ECON-1020H Introductory Macroeconomics¶

Fall 2025¶

Chapter 4 optional readings and videos¶

  1. "Governments and markets: In a Fix", The Economist, January 11 2020.

  2. Milton Friedman on self-interest

  3. Milton Friedman on price system

In [1]:
print("2. Milton Friedman on self-interest")
from datetime import datetime, date, timedelta
from IPython.display import display, Audio, Video, YouTubeVideo, VimeoVideo
startTime=int(timedelta(hours=0, minutes=14, seconds=24).total_seconds())
stopTime=int(timedelta(hours=0, minutes=16, seconds=50).total_seconds())
vid = YouTubeVideo("27Tf8RN3uiM", width=600, height=500, start=startTime, end=stopTime)
display(vid)

2. Milton Friedman on self-interest
In [2]:
print('3. Milton Friedman: Lesson of the Pencil')
startTime=int(timedelta(hours=0, minutes=0, seconds=9).total_seconds())
stopTime=int(timedelta(hours=0, minutes=6, seconds=40).total_seconds())
vid = YouTubeVideo("4ERbC7JyCfU", width=600, height=500, start=startTime, end=stopTime)
display(vid)

3. Milton Friedman: Lesson of the Pencil