Transcript - Izzit.org
Transcript - Izzit.org
Transcript - Izzit.org
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and efforts without anyone telling them what to do, including a government. More goods and morefreedom.EMERSON: Freedom?PENCIL: Free markets, personal freedom and political freedom. They need each other and lead to thepredictable miracle of steadily better ways of life through the price system.EMILY: Freedom! That’s the invisible hand!EMERSON: You think?FRIEDMAN: But the miracle of this pencil isn’t that nobody knows how to make it. The miracle of thepencil is how did it get made?For a list of additional resources to use with this video go towww.izzit.<strong>org</strong>/products and click on The Price System video.5
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