Milton Friedman - Lesson of the Pencil
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Uploaded by LibertyPen on Nov 13, 2009
Milton Friedman uses a pencil to illustrate how the free market price system promotes cooperation and harmony among those with no common interest. http://www.LibertyPen.com
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i am a huge Friedman fan. However, the price system breaks down when you demand that your firms be given access to a countries resources irrespective of the populations wishes. To hijack that countries government controls and institutions, and conclude a deal at the barrel of a gun. Over 700 US military bases across the globe, many in regions where the people want the US outta there. But they have strategic reasons to maintain, as such, they occupy. Utube CHALMERS JOHNSON to educate yourself
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@imamrauf one more, it looks like Hu Jintoa just saw this video...
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@imamrauf barack obama??? rather choose mao zedong.
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I talked with someone about this, using the analogy of a factory, before ever hearing of Friedman.
I can never have an original thought! Someone has always already thought of it :( hehe
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@Visda58 do elaborate, i dont get the joke
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@bajskorvaren Then you should get the joke.
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@Visda58 seen it
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@bajskorvaren THE BIG LEBOWSKI....WATCH IT.
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@Visda58 he said negro in another video, but these videos are from another time when those two words had a slightly different meaning to them, milton is a nice guy believe me bro
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I can find at least one thing that he mentions thats not entirly accurate even plain wrong.
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Pretty interesting stuff. Also, Dude... chinaman is not the preferred nomenclature. Asian American, please.
Visda58 5 months ago 7
the 5 dislikes on this video are from fidal castro, kim jong il , hugo chavez, evo morales, and barack obama.
imamrauf 1 month ago 5