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404 views · Published 23 April 2009 · 0:31 · Indexed 20 September 2026

Channel: Free To Choose Network · 2009 · Education

Free Market incentives are spectacularly changing lives and entire economies over much of the world. In the last 25 years, hundreds of millions of people-- 400 million in China alone-- have climbed out of the dire poverty of living on less than $1 per day. It is the largest movement out of poverty in human history.

Yet, two thirds of the worlds population-- four billion people-- still does not have the tools to thrive in free markets. Forced to operate outside the rule of law, they have little education, no legal identity, no fungible property, no credit, no capital, and thus few ways to prosper.

However, when given the incentives and the tools, these people are proving they can apply their free choice, intelligence, imagination and spirit to dramatically advance their well-being and that of their families and communities.

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