Economics

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Economics

Economics

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Since time immemorial, human societies have been organized around politics and economy. The earliest human civilization societies were bound together by strong economical and political factors which determined how the societies were held together. A balance was usually maintained between the two institutions. For example the fall of the Roman Empire came as a result of economic decline. Economist have for along time studied the relations between the two institutions and how they related for existence of the society. Friedman was one of those economists who studied the subject especially in view of free market and its political and freedom connections.