That cash in your wallet isn't money - it's a tax receipt. Milton Friedman explains why every dollar is basically an IOU from the government. | Free To Choose Network

When Estonia broke free from Soviet rule in 1992, the newly independent nation faced catastrophic challenges: 1000% inflation, economic collapse, and widespread shortages. Their solution? A 32-year-old prime minister who had read exactly one economics book—Milton Friedman's Free to Choose. What happened next transformed one of Europe's poorest nations into a model of economic freedom and digital innovation. Sometimes the most radical changes come from the simplest ideas applied with courage and

7.2K views · 110 reactions | What if the government was forced to stick to a budget, the same way that you and I do? It would only be one step in the right direction. We need to address the bigger problem, as discussed in this clip from Free To Choose, Episode 10 “How to Stay Free”. Watch the full video for episode 10 of Free To Choose: The Original 1980 TV Series here ➡️ www.freetochoose.tv/broadcasts/ftc80.php. | Free To Choose Network | Facebook