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Power of the Market - The Pencil

Why it was recommended

There's not a single person in the world who could make this pencil.

Referencedoomjunky · Original

What it covers

A three-minute excerpt from Milton Friedman's Free to Choose in which he uses a pencil to show that no single person knows how to make it. He argues that the free market. It is for a general viewer who does not plan to take a prerequisite first.

Video details

Channel
LibertyPen
Length
2 min 42 sec
Year
2008
Open on YouTube

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