Sunday, December 03, 2006

The Parable of the Pencil

The late Milton Friedman explains the power of the free market in "The Parable of the Pencil":

Read Leonard Reed's essay "I, Pencil", with an introduction by Milton Friedman .

See many more Milton Friedman videos here and listen to the Milton Friedman Chior (seriously) here.

(Hattip Patri Friedman, Milton's grandson.)

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