embodied in the Declaration of Independence, which was written by Thomas Jefferson.

Freedom on the economic front is necessary before achieving liberty on the political front. People are given the opportunity to work together without being subject to coercion or being directed from a