Free To Choose, Vol. 1 – The Power of the Market: The Pencil 1 November 2013

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Free To Choose, Vol. 1 – The Power of the Market: The Pencil
Milton Friedman, US 1980, 2:20 min

In his PBS television series Free To Choose, American economist and “father of neo-liberalism”, Milton Friedman, explains the principles of free market economy to a broad audience. The story of the pencil stands out as especially easy to comprehend.

 

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