Carmine's Staff Pick: The Real Adam Smith: A Personal Exploration by Johan Norberg

The Real Adam Smith: A Personal Exploration 

by Johan Norberg

Last month President Obama spoke to a group in Argentina and said the following:

"So often in the past there's been a sharp division between left and right, between capitalist and communist or socialist. And especially in the Americas, that's been a big debate, right? Oh, you know, you're a capitalist Yankee dog, and oh, you know, you're some crazy communist that's going to take away everybody's property … I mean, those are interesting intellectual arguments, but I think for your generation, you should be practical and just choose from what works. You don't have to worry about whether it neatly fits into socialist theory or capitalist theory – you should just decide what works," said President Obama.

What works, eh? We don't need to look further than China to see a dramatic shift from socialism to free-market principles. See a great explanation of this shift in our newest film series, The Real Adam Smith: A Personal Exploration by Johan Norberg.

This quote summarizes the point nicely:

"After Mao died, both the Chinese leaders and the Chinese people recognized that socialism didn't work … They gradually opened up the economy, allowed private sector to enter in one industry after another, and of course, once the private enterprises entered any sector, they quickly out-performed state enterprises." – Ning Wang, professor of economics at the Ronald Coase Institute and co-author of the book How China Became Capitalist. 

Want to hear more? The entire film is available to stream online at www.freetochoose.tv. Sharing free-market principles is just a Facebook post or tweet away! We would be thrilled if you shared this clip or your own favorite Free To Choose Network video with your friends.

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Introducing: FTCN Staff Picks

Late last year we began a staff picks email campaign. Free To Choose Network is celebrating its 30^th anniversary, and our extensive video library certainly reflects that legacy. In an effort to make use of this footage, we are promoting a short video clip each month. While some of the videos are decades old, we have been impressed to see how often the ideas are still relevant to events happening today. The staff picks campaign also gives us the opportunity to highlight segments of our newest documentary releases.

Technology has certainly changed since Free To Choose Network was founded, and we are thrilled that social media outlets such as YouTube and Facebook make it easier to share free-market ideas to as many people as possible, wherever they are, whenever they want, in an increasingly mobile and online world. 

We hope that the staff picks initiative will help us reach a generation of viewers who can stand as champions of liberty in the face of freedoms lost to ever-growing government. However these ideas are most effective when shared, and we need your help to do that! Most of our programs can be streamed online for free, and therefore it is easy to share links via email or social media. See what video we recommend each month, or share your own favorite Free To Choose Network video clips as you explore our archive at freetochoose.tv or on our YouTube and Vimeo channels.

To sign up for e-mail alerts about staff picks, please contact us at cac73@freetochoosenetwork.org or keep up with our blog. Sharing free-market principles is just a Facebook post or tweet away!