Town Square

Post a New Topic

Two minute video entitled "The Pencil" (on Capitalism)

Original post made by amy, Del Prado, on May 15, 2009

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.

Web Link

Comments (3)

Like this comment
Posted by Freedom Rings
a resident of Birdland
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.

Like this comment
Posted by Bad Business
a resident of Happy Valley
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.

Like this comment
Posted by Freedom Rings
a resident of Birdland
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.


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

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: *

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Central Oregon population is soaring with former Californians
By Tim Hunt | 9 comments | 717 views

Reasons to Love the A’s, Chapters Next
By Tom Cushing | 13 comments | 360 views

What Exactly Is FAFSA and Why Should You Complete It?
By Elizabeth LaScala | 0 comments | 329 views

Chabad holding Jewish high holy days services at new Pleasanton center
By Jeb Bing | 0 comments | 126 views