- Learn the three basic types of economic systems.
- Understand the purpose of government in the market system according to classical liberalism.
- Analyze the ability of markets to promote the public interest.
- Chapter 1, 1-2 How People Interact
- Planet money episode: What happens when politicians determine how to allocate resources for rental housing.
- Planet money episode: How the market for stocks and bonds in New York evolved.
- A video of Milton Friedman – he discusses the difference between endorsing free enterprise and endorsing business. He also discusses the cure for excessive government intervention