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Power of the Market - The Pencil

Published:

Milton Friedman teaches more capitalism in 3 minutes than some people learn in three years ...

... ('cause they're out organizing the community, or some ish).

Entry #775

Comments

1.
maximumfunComment by maximumfun - April 12, 2012, 7:05 pm
I remember taking econ classes back in the '70's when I was in college (back before ipods and cell phones and before cable tv) and quite frankly I believe you are spot on. My prof did not give a summary intro like that... ever. And I have never thought so much about what all it takes to create a pencil. Who knew!

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