Power of the Market - The Pencil

Milton Friedman uses a pencil to explain how the operation of the free market promotes harmony and world peace. (1 of 30) http://www.LibertyPen.com

Source: Free To Choose
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  News & Politics

[BRYAN351]

If you can think of a better material than wood to make buildings and paper products out of, I'm all ears. What's the roof over YOUR head made of?

Trees are a renewable resource. Trees are constantly being planted and we have no tree shortage in America.

[normalpsychology]

Interestingly enough, that doesn't matter. Why? Around 4 billion trees are cut down each year and only one billion are planted per year. That's pretty simple math. Eventually, deforestation will severely affect human civilization. That's a fact (at this rate) that most people, you included, are very unwilling to face -- because it feels uncomfortable to acknowledge that, although we'll live happy, comfortable lives, our children and grandchildren may not. Enjoy the information!

[Scott McKelvie]

So bring in Hemp!

[Zatzzo]

what an idiot

[alex boxebe]

Capitalism, libertarianism and milton Friedman rock

[moldyorangepeel]

You are ignoring how people always progress technologically to meet their needs. If we need more trees, we plant more trees, simple.

[Leah McK]

We could always grow hemp, but our politicians are against that.

[HeartlessGorre]

for every tree that is cut down three are planted. EVEN THE DUMB ASS CORPORATIONS KNOW THEY WONT SURVIVE THE CENTURY IF THEY DONT "LEAF" TREES FOR THE FUTURE!!

[Punkandfunk420]

Your logic is flawed because individuals have just as much "control" of politics in political anarchy. You don't know what control means. Just because Motorola went bankrupt from consumer actions, doesn't mean they "control" the economy. What controls the economy is rules and regulations. The consumers were just acting out of self-interest. By your logic the wild is not anarchy.

[FlopSofc]

So when demand rises, prices go up not because it exceeded supply, but because "nothing" raised them? When Apple produces iPhone, Motorola goes bankrupt not because the people chose the former phone, but because "nothing" made Motorola bankrupt?

Do you even economics? The market is control by everyone who is involved in it. To involve, you only need to exchange goods or services. Even little children buying gum in a shop are parts of the market. Anarchy is control by everyone who wishes so.

[Punkandfunk420]

A system that is being controlled by ANYONE is not anarchy. But a system that has no control over it is anarchistic. You need to look up your definition of anarchy.

[FlopSofc]

Exactly. The system that is controlled by the many is anarchy, whereas the system where a person or a group of them gives orders to everyone else is not anarchy.