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Two minute video entitled "The Pencil" (on Capitalism)
State, National, International, posted by amy, a resident of the Del Prado neighborhood, on May 15, 2009 at 9:39 am

For those who criticize capitalism and the free market, I'd be interested to hear your reaction of this following short video by Milton Friedman.

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Posted by Freedom Rings, a resident of the Birdland neighborhood, on May 15, 2009 at 10:00 am

Dr. Friedman was a remarkable man. As a student of economics, I try to share lessons like his with my two children. I fear they don’t learn lessons like this in our public schools.


Posted by Bad Business, a resident of the Happy Valley neighborhood, on May 15, 2009 at 12:39 pm

No doubt was a very intelligent man, but with a tendency to use hyperbole. Does anyone remember his debates with William F. Buckley Jr? I'll post more later.


Posted by Freedom Rings, a resident of the Birdland neighborhood, on May 15, 2009 at 1:19 pm

Critical Thinking - Macro Economics 101. It's a shame that only two people who have commented on this video in the past three hours.

A proper functioning free market excacts heavy penalties for those that abuse it. With regrets, since the 1930s, we've moved far from free markets.

Risk/Competition/Reward

You can lead horses to water but you can't make 'em drink it!


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