Monday, June 13, 2011

Power of the Market - The Pencil

This video is based on the "I, Pencil" essay written by Leonard Read in 1958 in The Freeman, which is published by the Foundation for Economic Education. It's a short video (about 2.5 mins) explained by one of my favorite economists, Milton Friedman.


Here is the URL to the actual essay: http://www.thefreemanonline.org/featured/i-pencil/

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