Publicado el

Milton Friedman: The free market price system promotes cooperation and harmony among those with no common interest

The Daily Hatch

Milton Friedman’s illustration of a pencil makes the point in a clear way.

Milton Friedman – Lesson of the Pencil

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.

_____________

November 21, 2006

Milton Friedman 1912-2006

Milton Friedman’s book “Free to Choose”, co-authored with his wife Rose, was among the first tracts I’ve read on the topic. I don’t remember exactly when I read it, probably in college. I would not be able to explain well the intracacies of monetarist policies and its alternatives, but Friedman’s simple message about free markets has always stuck with me.

He summed up the workings and the benefits of free markets with a simple idea: a pencil. Here is Friedman in his own words, taken from a transcript of a TV version of…

Ver la entrada original 334 palabras más

Acerca de MANON KUBLER BY MANON KUBLER

MANON KUBLER, ESCRITORA Y PERIODISTA EN RETIRADA. PREPARO MIS LLAGAS. EXPULSO MIS FUEGOS. TENGO HAMBRE Y VINE PARA QUEDARME. MANON KUBLER

Responder

Introduce tus datos o haz clic en un icono para iniciar sesión:

Logo de WordPress.com

Estás comentando usando tu cuenta de WordPress.com. Cerrar sesión / Cambiar )

Imagen de Twitter

Estás comentando usando tu cuenta de Twitter. Cerrar sesión / Cambiar )

Foto de Facebook

Estás comentando usando tu cuenta de Facebook. Cerrar sesión / Cambiar )

Google+ photo

Estás comentando usando tu cuenta de Google+. Cerrar sesión / Cambiar )

Conectando a %s